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107 Ocean Avenue, Old Orchard Beach, ME 04064
$192,500
107 Ocean Avenue, Old Orchard Beach, ME 04064View this property at 107 Ocean Avenue, Old Orchard Beach, ME 04064
107 Ocean AvenueOld Orchard BeachME04064
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Property Description
Investment opportunity! This two-unit home has tons of potential for a value add investment or for an owner-occupied property with the opportunity to cash flow. Located on a quiet street in Old Orchard beach, this property would be a great short or long term rental property. Each unit has a large kitchen and living room. The back unit has the potential to be a 3 bedroom/ 1 ba unit, while the front is a 2 bed 2 bath unit. An addition leaves room for a potential third unit or additional space for the 2 bedroom unit to expand. Just a 6-7 minute walk to the beach, this is a great opportunity to make this property your own! Bring your ideas and bring this place back to life today.
Full Property Details
Full Property Details for 107 Ocean Ave
General
- Sold For: $192,500
- Taxes: $1,548 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1502567
- Added to Site: 1, 017 day(s) ago
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Additional Information
- Amenities: Screened Porch, Shed
- Recreation: Nearby
Parking
- Parking Features: On Street
- Garage Description: No Vehicle Storage
Location
- County: York
- Location Details: Near Public Beach, Near Town
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Forced Air, Hot Air
- Heating Fuel: Oil
Utilities
- Gas: No Gas
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: New Englander
- Construction: Post & Beam
- Exterior Const.: Vinyl Siding, Wood Siding
- Basement Desc.: Bulkhead, Partial, Unfinished
- Roof: Shingle
- Square Feet: 2,007
- Sq. Ft. Source: Public Records
- Finished Total: 2,007 Sq. Ft.
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.09
- Street/Road Desc.: Public
- Driveway/Sidewalk: No Driveway
- Zoning: R2
- Lot Description: Level
Water Features
- Water Access Desc: Nearby
Financial Considerations
- Tax Amount: $1,548
- Tax Year: 2020
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Lot Number: 8
Keller Williams Realty
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Schools
Schools serving 107 Ocean Ave
School District:Regional School Unit 23
Rating | Name | Grades | Distance |
---|---|---|---|
148 Saco Ave, Old Orchd Bch, ME 04064 | 3-8 | 0.2 mi | |
Jameson Elementary School
20 Jameson Hill Rd, Old Orchd Bch, ME 04064 | PK-2 | 0.3 mi | |
40 E Emerson Cummings Blvd, Old Orchd Bch, ME 04064 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 Ocean Ave
Date
Details
Price
Change
Source
12/21/2021
Sold
$192,500
-14.44%
MLS
9/22/2021
Price Reduced
$225,000
-9.09%
MLS
8/17/2021
Price Reduced
$247,500
-4.26%
MLS
8/06/2021
Price Reduced
$258,500
-6%
MLS
7/27/2021
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
107 Ocean Avenue, Old Orchard Beach, ME 04064 (MLS# 1502567) is a Multi-Family property that was sold at $192,500 on December 21, 2021. Want to learn more about 107 Ocean Avenue? Do you have questions about finding other Multi-Family real estate for sale in Old Orchard Beach? You can browse all Old Orchard Beach real estate or contact a Coldwell Banker agent to request more information.