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$900,000
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Property Description
Location location location less than 300 yards to the Sandy beach in beautiful old orchard beach , renowned for its stunning coastline and vibrant community, presents a unique investment opportunity with this fully occupied 5-unit property. The recent updates add to its appeal, offering a blend of two efficiency units, one one-bedroom, and two two-bedroom apartments, all currently rented on a month-to-month basis. The under-market rents suggest a substantial upside for future income growth. With its prime location close to local shops, dining, and entertainment, plus the convenience of off-street parking, this property stands out as an excellent choice for investors. Whether for long-term leasing or exploring the lucrative Airbnb market, the potential is vast. This property not only promises immediate cash flow but also the flexibility for a condo conversion or expansion, possibilities catering to a range of investment strategies. Embrace the chance to own a piece of this beach community, a rare find indeed in the heart of Old Orchard Beach. If you need any more details or have specific questions about the property or the area, feel free to ask!
Full Property Details
Full Property Details for 20 Seacliff Ave
General
- Sold For: $900,000
- Taxes: $7,671 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1606949
- Added to Site: 492 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom
- Flooring: Wood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level, Washer Hookup
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Attached garage: Yes
- Parking Features: 5 - 10 Spaces, Gravel, Paved, On-Site Parking, Carport
Location
- County: York
- Subdivision: No
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Multi-Zone, Hot Water, Forced Air, Direct Vent Heater, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Multilevel, New Englander
- Construction: Wood Siding, Vinyl Siding, Wood Frame
- Roof: Membrane, Shingle
- Stories/Levels: 2
- Building Size: 3099
- Square Feet: 3,099
- Living Area: 3,099 Sq. Ft.
- Finished Total: 3,099 Sq. Ft.
- Finished Above Grnd: 3,099 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Lot Size Source: Public Records
- Zoning: brd
- Lot Description: Level, Intown, Near Golf Course, Near Public Beach, Near Town, Near Railroad
Water Features
- Water Front Desc.: Ocean
Financial Considerations
- Tax Amount: $7,671
- Tax Year: 2023
Disclosures and Reports
- Block: 14
- Lot Number: 5
Listed by Dream Home Realty LLC (207) 300-4663
Sold by Dream Home Realty LLC (207) 300-4663
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Schools
Schools serving 20 Seacliff Ave
School District:Regional School Unit 23
| Name | Grades | Distance |
|---|---|---|
Loranger Middle School 148 Saco Avenue, Old Orchard Beach, ME 04064 | 6-8 | 0.7 mi |
Jameson Elementary School 20 Jameson Hill Road, Old Orchard Beach, ME 04064 | PK-2 | 0.7 mi |
Old Orchard Beach High School 40 Emerson Cummings Boulevard, Old Orchard Beach, ME 04064 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Seacliff Ave
Date
Details
Price
Change
Source
1/10/2025
Sold
$900,000
-7.69%
MLS
10/22/2024
Price Reduced
$975,000
-15.22%
MLS
10/16/2024
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20 Seacliff Avenue, Old Orchard Beach, ME 04064 (MLS# 1606949) is a Multi-Family property that was sold at $900,000 on January 10, 2025. Want to learn more about 20 Seacliff 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.

