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75 E Grand Avenue, Old Orchard Beach, ME 04064
$1,050,000
75 E Grand Avenue, Old Orchard Beach, ME 04064View this property at 75 E Grand Avenue, Old Orchard Beach, ME 04064
75 E Grand AvenueOld Orchard BeachME04064
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Property Description
Old Orchard Beach, considered one the top investment locations in Maine! This well cared for 3 unit, just steps from the sands of the Atlantic, offers creative and lucrative short term and long term rental options - with a layout that lends itself to 3 separate units or combine to make one large property offering privacy and space ideal for multi family parties. With an NOI of over $90k, there are few investments yielding this return in our current market. Guests and tenants alike are drawn to a main feature of this property, the one thing you can't change in real estate - location! Easily accessible to restaurants, shops, the pier, and miles of sandy beach. With all furnishings negotiable and a local property management team with proven success in some of the highest grossing rental properties in Maine available to you, this is truly a turn key investment.
Full Property Details
Full Property Details for 75 E Grand Ave
General
- Sold For: $1,050,000
- Taxes: $7,193 (2024)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1572036
- Added to Site: 237 day(s) ago
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Exterior
- Porch/Patio/Deck: Glass Enclosed, Porch, Screened
Parking
- Parking Features: 1 - 4 Spaces, Paved, Carport
Location
- County: York
Heating & Cooling
- Cooling Type: None
- Heating Type: Other Heating System, Forced Air, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Contemporary
- Detached/Attached: Detached
- Construction: Vinyl Siding, Wood Frame
- Basement Desc.: Walk-Out Access, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
- Roof: Shingle
- Building Size: 1776
- Square Feet: 1,776
- Finished Total: 1,776 Sq. Ft.
- Finished Above Grnd: 1,776 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742.4
- Lot Size Source: Public Records
- Zoning: BRD
- Lot Description: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Railroad
Water Features
- Water Front Name: Atlantic Ocean
- Water Front Desc.: Ocean
Financial Considerations
- Tax Amount: $7,193
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Documents Avail.: Property Disclosure Member Only, Other Member Only, Deed Member Only
- Block: 3
- Lot Number: 6
Listed by Benchmark Real Estate (207) 775-0248
Keller Williams Realty (207) 879-9800
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Schools
Schools serving 75 E Grand Ave
School District:Regional School Unit 23
Rating | Name | Grades | Distance |
---|---|---|---|
148 Saco Ave, Old Orchd Bch, ME 04064 | 3-8 | 1.3 mi | |
Jameson Elementary School
20 Jameson Hill Rd, Old Orchd Bch, ME 04064 | PK-2 | 1.4 mi | |
40 E Emerson Cummings Blvd, Old Orchd Bch, ME 04064 | 9-12 | 1.4 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 75 E Grand Ave
Date
Details
Price
Change
Source
11/06/2023
Sold
$1,050,000
-4.55%
MLS
9/14/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
75 E Grand Avenue, Old Orchard Beach, ME 04064 (MLS# 1572036) is a Multi-Family property that was sold at $1,050,000 on November 06, 2023. Want to learn more about 75 E Grand 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.