40-42 East Grand AveOld Orchard Beach, ME 04064MLS Number 1316532

  • Price: $850,000
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Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

    Huge $100,000 Price Reduction!!! Great property, great location, great options. Family-owned compound with 4 detached buildings, a total of 8 units (4 one bedroom & 4 two bedrooms), including a small take-out restaurant, direct entrance to the beach and 13+ off-street parking spaces, These clean, cozy units with full kitchens and baths have a great location close to beach recreation, but far enough away to enjoy peace & tranquility. Spend time on the front porch lounging and enjoying other quests or take the path directly in front to 7 miles of pristine, sandy beach and the Atlantic Ocean. These units have a great summer and winter rental history. Are 8 units too much? Property is equally divided on two deeds. Invite family or friends to invest with you and each own 4 units. The options are many--live on the beach, use as investment property or condo conversion, you decide. For more options see MLS's 1338728 and 1338571

    Listed by Keller Williams Coastal Realty

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    The Maine Real Estate Network Auburn
    Office: 207.784.2525
    34 Center Street
    Auburn, ME 04210

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    More Info

    Location Information

    • Building Number40
    • StreetEast Grand Ave

    Building

    • BasementWalk-Out
    • Stories2
    • StyleMulti-Level
    • Total Units8
    • Year Built1910
    • Listing TypeGeneral Commercial
    • Building ConstructionWood Frame
    • RoofShingle

    Exterior

    • ExteriorClapboard, Vinyl Siding

    Amenities

    • Amenities
      • Fence
      • Furniture Included
      • Laundry-1st Floor
      • Out Building
      • Patio
      • Porch

    Other

    • Parking Spaces11-20 Spaces, On Site, Paved
    • View Count1

    Basic Information

    • List Price$850,000
    • MLS Number1316532
    • Address40-42 East Grand Ave
    • Broker NameKeller Williams Coastal Realty
    • Modification Date02/17/2018
    • StatusACT
    • Agent ID013081
    • Broker ID2073
    • SeasonalNo

    Property

    • Acreage0.13
    • Sq Ft Finished Total4579
    • Vehicle StorageNo Vehicle Storage
    • Water ViewYes

    Water Body

    • Water Body NameAtlantic Ocean
    • Water Body TypeOcean
    • WaterfrontNo

    Photos

    • Number of Photos22
    • Last Img Trans Date02/14/2018

    Location

    • StateME
    • TownOld Orchard Beach
    • Zip04064
    • Location
      • Intown
      • Near Country Club
      • Near Golf Course
      • Near Public Beach
      • Near Railroad
      • Near Shopping
      • Near Turnpike/Interstate
      • Neighborhood
    • CountyYork
    • DrivewayPaved
    • Road Frontage DescriptionPublic
    • SiteLevel, Open, Sidewalks
    • TransportationMajor Road Access, Rail Available

    Utilities

    • Heat SystemBaseboard, Direct Vent Heater
    • Heating FuelGas-Bottled, Oil, Propane
    • Waste Water DisposalPublic
    • WaterPublic
    • Water HeaterElectric, Off Heating System, Other Water Heater

    Auction

    • KickoutNo

    Old Orchard Beach, ME Real Estate Market Data

    There is no data available

    Old Orchard Beach, ME Demographics

    There is no data available

    Old Orchard Beach, ME Schools

    School NameDistanceTypeGrades

    Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2018 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

    The Maine Real Estate Network Meservier and Associates participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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