102 Saco Avenue

Old Orchard Beach, ME 04064

MLS ID# 1486482 Active

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$550,000

1 Garage Capacity

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• Description
• Location Information
• Contract Information
• Property Information
• Remarks
• Details

Description

This well maintained, owner occupied FIVE-UNIT is located in the heart of Old Orchard Beach! Nicely perched on a corner lot, the sky is the limit with this property! Short walking distance to downtown and all its amenities (shops, restaurants, bars) as well as the public beach, park, tennis/basketball courts, schools and the Amtrak line. It features a two-bedroom on the first floor; studio and one-bedroom on the second floor and two separate (detached) one-bedroom cabins. Tenants are year-round (TAW for all units) and the current rents are below market rates. Property is being SOLD AS-IS. Don't miss out on this rare investment opportunity! This well maintained, owner occupied FIVE-UNIT is located in the heart of Old Orchard Beach! Nicely perched on a corner lot, the sky is the limit with this property! Short walking distance to downtown and all its amenities (shops, restaurants, bars)... show more

Location Information

• Street # 102
• Street Name Saco
• Street Type Avenue
• County York
• Town Old Orchard Beach
• State/Province ME
• Zip Code 04064
• Zip +4 1827
• Leased Land No
• Book 14720
• Page 0971
• Map 206
• Block 4
• Lot 4
• Zoning R-2
• Zoning Overlay No
• Tax ID OOBH-000206-000004-000004
• Association No
• Full Tax Amount 4160
• Tax Year 2020

Contract Information

• Status Active
• Comp Listing No
• List Price/SqFt 181.64

Property Information

• Surveyed No
• Seasonal No
• Owner Occupied Yes
• Deed/Conveyance Type Offered Warranty
• Deed All
• Deed Restrictions Unknown
• 2 Detached Houses on 1 Lot No
• Number of Units 5
• Color White
• Year Built 1940
• SqFt Finished Above Grade 3028
• SqFt Finished Below Grade 250
• SqFt Finished Total 3278
• SqFt Source Public Records
• Garage Yes
• Garage Spaces 1
• Lot Size Acres +/- 0.13
• Source of Acreage Public Records

Remarks

• Directions On the corner of Glenwood Ave and Saco Ave.

Details

• Site

  Corner Lot , Level

• Roads

  Paved , Public

• Transportation

  Major Road Access , Public Transport Access , Rail Available

• Water Info

  Water Frontage No , Water View No

• Recreational Water

  Nearby , Public

• Building Info

  # Fireplaces 0 , # Stories 2 , # Floors 2 , # Heating Units 2 , # Water Heaters 2

• Income & Expenses

  Gross Income 45432 , Operating Expenses 15560

• Units

  # of 1 BD Units 4 , # of 2 BD Units 1 , # of 3 BD Units 0 , # of 4+ BD Units 0

• Unit 1

  Lease No , Level First , Security Deposit No , Monthly Rent 0 , # Full Baths 2 , # of Half Baths 0 , Dedicated Electric Meter No , Dedicated Gas Meter No , Dedicated Water Heater No , Electric Yes , Heat Yes , Range Yes , Refrigerator Yes , Sewer Yes , Water Yes

• Unit 2

  Lease No , Level Second , Security Deposit Yes , Monthly Rent 900 , # Full Baths 1 , # Half Baths 0 , Dedicated Electric Meter No , Dedicated Gas Meter No , Dedicated Water Heater No , Electric Yes , Heat Yes , Range Yes , Refrigerator Yes , Sewer Yes , Water Yes

• Unit 3

  Lease No , Level Second , Security Deposit Yes , Monthly Rent 986 , # Full Baths 1 , # Half Baths 0 , Dedicated Electric Meter No , Dedicated Gas Meter No , Dedicated Water Heater No , Electric Yes , Heat Yes , Range Yes , Refrigerator Yes , Sewer Yes , Water Yes

• Unit 4

  Lease No , Level First , Security Deposit Yes , Monthly Rent 950 , # Full Baths 1 , # Half Baths 0 , Dedicated Electric Meter No , Dedicated Gas Meter No , Dedicated Water Heater No , Electric Yes , Heat Yes , Range Yes , Refrigerator Yes , Sewer Yes , Water Yes

• Unit 5

  Lease No , Level First , Security Deposit Yes , Monthly Rent 950 , # Full Baths 1 , # Half Baths 0 , Dedicated Electric Meter No , Dedicated Gas Meter No , Dedicated Water Heater No , Electric Yes , Heat Yes , Range Yes , Refrigerator Yes , Sewer Yes , Water Yes

• Style

  Multi-Level

• Construction

  Wood Frame

• Basement

  Brick/Mortar , Full

• Basement Entry

  Not Applicable

• Foundation Materials

  Poured Concrete

• Exterior

  Vinyl Siding

• Roof

  Shingle

• Heat System

  Baseboard , Hot Water

• Heat Fuel

  Electric , Oil

• Water Heater

  Electric , Tank

• Cooling

  None

• Floors

  Carpet , Tile , Vinyl , Wood

• Amenities

  Deck , Porch , Porch-Screened

• Driveway

  Paved

• Parking

  5 - 10 Spaces

• Vehicle Storage

  1 Car , Off Street Parking

• Electric

  Circuit Breakers

• Utilities

  Utilities On Yes

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public