65 Smithwheel Road

Old Orchard Beach, ME 04064

MLS ID# 1479647 Active

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$389,000

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

Description

This is a great opportunity to own a good 2-unit duplex in Old Orchard Beach. Consists of two separate buildings on a large lot of 1.2 acres. This lot has great potential to add more units because the R4 zone only requires 5,000 sq. feet of land per living unit on public water and sewer. Live in one unit and rent the other to cover the mortgage. Great location near the turnpike, schools, and a long stretch of sandy beach, one of the best in southern Maine. The trolley stop is right across the street. This is a great opportunity to own a good 2-unit duplex in Old Orchard Beach. Consists of two separate buildings on a large lot of 1.2 acres. This lot has great potential to add more units because the R4 zone only requires 5,000 sq. feet of land per... show more

Location Information

• Street # 65
• Street Name Smithwheel
• Street Type Road
• County York
• Town Old Orchard Beach
• State/Province ME
• Zip Code 04064
• Zip +4 1013
• Leased Land No
• Book 17415
• Page 197
• Map 107
• Lot 2/26
• Zoning R4
• Zoning Overlay Unknown
• Tax ID OOBH-000107-000002-000026
• Association No
• Full Tax Amount 4301
• Tax Year 2019

Contract Information

• Status Active
• Comp Listing No
• List Price/SqFt 204.95

Property Information

• Surveyed Yes
• Seasonal No
• Number of Units 2
• Year Built 1968
• SqFt Finished Above Grade 1898
• SqFt Finished Below Grade 0
• SqFt Finished Total 1898
• Garage No
• Lot Size Acres +/- 1.2
• Source of Acreage Public Records
• Road Frontage Yes
• Road Frontage +/- 75
• Source of Road Frontage Deed

Remarks

• Directions From Ocean Park Road, turn left onto Smithwheel Road. About one mile, property is on the left, # 65.

Details

• Site

  Level , Open

• Roads

  Paved , Public

• Water Info

  Water Frontage No , Water View No

• Income & Expenses

  Gross Income 30000 , Operating Expenses 5000

• Units

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

• Unit 1

  Lease Yes , Level First , Security Deposit No , Monthly Rent 1350 , # Full Baths 1 , # of Half Baths 0 , Dedicated Electric Meter Yes , Dedicated Gas Meter No , Dedicated Water Heater Yes , Electric No , Heat Yes , Range No , Refrigerator No , Sewer No , Water Yes

• Unit 2

  Lease Yes , Level First , Security Deposit Yes , Monthly Rent 1150 , # Full Baths 1 , # Half Baths 0 , Dedicated Electric Meter No , Dedicated Gas Meter No , Dedicated Water Heater No , Electric No , Heat Yes , Range No , Refrigerator No , Sewer No , Water Yes

• Style

  Cape , Ranch

• Construction

  Wood Frame

• Basement

  Partial , Slab

• Basement Entry

  Interior

• Exterior

  Vinyl Siding

• Roof

  Pitched , Shingle

• Heat System

  Baseboard , Forced , Hot Air

• Heat Fuel

  K-1/Kerosene , Oil

• Water Heater

  Electric

• Cooling

  None

• Floors

  Carpet , Tile , Vinyl

• Driveway

  Common , Paved

• Vehicle Storage

  No Vehicle Storage , Off Street Parking

• Electric

  Circuit Breakers , Three Phase

• Utilities

  Utilities On Yes

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public