40-42 East Grand Ave, Old Orchard Beach, ME 04064

FOR SALE
  • $850,000
  • 266 Days on site
  • Beds: n/a
  • Baths: 8 Full
  • 4,579 sq ft
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Listing Provided By: Keller Williams - Portsmouth
(603) 610-8500
Listing Agent: Alice Kubacki

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Description

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 possible condo conversion, you decide. For more options see MLS's 1338728 and 1338571 Click here to learn more about this listing.

  • MLS ID# 1316176
  • Year Built: 1910
  • 266 Days on site
  • Beds: n/a
  • Baths: 8 Full

Listing Details

Den
No
Tax Amount
$11,032

Local Info

Population
9,689
Median Household Income
$47,014
Median Years In Residence
8
Median Homeowner Age
42
Households with Children
39.72%
Percent of Homes Rented
32.36%

Nearby Elementary Schools

148 Saco Ave
28 Jameson Hill Rd
174 Pine Point Rd

Nearby Primary Schools

64 West St

Nearby Middle Schools

148 Saco Ave
50 Moody St
438 Main St

Nearby High Schools

40 E Emerson Cummings Blvd
50 Moody St
438 Main St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.