113-115 Saco AVE new Save Request In-Person Tour Request Virtual Tour
Old Orchard Beach,ME 04064
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 2,702 sqft
Price per Sqft $277
MLS Listing ID 1642252
Style Other
Full Baths 2
Half Baths 1
Year Built 1920
Annual Tax Amount $5,307
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Discover an exceptional investment and lifestyle opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach.
Main Building (Two Units)
Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout—perfect for year-round living or seasonal rental income.
Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential.
Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant—an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel.
Highlights:
Three total units: Two residential apartments + one commercial space.
Flexible income property—live in one unit, rent the others, or maintain as an investment.
Prime location along Saco Avenue—minutes to the beach, pier, dining, shops, and Route 1 access
Ample parking for tenants, guests, and patrons
Strong rental history and long-term tenant in the commercial space.
Location
State ME
County York
Zoning GB-2
Interior
Heating Heat Pump,Baseboard
Cooling Window Unit(s),Heat Pump
Flooring Wood,Laminate
Laundry Laundry - 1st Floor,Upper Level,Main Level
Exterior
Parking Features 5 - 10 Spaces,Paved
View Y/N No
Roof Type Flat,Metal
Building
Lot Description Corner Lot,Near Golf Course,Near Public Beach,Near Turnpike/Interstate,Near Town,Neighborhood
Story 2
Sewer Public Sewer
Water Public
Structure Type Shingle Siding,Aluminum Siding,Wood Frame