113-115 Saco Ave
$750,000
Price
5
Beds
3
Baths
2,702 Sq. Ft.
$278 / Sq. Ft.
2,702
Sq. Ft.
$278
per Sq. Ft.
Active Under Contract
Active Under Contract
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...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.
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...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.
- Listed by Gabriel Capoferri • Keller Williams Realty
- Listed by Daniel Weber Nicholas Laverriere • Keller Williams Realty
Property Details for 113-115 Saco Avenue
Waterfront
No
ArchitecturalStyleOther
Garage Spaces.00
GarageNo
ZoningGB-2
LISTING UPDATED: 12/15/2025 11:24 AM
Property Details for 113-115 Saco Avenue
| Status | Active Under Contract |
|---|---|
| MLS # | 1642252 |
| Days on Market | 47 |
| Taxes | $5,307 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1920 |
| Lot Size | 0.15 AC / 6,534 SF |
| County | York County |
Location
Listing Courtesy of Keller Williams Realty
Add your commute
Building Information for 113-115 Saco Avenue
Stories2Residences3Year Built1920Building Size-Lot Size0.15 AC / 6,534 SF
Payment Calculator
$4,148 per month
30 year fixed, 6.28% Interest
Principal and Interest
$3,706
Property Taxes
$442
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 113-115 Saco Avenue
Summary
Location and General Information
- Zip Code: 1840
- Town: Old Orchard Beach
- State/Province: ME
- Zip Code: 04064
- County: York
- Geo Latitude: 43.513984
- Geo Longitude: -70.387587
- Tax Lot: 10
- Site:Corner Lot: Yes
- Location:Near Golf Course: Yes
- Location:Near Public Beach: Yes
- Location:Near Town: Yes
- Location:Near Turnpike/Interstate: Yes
- Location:Neighborhood: Yes
- Recreational Water:Nearby: Yes
- Recreational Water:Public: Yes
Parking
- Parking Features: 5 - 10 Spaces, Paved
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 18885
- Tax Block: 2
- Tax Map Number: 311
- Tax Year: 2024
- Parcel Number: OOBH-000311-000002-000010
- Location Information:Association Y/N: No
- Tax Annual Amount: $5,307.00
Property
Heating and Cooling
- Water Heater:Electric: No
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2702.0
- Lot Size Acres: 0.15
- Source of Acreage: Public Records
- Building Area Total: 2702.0
- Lot Size Area: 0.15
- Lot Size Units: Acres
- Lot Size Square Feet: 6534.0
- Bathrooms Full: 2
- Bathrooms Half: 1
- Street Number: 113115
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Total Half Baths: 1.00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1920
Utilities
- Electric: True
- Sewer: Public Sewer
- Water Source: Public
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Shingle Siding, Aluminum Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Flat, Metal
- Patio and Porch Features:Deck: Yes
- Patio and Porch Features:Glassed-in Porch: Yes
Interior Features
- Basement: Brick/Mortar, Exterior Only, Unfinished
- Flooring: Wood, Laminate
- Interior Features: 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower
- Cooling: Window Unit(s), Heat Pump
- Heating: Heat Pump, Baseboard
- Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
- # Stories: 2
- # Floors: 2
- Bathrooms Total (Integer): 3
- Bathrooms Total (Decimal): 2.50
- Bathrooms Total (Notational): 2.10
- Cooling YN: Yes
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $77,400.00
- Operating Expenses: $18,675.00
Multi-Family Information
- Number of Units: 3
- Building Info:# Stories: 2
- Building Info:# Floors: 2
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $2,250.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 6.00
- Unit 1:# of Bedrooms: 3.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: Yes
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,900.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: No
- Unit 2:Refrigerator: No
- Unit 2:Sewer: No
- Unit 2:Water: No
Unit 3
- Unit 3:Lease: Yes
- Unit 3:Level: First
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $2,300.00
- Unit 3:# Full Baths: .00
- Unit 3:# Half Baths: 1.00
- Unit 3:# of Rooms: 2.00
- Unit 3:# of Bedrooms: .00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: Yes
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: No
- Unit 3:Heat: No
- Unit 3:Range: Yes
- Unit 3:Refrigerator: No
- Unit 3:Sewer: No
- Unit 3:Water: No
Unit 4
- Unit 4:Electric: No
Unit Information
- Units:# of 1 BD Units: 1
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 1
- Units:# of 4+ BD Units: 0
Property History for 113-115 Saco Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 1, 2025 | Active Under Contract Maine Listings #1642252 | — | |
| Dec 1, 2025 | Active Under Contract Maine Listings #1642237 | — | |
| Oct 27, 2025 | Listed (Active) Maine Listings #1642252 | $750,000 | — |
| Oct 27, 2025 | Listed (Active) Maine Listings #1642237 | $750,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/01/2025 | Active Under Contract Maine Listings #1642252 | — |
| 12/01/2025 | Active Under Contract Maine Listings #1642237 | — |
| 10/27/2025 | Listed (Active) Maine Listings #1642252 | $750,000 |
| 10/27/2025 | Listed (Active) Maine Listings #1642237 | $750,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 113-115 Saco Avenue
Taxable ValueLand$117,600Additions$323,500Total$441,100
Tax Record2023$5,029 ($419 / month)
Home Facts
Baths2Total Finished SqFt1,628 SqFtAbove Grade Finished SqFt1,628 SqFtStories2Lot Size6,400 SqFtStyleMiscellaneous CommercialYear Built1920Year Renovated2004ZoningGB-2CountyYORKAPNOOBH M:311 B:2 L:10
Schools near 113-115 Saco Avenue
This home is within Regional School Unit 23.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Jameson Elementary School PublicPK to 2 | ||
Loranger Middle School Public3 to 8 | ||
Old Orchard Beach High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Realty
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
