3-5 Central Ave
$799,900
Price
6
Beds
6
Baths
3,467 Sq. Ft.
$231 / Sq. Ft.
3,467
Sq. Ft.
$231
per Sq. Ft.
Pending
Pending
Description
Well-maintained 5-unit building in a desirable Old Orchard Beach location, just a half mile to the sand and a little over a mile to the Pier. Property features four 1-bedroom units and one 2-bedroom unit, with long-term tenants in place offering consistent year-round rental income. Set on a quiet street just outside the hustle and bustle, yet within easy reach of shops, restaurants, public transit, and the beach. A great opportunity for investors or potential owner-occupants looking to enjoy coastal...Well-maintained 5-unit building in a desirable Old Orchard Beach location, just a half mile to the sand and a little over a mile to the Pier. Property features four 1-bedroom units and one 2-bedroom unit, with long-term tenants in place offering consistent year-round rental income. Set on a quiet street just outside the hustle and bustle, yet within easy reach of shops, restaurants, public transit, and the beach. A great opportunity for investors or potential owner-occupants looking to enjoy coastal living with income to support it.
- Listed by Alexcia Smith • Maine Real Estate Co
Property Details for 3-5 Central Avenue
Waterfront
No
ArchitecturalStyleNew Englander
GarageNo
ZoningRes-2
LISTING UPDATED: 11/14/2025 08:12 AM
Property Details for 3-5 Central Avenue
| Status | Pending |
|---|---|
| MLS # | 1639579 |
| Days on Market | 2 |
| Taxes | $5,901 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1900 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | York County |
Location
Listing Courtesy of Maine Real Estate Co
Add your commute
Building Information for 3-5 Central Avenue
Stories-Residences5Year Built1900Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$4,444 per month
30 year fixed, 6.28% Interest
Principal and Interest
$3,953
Property Taxes
$492
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 3-5 Central Avenue
Summary
Location and General Information
- Zip Code: 2401
- Directions: Saco Ave Old Orchard, to Union Ave, Central Ave, property is on corner of Ocean Ave and Central Ave
- Town: Old Orchard Beach
- State/Province: ME
- Zip Code: 04064
- County: York
- Geo Latitude: 43.510906
- Geo Longitude: -70.38701
- Tax Lot: 5
- Site:Corner Lot: Yes
- Site:Level: Yes
- Location:Intown: Yes
- Location:Near Golf Course: Yes
- Location:Near Public Beach: Yes
- Location:Near Railroad: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Location:Neighborhood: Yes
- Recreational Water:Nearby: Yes
- Recreational Water:Public: Yes
Parking
- Parking Features: 5 - 10 Spaces, Paved, On Street
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 17049
- Tax Block: 15
- Tax Map Number: 314
- Tax Year: 2024
- Parcel Number: OOBH-000314-000015-000005
- Location Information:Association Y/N: No
- Tax Annual Amount: $5,901.00
Property
Heating and Cooling
- Water Heater:Electric: No
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 3467.0
- Lot Size Acres: 0.14
- Source of Acreage: Public Records
- Building Area Total: 3467.0
- Lot Size Area: 0.14
- Lot Size Units: Acres
- Lot Size Square Feet: 6098.4
- Bathrooms Full: 6
- Bathrooms Half: 0
- Street Number: 35
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1900
Utilities
- Electric: True
- Sewer: Yes
- Water Source: Public
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
- Patio and Porch Features:Deck: Yes
Interior Features
- Basement: Interior, Full
- Flooring: Laminate, Carpet
- Cooling: None
- Heating: Heat Pump, Direct Vent Heater, Baseboard
- Foundation Details: Concrete Perimeter
- Bathrooms Total (Integer): 6
- Bathrooms Total (Decimal): 6.00
- Bathrooms Total (Notational): 6.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $41,700.00
- Operating Expenses: $9,316.00
Multi-Family Information
- Number of Units: 5
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $800.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 4.00
- Unit 1:# of Bedrooms: 1.00
- 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: Yes
- 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: First
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $875.00
- Unit 2:# Full Baths: 2.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: Yes
- Unit 3:Level: First
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $900.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 2.00
- Unit 3:# of Bedrooms: 1.00
- 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: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: Yes
- Unit 4:Level: Second
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $850.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 3.00
- Unit 4:# of Bedrooms: 1.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: Yes
- Unit 4:Dedicated Water Heater: Yes
- Unit 4:Electric: No
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit 5
- Unit 5:Lease: Yes
- Unit 5:Level: Second
- Unit 5:Security Deposit: Yes
- Unit 5:Monthly Rent: $850.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 3.00
- Unit 5:# of Bedrooms: 1.00
- Unit 5:Dedicated Electric Meter: Yes
- Unit 5:Dedicated Gas Meter: Yes
- Unit 5:Dedicated Water Heater: Yes
- Unit 5:Electric: No
- Unit 5:Heat: Yes
- Unit 5:Range: Yes
- Unit 5:Refrigerator: Yes
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit 20
- Unit 20:Heat: Yes
- Unit 20:Range: Yes
- Unit 20:Sewer: Yes
- Unit 20:Water: Yes
Unit Information
- Units:# of 1 BD Units: 4
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 3-5 Central Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 8, 2025 | Pending Maine Listings #1639579 | — | |
| Oct 4, 2025 | Active Under Contract Maine Listings #1639579 | — | |
| Oct 2, 2025 | Listed (Active) Maine Listings #1639579 | $799,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/08/2025 | Pending Maine Listings #1639579 | — |
| 10/04/2025 | Active Under Contract Maine Listings #1639579 | — |
| 10/02/2025 | Listed (Active) Maine Listings #1639579 | $799,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3-5 Central 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 Maine Real Estate Co
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.
