105 Union Avenue

105 Union Avenue

Old Orchard Beach, ME 04064

$1,300,000
Price
10
Beds
4
Baths
4,016 Sq. Ft.
$324 / Sq. Ft.
4,016
Sq. Ft.
$324
per Sq. Ft.
105UnionStreet
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Unit 3 & 4
Unit 3 & 4
105 Union Drone-11
105 Union Drone-7
105 Union Drone-9
Unit 3 1st Fl Kitchen
Unit 4 Dining
Unit 3 1st Fl Bed1
Unit 3 1st Fl Bed2
Unit 3 1st Fl Bed3
Unit 3 1st Fl Bath
Unit 3 1st Fl Living Rm
Unit 4 2nd Fl Kitchen
Unit 4 2nd Fl Dining
Unit 4 2nd Fl Bed 2
Unit 4 2nd Fl Bed 1
Unit 4 2nd Fl Bed 3
Unit 4 Living Rm

Description

HUGE Turn Key Investment Rental Opportunity in Old Orchard Beach! This 4 unit is a money maker! Maximize your rental income by renting weekly during the summer months and to local students, nurses or families during the off-season. Great cash flow history and the potential to make even more! Beautiful shingled home with tons of charm and a wrap-around porch hosts the first two units. An additional building was built in 2018 where the other two units reside. The back two units have an identical layout...HUGE Turn Key Investment Rental Opportunity in Old Orchard Beach! This 4 unit is a money maker! Maximize your rental income by renting weekly during the summer months and to local students, nurses or families during the off-season. Great cash flow history and the potential to make even more! Beautiful shingled home with tons of charm and a wrap-around porch hosts the first two units. An additional building was built in 2018 where the other two units reside. The back two units have an identical layout with all modern features including heat pumps for year-round controlled temperature. The back units are currently being rented seasonally for 9 months and then weekly throughout the summer months. The front units, in the original home, are currently being rented as year round apartments. This property is located on a large lot with plenty of off-street parking and space for outdoor recreation. Centrally located to the beach and pier. This property is full of options to make incredible summer and winter rental income! Or, better yet use one unit as your summer retreat or year round residence and rent the others!
  1. Listed by Scott Reiff Denise Reiff • Keller Williams Realty • 207-712-4918

Property Details for 105 Union Avenue

Waterfront
No
ArchitecturalStyle
Colonial, New Englander, Shingle Style
Garage Spaces
.00
Garage
No
Zoning
R2

Location

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LISTING UPDATED: 03/11/2024 01:43 PM

Property Details for 105 Union Avenue

StatusActive
MLS #1580224
Days on Market112
Taxes$6,970 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.25 AC / 10,890 SF
CountyYork County

Location

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Building Information for 105 Union Avenue

Stories2Residences4Year Built1900Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$7,675 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$581

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 105 Union Avenue

Summary
Location and General Information
  • Zip Code: 2429
  • Town: Old Orchard Beach
  • State/Province: ME
  • Zip Code: 04064
  • County: York
  • Geo Latitude: 43.511515
  • Geo Longitude: -70.38797
  • Tax Lot: 3
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Railroad: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Transportation:Rail Available: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Other, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 17427
  • Tax Block: 14
  • Tax Map Number: 314
  • Tax Year: 2024
  • Parcel Number: OOBH-000314-000014-000003
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,969.96
  • Restrictions:No Restrictions: Yes
School Information
  • School District: RSU 23
Property
Green Features
  • Energy Efficiency:Dehumidifier: Yes
  • Energy Efficiency:Storm Windows: Yes
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4016.0
  • Lot Size Acres: 0.25
  • Source of Acreage: Public Records
  • Building Area Total: 4016.0
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 105
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Tan
  • Property Information:Source of Road Frontage: Public Records
  • Property Information:Road Front Other Source: Measured from Property Card
  • Property Information:Other Source of Square Footage: Public Record
Parking
  • Driveway:Other: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Documents Available: Property Disclosure Public Access, Deed Public Access
  • Leased Land: No
  • Property Type: C
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: True
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Shingle Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Full, Interior Entry, Unfinished
  • Flooring: Wood, Laminate
  • Interior Features: 1st Floor Bedroom, One-Floor Living
  • Cooling: None, Heat Pump
  • Heating: Heat Pump, Forced Air
  • Foundation Details: Stone, Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Main Level
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $126,992.00
  • Operating Expenses: $28,950.00
Multi-Family Information
  • Number of Units: 4
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 3
  • Building Info:# Water Heaters: 3
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,766.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • 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: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $900.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • 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: $2,500.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 5.00
  • Unit 3:# of Bedrooms: 3.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • Unit 3:Heat: No
  • 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: $2,500.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 5.00
  • Unit 4:# of Bedrooms: 3.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: No
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 2
  • Units:# of 4+ BD Units: 0

Property History for 105 Union Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 105 Union Avenue

Taxable ValueLand$88,000Additions$451,700Total$539,700
Tax Record2022$6,606 ($550 / month)
Home Facts
Baths4Total Finished SqFt4,016 SqFtAbove Grade Finished SqFt4,016 SqFtUnfinished Basement SqFt1,016 SqFtStories3Lot Size11,204 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1981ZoningR-2CountyYORKAPNOOBH M:314 B:14 L:3

Schools near 105 Union Avenue

This home is within Regional School Unit 23.
Rating
School
Type
Grades
Distance
Jameson Elementary School
Public - PK to 2
Loranger Middle School
Public - 3 to 8
Old Orchard Beach High School
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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More information about 105 Union Avenue, Old Orchard Beach, ME 04064

105 Union Avenue is a multi-family home for sale in Old Orchard Beach, ME 04064. This property was listed for sale on January 10, 2024 by Keller Williams Realty, it's currently listed at $1,300,000. This listing's school district is Regional School Unit 23. Nearby schools include Jameson Elementary School, Loranger Middle School and Old Orchard Beach High School. 105 Union Avenue is a 10-bed, 4-bath, 4,016 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.