36 Smithwheel Road

Old Orchard Beach, ME 04064

$579,000
Price
5
Beds
3
Baths
1,928 Sq. Ft.
$300 / Sq. Ft.
1,928
Sq. Ft.
$300
per Sq. Ft.

Description

Three unit investment opportunity in Old Orchard, minutes from the pier. Great location with quick access to 95 and Route 1. Low owner expenses, each unit is heated and cooled with heat pumps. Great rental history, this would make a fantastic investment or owner occupied property. Dedicated storage shed for each unit in the rear and plenty of off-street parking. Two of the units are month to month allowing the new owner to adjust to market rents or owner occupy.Three unit investment opportunity in Old Orchard, minutes from the pier. Great location with quick access to 95 and Route 1. Low owner expenses, each unit is heated and cooled with heat pumps. Great rental history, this would make a fantastic investment or owner occupied property. Dedicated storage shed for each unit in the rear and plenty of off-street parking. Two of the units are month to month allowing the new owner to adjust to market rents or owner occupy.
  1. Listed by Cari Turnbull • Maine Real Estate Experts

Property Details for 36 Smithwheel Road

Waterfront
No
ArchitecturalStyle
Other Style
Garage Spaces
.00
Garage
No
Zoning
R-4

Location

Listing Courtesy of Maine Real Estate Experts
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LISTING UPDATED: 05/01/2024 02:40 PM

Property Details for 36 Smithwheel Road

StatusActive
MLS #1586051
Days on Market22
Taxes$5,103 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1984
Lot Size0.41 AC / 17,859 SF
CountyYork County

Location

Listing Courtesy of Maine Real Estate Experts
Add your commute

Building Information for 36 Smithwheel Road

Stories-Residences3Year Built1984Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$3,585 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,160

Property Taxes

$425

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 36 Smithwheel Road

Summary
Location and General Information
  • Zip Code: 1014
  • Directions: GPS Friendly
  • Town: Old Orchard Beach
  • State/Province: ME
  • Zip Code: 04064
  • County: York
  • Geo Latitude: 43.513655
  • Geo Longitude: -70.412828
  • Tax Lot: 1
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: Paved, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 17845
  • Tax Block: 2
  • Tax Map Number: 210
  • Tax Year: 2024
  • Parcel Number: OOBH-000210-000002-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,103.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1928.0
  • Lot Size Acres: 0.41
  • Source of Acreage: Public Records
  • Building Area Total: 1928.0
  • Lot Size Area: 0.41
  • Lot Size Units: Acres
  • Lot Size Square Feet: 17859.6
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 36
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: Yes
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Documents Available: Other Member Only
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1984
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Metal
  • Other Structures: Shed(s)
Interior Features
  • Basement: Not Applicable
  • Flooring: Tile, Laminate
  • Interior Features: Storage
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Foundation Details: Slab
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $47,100.00
  • Operating Expenses: $9,640.00
Multi-Family Information
  • Number of Units: 3
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,400.00
  • 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: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • 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: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,350.00
  • 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: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,175.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • 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 Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 36 Smithwheel Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 36 Smithwheel Road

Taxable ValueLand$110,600Additions$296,400Total$407,000
Tax Record2022$4,982 ($415 / month)
Home Facts
Baths1Total Finished SqFt884 SqFtAbove Grade Finished SqFt884 SqFtStories1Lot Size17,612 SqFtStyleMulti-Family Dwelling (2-4)Year Built1984Year Renovated2008ZoningR-4CountyYORKAPNOOBH M:210 B:2 L:1

Schools near 36 Smithwheel Road

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
Private - 3 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

The School At Sweetser
Private3 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.

Similar Homes

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36 Smithwheel Road is a multi-family home for sale in Old Orchard Beach, ME 04064. This property was listed for sale on April 10, 2024 by Maine Real Estate Experts, it's currently listed at $579,000. It has been on the market for a total of 22 days and was last sold on November 14, 2018. 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. 36 Smithwheel Road is a 5-bed, 3-bath, 1,928 sqft multi-family home built in 1984.

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 Maine Real Estate Experts

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.