105 Union Ave - Apartments FOR SALE


Old Orchard Beach, ME 04064
$1,190,000 USD
207-590-0507
105 Union Ave, Old Orchard Beach, ME for Sale
$1,190,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

105 Union Ave
Old Orchard Beach, ME 04064


HIGHLIGHTS

  • Multiple rental strategies to maximize income flexibility
  • Walkable beach location with broad tenant appeal
  • Strong year-round demand in the Southern Maine rental market

OVERVIEW

4 Unit apartment building within walking distance of the beach. Many opportunities available. Air B&B the summer and rent the 9 month season to UNE graduate students and visiting nurses. OR. Rent all units year round. OR Half year round and Half Air B&B. OR live in one unit and mix & match the other 3 units. Rental units are in big demand in Southern Maine. The property address is 105 Union Ave. This front building has 2/2 bedroom apartments. The attached rear building has 2-3 bedroom units and fronts on Ocean Ave.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

4

PRICE/UNIT

$297,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R-2

APN/PARCEL ID

OOBH-000314-000014-000003

ASK ABOUT THIS PROPERTY

Donald PiloneXp RealtyMore Info
207-590-0507

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Donald PiloneXp RealtyMore Info
207-590-0507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.