113-115 Saco Avenue, Old Orchard Beach, ME 04064 ⋆

113-115 Saco Avenue, Old Orchard Beach, ME 04064

$725,000

Property Type: Multi-Family Baths: 3 Square Footage: 2,702 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $725,000 List Date: 10/29/2025 Last Modified: 3/25/2026

Overview

Description

MOTIVATED SELLER! Discover an exceptional investment 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 tota ... (Read more)

Listing Details MLS# 1642252

Location Information

Street #: 113-115
Street Name: Saco
Street Type: Avenue
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Zip +4: 1840
Leased Land: No
Book: 18885
Page: 0388
Map: 311
Block: 2
Lot: 10
Zoning: GB-2
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 5307
Tax Year: 2024
Tree Growth Y/N: No

Contract Information

Original List Price: 750000

Property Information

Surveyed: Unknown
Seasonal: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Number of Units: 3
Total Baths: 3
Total Full Baths: 2
Total Half Baths: Yes
Year Built: 1920
SqFt Finished Above Grade: 2702
SqFt Finished Total: 2702
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.15
Source of Acreage: Public Records
SqFt Finished Below Grade: 0
Garage Spaces: 0

Water Info

Water Frontage: No
Water View: No

Building Info

# Stories: 2
# Floors: 2

Units

# of 1 BD Units: Yes
# of 2 BD Units: Yes
# of 3 BD Units: Yes

More Information

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2250
# Full Baths: Yes
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1900
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No

Unit 3

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2300
# Half Baths: Yes
# of Rooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No

Levels

Multi-Level: Yes

Site

Corner Lot: Yes

Location

Near Golf Course: Yes
Near Public Beach: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes
Neighborhood: Yes

Roads

Public: Yes

Recreational Water

Nearby: Yes
Public: Yes

Style

Other: Yes

Construction

Wood Frame: Yes

Basement

Brick/Mortar: Yes
Unfinished: Yes

Exterior

Aluminum Siding: Yes
Shingle Siding: Yes

Roof

Flat: Yes
Metal: Yes
Shingle: Yes

Heat System

Baseboard: Yes
Heat Pump: Yes

Heat Fuel

Electric: Yes
Propane: Yes

Income & Expenses

Gross Income: 77400
Operating Expenses: 18675

Cooling

Heat Pump: Yes
Window Unit(s): Yes

Floors

Laminate: Yes
Wood: Yes

Parking

5 - 10 Spaces: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Exterior Only: Yes

Water Heater

Electric: Yes

Amenities

1st Floor Bedroom: Yes
Attic: Yes
Bathtub: Yes
Laundry - 1st Floor: Yes
Laundry - 2nd Floor: Yes
One-Floor Living: Yes
Shower: Yes

Patio and Porch Features

Deck: Yes
Glassed-in Porch: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Corner Lot Location: Near Golf Course; Near Public Beach; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Public Recreational Water: Nearby; Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Brick/Mortar; Unfinished Basement Entry: Exterior Only Exterior: Aluminum Siding; Shingle Siding Roof: Flat; Metal; Shingle Heat System: Baseboard; Heat Pump Heat Fuel: Propane Water Heater: Electric Cooling: Heat Pump; Window Unit(s) Floors: Laminate; Wood Amenities: 1st Floor Bedroom; Attic; Bathtub; Laundry - 1st Floor; Laundry - 2nd Floor; One-Floor Living; Shower Patio and Porch Features: Deck; Glassed-in Porch Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

Lead Paint Addendum Public Access ›

Other Public Access 1 ›

Deed Public Access ›

Listing Office: Keller Williams Realty

IDX

Last Updated: March - 25 - 2026

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113-115 Saco Avenue, Old Orchard Beach, ME 04064 (MLS# 1642252)