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
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 total units: Two residential apartments + one commercial space.
Flexible income property--live in one unit, rent the others, or maintain as an investment.
Prime location along Saco Avenue--minutes to the beach, pier, dining, shops, and Route 1 access
Ample parking for tenants, guests, and patrons
Strong rental history and long-term tenant in the commercial space.
Supplements: ********
More Information 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
Geo Lat: 43.513984
Geo Lon: -70.387587
Contract Information
Status: Active
Original List Price: 750000
List Price: $725,000
Current Price: $725,000
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: 1
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
Water Info
Water Frontage: No
Water View: No
Building Info
# Stories: 2
# Floors: 2
Units
# of 1 BD Units: 1
# of 2 BD Units: 1
# of 3 BD Units: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2250
# Full Baths: 1
# 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: 1
# 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: 1
# 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
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
Listing Office: Keller Williams Realty
Last Updated: March - 25 - 2026
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
