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Image 1 - 40 E Grand Ave, Old Orchard Beach, Maine, 04064 - House for sale
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E Grand Ave, Old Orchard Beach, Home For Sale
40 E Grand Ave, Old Orchard Beach, Maine, 04064

E Grand Ave, Old Orchard Beach, Home For Sale

house for sale
Listed: 08/05/24

40 E Grand Ave, Old Orchard Beach, Maine, 04064

Studio Bed:
4 Bath:
2,427 Sq Ft Living Area:
Save
Price
$ 1,25M

About This House

Group showings tuesday 8/6 12- 2pm. All offers due by Wednesday 8/7 at Noon. Discover the potential of this remarkable property, featuring five rental units with significant upside for the new owner. The front building includes two spacious 2-bedroom units, each with stunning ocean views, full kitchens, and a front porch that overlooks the lively OOB scene as well as a charming sandwich shop. The rear building offers two recently updated 1-bedroom units, each with a modern kitchen. All units have designated off-street parking spots year-round, plus an extra spot available in the winter months. Located directly across from the sandy beach, with a crosswalk in front and direct beach access via Aldine Terrace, this property is perfectly situated. Enjoy …  Full description

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Old Orchard Beach Housing & Living

Household Income

Median household income: $50,663
Number of households: 4,686
The average household income in Old Orchard Beach, ME grew from $43,523 to $50,663 in the past year. This data is an estimate based upon 4,686 households in Old Orchard Beach, ME.
The chart below presents how household income is distributed in Old Orchard Beach, ME in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Old Orchard Beach, ME compared to median property taxes around the country. The prevalent amount of property taxes in Old Orchard Beach, ME equals $3k+ , which is more than the national average.