About This Home

This 0-bedroom, 3-bathroom residential multi family at 75 E Grand Avenue in Old Orchard Beach, ME is listed for $1,250,000 ($716 per sqft). Built in 1940, the home offers 1,747 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1940
  • 0.04 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
3 full
1940

Amenities

Waterfront
Listing Description

Ultimate Beachside Investment! Turnkey Multi-Unit steps from the sand, this location is the one thing you can't change in real estate and this one has it all! Situated in top-rated Old Orchard Beach, this beautifully cared-for 3-unit property offers the ultimate blend of coastal lifestyle and outstanding financial performance.

Guests will love being within walking distance of the ocean, lively local restaurants, shops, and the pier. Investors will love the exceptional return—boasting an established NOI of over $95k with flexible short-term and long-term rental options. Keep the units separate or open them up into one spacious, private sanctuary perfect for multi-family vacationers.

Fully turnkey with negotiable furnishings, this property is ready to generate income from Day 1. Showings limited to Open Houses, scheduled for Saturday(10/3) from 12pm-2:00 and Wednesday(10/7) from 4pm-6:00.

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

75 E Grand Avenue

Old Orchard Beach, ME 04064

Features & Amenities

Interior Features

1st Floor BedroomShower

Property Details

Flooring

Laminate

Construction

Wood Frame Vinyl Siding

Outdoor Features

Porch

Parking

CarportOff Street

Heating

Electric (Heating)Other (Heating)OilNatural GasBaseboard

Questions & Answers

This 0-bedroom, 3-bathroom residential multi family at 75 E Grand Avenue is listed at $1,250,000 ($716/sqft). The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.04 acre lot, 2 stories, Waterfront. Interior Features: 1st Floor Bedroom, Shower.

This property is listed by Richard Dow.

RD

Richard Dow

Agent at Keller Williams Realty

Listed by Keller Williams Realty · Broker phone: (207) 879-9800 · View on Broker Site · Broker website

MLS# 1682725· Source: Maine Listings· Added to PropertySimple today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

75 E Grand Avenue, Old Orchard Beach, ME 04064

Open this listing in: