Great investment opportunity to own property and have one of the units help pay your mortgage. Well maintained 2 unit located just a short distance form the sandy beaches of Old Orchard. The 1st floor is a 1 bedroom unit and 2nd floor is a 2 bedroom. Most of the furnishings are staying with the property. The current owner lives on the lower level and rents out the 2nd floor unit monthly in the Fall and goes to early Spring. Then they have daily and weekly rentals for the Summer season.
Closed
$555,000
20 Ivy Avenue, Old Orchard Beach, ME 04064
3beds
1,710sqft
Multi Family
Built in 2005
-- sqft lot
$577,500 Zestimate®
$325/sqft
$2,905 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 18, 2025 at 07:13pm
Listed by:
Coldwell Banker Realty 207-282-5988
Bought with:
Landing Real Estate
Source: Maine Listings,MLS#: 1599389

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Multi-Zones, Hot Water, Baseboard
Cooling
- None
Features
- 1st Floor Bedroom, One-Floor Living, Shower
- Flooring: Vinyl, Carpet
- Has basement: No
Interior area
- Total structure area: 1,710
- Total interior livable area: 1,710 sqft
- Finished area above ground: 1,710
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Paved, Common, Off Street
Features
- Patio & porch: Deck
Lot
- Size: 2,613 sqft
- Features: Corner Lot, Level, Open Lot, City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
Details
- Parcel number: OOBHM206B12L5
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Raised Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2005
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Old Orchard Beach
Other
Other facts
- Road surface type: Paved
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.