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
$573,000 Zestimate®
$325/sqft
$2,400 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 18, 2025 at 07:11pm
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
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- 1st Floor Bedroom, One-Floor Living, Shower
- Flooring: Carpet, Vinyl
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: Common, Paved, 1 - 4 Spaces, Off Street
Features
- Patio & porch: Deck
Lot
- Size: 2,613 sqft
- Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad, Corner Lot, Level, Open Lot
Details
- Parcel number: OOBHM206B12L5
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Raised Ranch
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2005
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Old Orchard Beach
Other
Other facts
- Road surface type: Paved