Old Orchard Beach, ME 04064,27-33 Odessa AVE
Old Orchard Beach, ME 04064,27-33 Odessa AVE
Old Orchard Beach, ME 04064,27-33 Odessa AVE
Listed by Vitalius Real Estate Group, LLC
Bought with Non MREIS Agency
$2,175,000
$2,250,000
3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

10 Baths
6,504 SqFt
SOLD DATE : 09/16/2024

Key Details

Sold Price $2,175,000

Property Type Multi-Family

Listing Status Sold

Square Footage 6,504 sqft

MLS Listing ID 1595571

Sold Date 09/16/24

Style Duplex,Ranch

Full Baths 9

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 6,504

Originating Board Maine Listings

Year Built 1960

Annual Tax Amount $16,100

Tax Year 2023

Lot Size 1.060 Acres

Acres 1.06

Property Description

*Only 28 Reggio is Pending. 27-33 Odessa is still available* This active beachfront community investment has four (4) two-unit multi-family rentals on an oversized half acre (0.58) lot and a seasonal motel sits a stone's throw from the beach on .48 acres of mostly undeveloped land - one of the last remaining plots of this kind. Each of the Odessa units has 2 beds / 1 bath and parking. The .58 acre parcel on Reggio creates even more potential for expansion. There are several obvious value-add opportunities here: increased long term rentals, seasonal short term rentals, or even a conversion into 8 individual condos. The zoning density appears to allow for up to 4 units on the Reggio Lot with conditional approval. This unique package is available for the first time in 50 years, in the center of Maine's most popular beach destination. This is an opportunity not to be missed!

Location

State ME

County York

Zoning R-3

Rooms

Basement Full, Exterior Only, Unfinished

Interior

Heating Hot Water, Baseboard

Cooling None

Flooring Wood, Vinyl, Tile

Exterior

Garage 5 - 10 Spaces, Other, Off Street

Waterfront No

View Y/N No

Roof Type Shingle

Street Surface Paved

Parking Type 5 - 10 Spaces, Other, Off Street

Garage No

Building

Lot Description Level, Open Lot, Near Turnpike/Interstate, Near Town

Sewer Public Sewer

Water Private

Architectural Style Duplex, Ranch

Structure Type Shingle Siding,Wood Frame

Others

Energy Description Oil

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Maine MLS (MREIS) IDX

GET MORE INFORMATION

Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.