27-33 Odessa Avenue, Old Orchard Beach, ME 04064 (MLS# 1595571)
27-33 Odessa Avenue, Old Orchard Beach, ME 04064
$2,175,000
Property Type:
Multi-Family
Baths:
10
Square Footage:
6,504
Lot Size (sq. ft.):
46,174
Status:
Closed
Current Price:
$2,175,000
List Date:
7/08/2024
Last Modified:
1/19/2025
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!
Supplements: ********
More Information MLS# 1595571
Location Information
Street #: 27-33
Street Name: Odessa
Street Type: Avenue
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Leased Land: No
Book: 14459/9455
Page: 0931/0003
Map: 315
Block: 5
Lot: 2-4
Zoning: R-3
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 16100
Tax Year: 2023
Geo Lat: 43.506658
Geo Lon: -70.38337
Contract Information
Status: Closed
Original List Price: 2250000
Sold Price: $2,175,000
Current Price: $2,175,000
Property Information
Surveyed: No
Seasonal: Yes
Number of Units: 9
Total Baths: 10
Total Full Baths: 9
Total Half Baths: 1
Year Built: 1960
SqFt Finished Above Grade: 6504
SqFt Finished Total: 6504
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 1.06
Source of Acreage: Public Records
Status Change Info
Pending Date: 2024-07-26
Closed Date: 2024-09-16
Closed Price: 2175000
Water Info
Water Frontage: No
Water View: No
Units
# of 2 BD Units: 8
# of 3 BD Units: 1
Unit 1
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1150
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4
Lease: No
Level: First
Security Deposit: No
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Unit 5
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 2000
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1500
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1150
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 1150
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9
Lease: No
Level: First
Security Deposit: No
# Full Baths: 1
# Half Baths: 1
# of Rooms: 5
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Property Features
Site: Level; Open
Location: Near Town; Near Turnpike/Interstate
Roads: Paved; Public
Recreational Water: Nearby; Public
Style: Other; Ranch
Structure Type: Duplex
Construction: Wood Frame
Basement: Full; Unfinished
Basement Entry: Exterior Only
Exterior: Shingle Siding
Roof: Shingle
Heat System: Baseboard; Hot Water
Heat Fuel: Oil
Water Heater: Off Heating System
Cooling: None
Floors: Tile; Vinyl; Wood
Driveway: Other
Parking: 5 - 10 Spaces; Off Street
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: No Gas
Sewer: Public Sewer
Water: Private
Documents
Odessa Property Disclosure ›Listing Office: Vitalius Real Estate Group, LLC
Last Updated: January - 19 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
