4 Unit apartment building within walking distance of the beach. Many opportunities available. Air B&B the summer and rent the 9 month season to UNE graduate students and visiting nurses. OR. Rent all units year round. OR Half year round and Half Air B&B. OR live in one unit and mix & match the other 3 units. Rental units are in big demand in Southern Maine. The property address is 105 Union Ave. This front building has 2/2 bedroom apartments. The attached rear building has 2-3 bedroom units and fronts on Ocean Ave.
Discover an exceptional investment and lifestyle opportunity just minutes from one of Maine's most popular beaches! 113-115 Saco Avenue features a beautifully maintained two-unit residential building plus a detached commercial space, ideally situated in the vibrant coastal community of Old Orchard Beach. Main Building (Two Units) Unit 1 (First Floor): 3-bedroom, 1-bath apartment renovated in 2017, featuring updated kitchen and bath, modern finishes, and a bright, open layout—perfect for year-round living or seasonal rental income. Unit 2 (Second Floor): Comfortable 2-bedroom, 1-bath apartment offering great natural light, functional layout, and excellent rental potential. Detached Commercial Building: A stand-alone commercial space currently home to a beloved local restaurant—an established business that brings steady foot traffic and neighborhood charm. Updates to the commercial space include new heat pumps, roof, and electrical panel. Highlights: Three total units: Two residential apartments + one commercial space. Flexible income property—live in one unit, rent the others, or maintain as an investment. Prime location along Saco Avenue—minutes to the beach, pier, dining, shops, and Route 1 access Ample parking for tenants, guests, and patrons Strong rental history and long-term tenant in the commercial space.
Beautifully updated multi-family home just six houses from the beach in the heart of Old Orchard Beach! This fully furnished, turnkey property offers two spacious units: Unit A on the first floor features 3 bedrooms and 1.5 baths, while Unit B upstairs offers 2 bedrooms and 1 full bath. Recent renovations include a new roof (2024), new flooring throughout (2024), updated electrical panels in both units (2024), new kitchens in Unit A (2024) and Unit B (2025), bathroom updates in Unit A (half bath 2025) and Unit B (full bath 2025), plus a new outdoor shower (2024). Enjoy close proximity to the iconic pier, shops, restaurants, golf, grocery, amusements, and vibrant nightlife. Whether you're looking for a year-round home, beach getaway, or investment with excellent rental potential, this home deliver's location, style, and convenience just steps from the ocean.
Discover the potential of this remarkable property, featuring five rental units with significant upside for the new owner. The front building includes two spacious 2-bedroom units, each with stunning ocean views, full kitchens, and a front porch that overlooks the lively OOB scene as well as a charming sandwich shop. The rear building offers two recently updated 1-bedroom units, each with a modern kitchen. All units have designated off-street parking spots year-round, plus an extra spot available in the winter months. Located directly across from the sandy beach, with a crosswalk in front and direct beach access via Aldine Terrace, this property is perfectly situated. Enjoy easy walks to the beach, the pier, and all that OOB has to offer. Currently used as an Airbnb, this property generates approximately $80k in summer revenue and an additional $60k from month-to-month rentals in the off-season. Ideal as an income property, a family beach compound, or a combination of both, this is an opportunity not to be missed!


Old Orchard Beach is located in Maine. Old Orchard Beach, Maine has a population of 8,954. Old Orchard Beach is less family-centric than the surrounding county with 12.1% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Old Orchard Beach, Maine is $55,766. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Old Orchard Beach is 56.7 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 49.2 inches per year, with 60.1 inches of snow per year.