$2,250,000
27-33 Odessa Avenue
Old Orchard Beach
Listing Courtesy of
Vitalius Real Estate Group, LLC
27-33 Odessa Avenue, Old Orchard Beach, ME 04064
*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!
Listing Courtesy of
Vitalius Real Estate Group, LLC
DETAILS
- Listing Id1595571
- StatusPending
- TypeMulti-Family
- SeasonalYes
- Map / Lot315 / 2-4
- Book / Page14459/9455 / 0931/0003
- Sq Ft Finished Above Grade6504
- Sq Ft Finished Total6504
- Total Baths9 / 1
- Waste Water DisposalPublic Sewer
- WaterPrivate
- Heat SystemBaseboard, Hot Water
- CoolingNone
- ElectricCircuit Breakers
- BasementExterior Only, Full, Unfinished
- RoofShingle
- FloorsTile, Vinyl, Wood
- GarageNo
- Lot FeaturesLevel, Near Town, Near Turnpike/Interstate, Open Lot
- Parking Features5 - 10 Spaces, Off Street, Other
- StyleDuplex, Ranch
- Checked For UpdatesSaturday, September 7, 2024 at 7:32 PM
- IDX Listing UpdatedWednesday, August 28, 2024 at 3:42 PM
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