Excellent opportunity for the right buyer. This is currently an upgraded two unit with good income. It is on a large lot of 1.2 acres which allows for up to 8 more units with approvals. The older front unit was built in 1968 and has 1240 square feet and 3 bedrooms and is on a slab. The newer back unit was built in 1990 and also has 3 bedrooms and 950 square feet. It has a crawl space. Great location about 2 miles from the beaches and near the turnpike, schools, and a golf course. Front unit has a new heating and cooling system and both units have a new roof.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
52,272
Year renovated
2024
Sq. Ft.
2,190
Year built
1968
Style
Multi-Family (2-4 Unit)
County
York County
APN
347353
Parking Spaces
—
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Oct 10, 2024.
R-4
Residential 4 District
The residential 4 district R-4 is established to accommodate one-family and multifamily homes, and customary accessory educational, public and religious uses associated with residential neighborhoods.
Lot Features: Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Suburban
Road Surface Type: Paved
Zoning: R4
Financial
Tax Information
Annual Tax Amount: $4,251
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Forced Air, Baseboard
Electric: Three Phase, Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Multi-Unit Information
# of Units Total: 2
# of 3 Bedroom Units: 2
Operating Expense: $8,000
Gross Income: $43,200
Unit 1 Information
# of Bedrooms: 3
Actual Rent: $2,000
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: No
Water: Yes
Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,600
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Location Information
Unparsed Address: 65 Smithwheel Road, Old Orchard Beach, ME 04064
Directions: Go east into Old Orchard Beach on Route 5 from the turnpike. Make a left onto Smithwheel Road after a quarter of a mile. About 1 mile up on the left on Smithwheel Road. No sign on the property, # 65.
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,190
Stories: 1.0
Parking Spaces: —
Basement: Yes
Accessible: No
Lot Size: 1.2 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: 2024
County: York County
APN: 347353
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Oct 10, 2024
Around this home
Schools
Jameson Elementary School
Public PreK-2 • Assigned • 0.9mi
Loranger Middle School
Public 3-8 • Assigned • 1.0mi
3/10
Old Orchard Beach High School
Public 9-12 • Assigned • 0.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 89° expected this year, 17 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Old Orchard Beach, ME • 04064
Average low and high temperatures (°F)
31
15
34
14
45
28
53
37
64
47
75
57
79
62
77
56
72
52
62
42
50
33
36
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$571,000 – $691,000
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