You don't see property like this every day. It is a pleasure to offer this 4- unit where the owner has updated 4 kitchens, 3.5 baths, installed 5 heat pumps for heat and AC, all powered by the brand-new solar panels on the brand-new roof!! Electricity expected to run $21.55/ unit / month. Gross revenue is $81,600 +/- (estimated for owner's unit) and expenses including property taxes and vacancy are $12,913+/-. Today this building has an 8.2 cap rate and that is before you consider renting the 3- bay garage or expanding the Air BnB possibilities. New electrical panels, Buderus boiler and a basement you can actually use make this a great property to own long-term. Located 5 minutes from the beach, the Pier, Ocean Park, Bidd-Saco Country Club, and Funtown, there are all kinds of opportunities to either live and have fun or make this a great investment, or both. Showing Thursday 4-6 and Saturday 1-3pm.
Multi-familyProperty Type
1965Year Built
0.41 acresLot Size
$373Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Roslind {Roz} Anton• EXP Realty
Bought with Kristin Rofe• The Maine Real Estate Group
This multifamily home offers 4 units with good rental history. It is located just minutes for the Maine Turnpike, public beaches and down town amenities. Large 3 car garage provides great storage space. Property is situated on . 41 acres with great outdoor area.
Year
Property tax
Land + Additions
Assessment*
2024
$6,810 (+12.4%)
$173,093 + $452,800
$625,893
2023
$6,059 (+7.6%)
$152,687 + $378,800
$531,487
2022
$5,630 (+5.1%)
$121,900 + $338,100
$460,000
2021
$5,356 (+2.3%)
$110,980 + $267,300
$378,280
2020
$5,237 (−0.5%)
$92,400 + $247,200
$339,600
2019
$5,264 (+41.8%)
$92,400 + $247,200
$339,600
2018
$3,712 (+9.1%)
$92,400 + $150,200
$242,600
2017
$3,401 (+5.0%)
$81,100 + $135,500
$216,600
2016
$3,240 (+1.8%)
2015
$3,182 (+10.0%)
$74,100 + $135,500
$209,600
2013
$2,892
$74,100 + $135,500
$209,600
Tax history for 8 Old Orchard Rd
Year
Property tax
Land + Additions
Assessment*
2024
$6,810 (+12.4%)
$173,093 + $452,800
$625,893
2023
$6,059 (+7.6%)
$152,687 + $378,800
$531,487
2022
$5,630 (+5.1%)
$121,900 + $338,100
$460,000
2021
$5,356 (+2.3%)
$110,980 + $267,300
$378,280
2020
$5,237 (−0.5%)
$92,400 + $247,200
$339,600
2019
$5,264 (+41.8%)
$92,400 + $247,200
$339,600
2018
$3,712 (+9.1%)
$92,400 + $150,200
$242,600
2017
$3,401 (+5.0%)
$81,100 + $135,500
$216,600
2016
$3,240 (+1.8%)
2015
$3,182 (+10.0%)
$74,100 + $135,500
$209,600
2013
$2,892
$74,100 + $135,500
$209,600
*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
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
—
Sq. Ft.
1,435
Year built
1948
Style
Other
County
York County
APN
349305
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
GB-1
General Business District 1
The general business district 1 GB-1 shall extend along Old Orchard Road, Ocean Park Road, Temple Avenue, and Saco Avenue from the Saco town line to E. Emerson Cummings Blvd./Union Avenue, the Portland Road from Imperial Street and Cascade Road, Cascade Road from Portland Avenue to Miles Avenue and shall extend to a lot line of any lot with direct frontage on any of the streets or roads mentioned in this subsection for a maximum depth of 400 linear ft from the street centerline.; The GB-1 district located on the parcel of land identified as 15 Ocean Park Road, Map/Block/Lot: 210/10/3, shall extend to all lot lines and shall be exempt from the maximum depth of 400 linear ft from the street centerline.; The GB-1 district is intended to accommodate commercial activities that are inappropriate to the downtown due to the compact settlement pattern in the beachfront area. While the GB-1 district is slowly evolving into highway commercial area, district regulations establish site development standards that encourage expansion of commercial uses while preserving the existing building line and mixed use character of the area.
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Mixed use
Office
Public service
Property details
Parking
Parking Information
Has Garage
Attached Garage: Yes
# of Garage Spaces: 3
Parking Features: 5 - 10 Spaces, Paved, On Site, Inside Entrance, Off Street
Vehicle Storage: 3 Car, Attached, Direct Entry to Living
Interior
Virtual Tour
Bathroom Information
# of Baths (1/2): 2
# of Baths (Full): 4
Basement Information
Basement Entry: Interior, Full, Unfinished
Interior Features
Interior Features: Other
Furnished: Furnished
Flooring: Tile, Laminate, Carpet
Other Equipment: Other Equipment, Internet Access Available
Laundry Information
Laundry Features: Washer Hookup
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Stories: 2
Total Building Area (Sq. Ft.): 2,215
Exterior Features
Patio & Porch Features: Porch
Property Information
Year Built: 1965
Above-Grade Finished Area (Sq. Ft.): 2,215
Lot Information
Lot Size (Sq. Ft.): $17,859.60
Lot Size (Acres): 0.41
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
Road Surface Type: Paved
Zoning: GB-1
Financial
Tax Information
Annual Tax Amount: $5,773.95
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Heat Pump
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Oil
Location
Multi-Unit Information
# of Units Total: 4
# of 1 Bedroom Units: 4
Operating Expense: $13,313
Gross Income: $81,600
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,800
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,700
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,800
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $1,500
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
School Information
High School District: RSU 23
Location Information
Unparsed Address: 8 Old Orchard Road, Old Orchard Beach, ME 04064
Directions: From 95, Get off Saco Exit 36, to I-195 heading straight towards Old Orchard Beach, right turn at intersection onto Old Orchard Rd, home on the right. GPS 8 Old Orchard Rd.
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,435
Stories: 2.0
Lot Size: 0.41 acres
Style: Other
Year Built: 1948
Year Renovated: —
County: York County
APN: 349305
Home facts updated by county records on Jul 30, 2026
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 • 1.0mi
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, 18 days in 30 years
6/10 Wind Factor
66% 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
81
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
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$786,000 – $952,000
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