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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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94 Saco Ave , Old Orchard Beach, ME 04064
$599,000
Est. Payment: $3,090.58/mo
0 Bed
3 Bath
2524 Sqft
Status: active with contingency | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Turnkey Mixed-Use Investment Opportunity in the Heart of Old Orchard Beach! Welcome to 94 Saco Avenue, a fully furnished, income-producing mixed-use property just a 10-minute walk to the iconic Old Orchard Beach Pier, seven miles of sandy beach, restaurants, shopping, and entertainment. Whether you're expanding your investment portfolio, operating a successful short-term rental business, or taking advantage of the commercial zoning, this property offers immediate cash flow and exceptional versatility. This well-maintained two-unit property features a 3-bedroom, 1.5-bath first-floor unit with in-unit laundry, a newly rebuilt and insulated enclosed porch currently configured with two additional Airbnb beds, and six dedicated parking spaces. The unit is nearly fully booked for the current Airbnb season with a proven rental history. The second-floor unit offers 2 bedrooms, 1 bath, and two dedicated parking spaces. It is also nearly fully booked for the summer before transitioning to a signed winter lease through May 2027, providing reliable year-round income. The property is being sold fully furnished and stocked with Airbnb essentials, making it truly turnkey. The surveillance camera system conveys, allowing a seamless transition for continued short-term rental management. Income and expense statements are available for qualified buyers. Commercial Mixed-Use zoning offers additional value with a detached garage that could be converted into a workshop, studio, office, or retail space (subject to local approvals). An existing leased business sign at the front of the property provides an additional passive income stream. Recent updates include a new roof (2024), new siding and windows (2025), a rebuilt insulated porch, newer appliances, and more (see documents for complete list). Priced at $599,000, this rare coastal investment offers multiple income streams, commercial flexibility, proven rental performance.

Highlights

Listed by Katrina Manker , 617-291-0766 Elevate Maine Realty , 207-331-4565. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1930

County

York

Listing ID

1672921

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:2
Appliances:Internet Access Available
Floor:Carpet,Vinyl
Above Ground Sq Ft:1684
Below Ground Sq Ft:840
Basement:Bulkhead,Exterior Entry,Full
Other:1st Floor Bedroom,Bathtub,Shower
Other:Public

Exterior Features

Lot:Intown,Near Country Club,Near Golf Course,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Near Railroad,Corner Lot,Level,Open Lot,Sidewalks,Near Public Transit
Zoning:R-2
Roof:Composition,Shingle
Sewer:Public Sewer
Parking Features:Common,Paved,5 - 10 Spaces,Detached
Principal Interest
$3,091
Taxes
$375

Home Price

$599,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,090.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,090.58 $374.92 $0.00 $3,465.50
Yearly $37,086.99 $4,499.00 $0.00 $41,585.99
Total $1,112,609.85 $134,970.00 $0.00 $1,247,579.85

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Old Orchard Beach, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T05:33:23.000Z

© 2026 Maine Real Estate Information System, Inc.

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