11 Cottage Avenue

Old Orchard Beach, ME 04064

$563,000
Price
6
Beds
1,627 Sq. Ft.
$346 / Sq. Ft.
1,627
Sq. Ft.
$346
per Sq. Ft.

Description

BEST MAINE BEACH nearby this charming 3-unit property which is perfectly situated in a sought-after beach community. Offering an incredible opportunity for long-term or weekly rental income. The building features two 2-bedroom units, each designed with bedrooms on the second floor, and a cozy efficiency unit - ideal for couples or solo travelers seeking a convenient and affordable coastal getaway. The property boasts plenty of parking, a rare and valuable asset in beachside locations, ensuring convenience...BEST MAINE BEACH nearby this charming 3-unit property which is perfectly situated in a sought-after beach community. Offering an incredible opportunity for long-term or weekly rental income. The building features two 2-bedroom units, each designed with bedrooms on the second floor, and a cozy efficiency unit - ideal for couples or solo travelers seeking a convenient and affordable coastal getaway. The property boasts plenty of parking, a rare and valuable asset in beachside locations, ensuring convenience for tenants and guests alike. Its prime location offers easy access to the beach, local shops, restaurants, and entertainment, making it an attractive choice for vacationers. With its versatile layout and high demand for rentals in the area, this property is a smart investment for anyone looking to capitalize on the lucrative vacation rental market while enjoying the perks of owning property in a vibrant coastal community. Current tenants month to month. Offers due by 2/09/2025
  1. Listed by Nancy Moreshead • The Real Estate Store • 207-329-3545
  2. Listed by John Murphy • The Real Estate Store

Property Details for 11 Cottage Avenue

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage Spaces
.00
Garage
No
Zoning
R-2
LISTING UPDATED: 02/09/2025 05:00 PM

Property Details for 11 Cottage Avenue

StatusPending
MLS #1613558
Days on Market9
Taxes$4,471 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1910
Lot Size0.11 AC / 4,791 SF
CountyYork County

Building Information for 11 Cottage Avenue

Stories2Residences3Year Built1910Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 11 Cottage Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1974
  • Directions: Saco Avenue to Grove Avenue, bear slight left, 11 Cottage Avenue is on your left.
  • Town: Old Orchard Beach
  • State/Province: ME
  • Zip Code: 04064
  • County: York
  • Geo Latitude: 43.515154
  • Geo Longitude: -70.382242
  • Tax Lot: 4
  • Site:Level: Yes
  • Location:Intown: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Railroad: Yes
  • Location:Near Shopping: Yes
  • Location:Neighborhood: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 17229
  • Tax Block: 11
  • Tax Map Number: 206
  • Tax Year: 2023
  • Parcel Number: OOBH-000206-000011-000004
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,471.00
Virtual Tour
Property
Green Features
  • Energy Efficiency:Double Pane Windows: Yes
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1627.0
  • Lot Size Acres: 0.11
  • Source of Acreage: Public Records
  • Building Area Total: 1627.0
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Street Number: 11
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: 2.00
  • Property Information:Color: Gray
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1910
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Shingle Siding, Wood Frame
  • Vehicle Storage:4+ Car: Yes
  • Roof: Shingle
  • Other Structures: Outbuilding
  • Patio and Porch Features:Deck: Yes
Interior Features
  • Basement: Full, Doghouse, Unfinished
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Features: Other, Shower, Storage
  • Cooling: None
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Washer Hookup
  • # Floors: 2
  • Bathrooms Total (Integer): 5
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 3.20
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $47,725.00
  • Operating Expenses: $18,185.00
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Stories: 2
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $2,000.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: 1.00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,450.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: 1.00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $880.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 2.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: No
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 11 Cottage Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11 Cottage Avenue

Taxable ValueLand$103,400Additions$288,800Total$392,200
Tax Record2023$4,471 ($373 / month)
Home Facts
Baths4Total Finished SqFt1,715 SqFtAbove Grade Finished SqFt1,715 SqFtUnfinished Basement SqFt836 SqFtStories2Lot Size4,800 SqFtStyleTriplexYear Built1910Year Renovated2004ZoningR-2CountyYORKAPNOOBH M:206 B:11 L:4

Schools near 11 Cottage Avenue

This home is within Regional School Unit 23.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 8
Public - 9 to 12
Rating
School
Distance
Jameson Elementary School
PublicPK to 2

Loranger Middle School
Public3 to 8

Old Orchard Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Store

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.