94 Saco Avenue

Old Orchard Beach ME 04064

2524 sq. ft.

5662.8 sq. ft.

Multi-Family

Last sold for $638,888

Katrina Manker, last sold this property on 31 August 2026 after -3 days on market.

Overview

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.

Features

3 bathrooms

1 carspace

1 garage space

2524 sq. ft. floor area

5662.8 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Old Orchard Beach over the last 12 months, the estimated median property value of 94 Saco Avenue is $638.89k.

Median value

$638.89k

Estimated value range

$429.25k - $1.65m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Old Orchard Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 94 Saco Avenue

2026

Sold

$638,888

31 Aug 2026 by Katrina Manker, of Elevate Maine Realty

2021

Sold

$364,000

06 Dec 2021 by Mary Desjardin, of Keller Williams Realty

Happy sellers in Old Orchard Beach

We have insufficient information to provide an overview of customer satisfaction for Old Orchard Beach. Viewing the agent profiles, reviews and sales for Old Orchard Beach can provide insights for this location.