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Bean Group
Offered at $465,000Active
beds
—
baths
2
sq ft
1,385
Built
1920

55 Fern Avenue

Old Orchard Beach, ME 04064

About this home

Your beach getaway, your investment, or both. Tucked just under a mile from the Pier, the sand, and downtown Old Orchard Beach, this charming two-family gives you options. The sunny front 2-bedroom unit has a strong short-term rental history and an off-season tenant in place through May 2027, so income starts on day one. The cozy 1-bedroom back unit is currently owner-occupied and ready for your personal touch. Live in it, rent it, or keep it as your own seaside escape while the front unit helps pay the way. Step outside to a charming stone patio and firepit, perfect for summer evenings after a day at the beach. Off-street parking, 2 full baths, a 2016 roof, and efficient heat pumps in each unit make beach-town ownership easy. Room to grow as an investment, or a smart way to own your piece of OOB. Bring your vision and make it everything you've imagined. Come see the possibilities!

Listing last checked: Listing updated:

Listed by Listing Agent · Keller Williams Realty · MLS #1683735

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Details at a glance

Interior4 property facts
Heating
Electric, Baseboard, Heat Pump, Hot Water
Cooling
Heat Pump
Flooring
Carpet, Vinyl, Wood
Fireplaces
0
Building4 property facts
Style
Other
Year built
1920
Garage
0
Roof
Shingle
Land & utilities4 property facts
Lot size
0.07 acres
Water
Public
Sewer
Public Sewer
Zoning
R-2
Financial2 property facts
Annual taxes
$3,896
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $465,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,676 / monthAdjust
Principal & interest
$2,351
Property tax
$325
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,896. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 55 Fern Avenue

Can I request a private showing?

Request a tour of 55 Fern Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.