Bought with Realty of Maine
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Key Details
Sold Price $601,000
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Sold
Square Footage 2,900 sqft
MLS Listing ID 1485919
Sold Date 05/12/21
HOA Y/N No
Originating Board Maine Listings
Year Built 1900
Annual Tax Amount $4,665
Tax Year 2020
Lot Size 21.250 Acres
Acres 21.25
Property Description
Incredible opportunity to own this beautiful multi-family property with classic farmhouse and additional 6 living units. Roomy and tasteful 4-bedroom main house with bath, kitchen and many updates. 2-bedroom unit above the 3-bay garage includes its own laundry and separate entrance. 5 additional cottage units are rented in a mix of short- and long-term tenancy. All but one is fully renovated which includes vaulted ceilings, updated floors and furnishings. 2 cottages are very successful Airbnb units. Property also boasts 18 developable acres in back of current rentals. Imagine the possibilities! Continue the incredible income stream with the short-term cottages with stable income and the long-term units or convert to Bed & Breakfast. Expand the number of cabins or create a subdivision of buildable lots or condos on the acreage. This unique property has been renovated in all the important ways over the past decade. The list of improvements is enormous! Ask for the complete package of information today!
Location
State ME
County Penobscot
Zoning II Res A
Direction South on Route 1A Hampden, 1.3 mi from light at Western Ave. (almost to Dorothea Dix Park) No sign.
Rooms
Basement Bulkhead, Walk-Out Access, Crawl Space, Full, Unfinished
Interior
Interior Features Storage
Heating Stove, Radiator, Multi-Zones, Direct Vent Heater, Direct Vent Furnace, Baseboard
Cooling A/C Units
Flooring Wood, Vinyl, Tile, Laminate, Carpet
Equipment Internet Access Available, Cable
Exterior
Garage 11 - 20 Spaces
View Y/N No
Roof Type Fiberglass,Shingle
Parking Type 11 - 20 Spaces
Building
Lot Description Near Turnpike/Interstate, Near Airport, Near Shopping, Suburban
Story 2
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Propane, Gas Bottled
Financing Other
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327