Bought with Rizzo Mattson
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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Square Footage 8,667 sqft
MLS Listing ID 1532833
Sold Date 08/26/22
Style Contemporary,Split Entry
Full Baths 12
HOA Y/N No
Abv Grd Liv Area 7,617
Originating Board Maine Listings
Year Built 1970
Annual Tax Amount $5,041
Tax Year 2021
Lot Size 4.000 Acres
Acres 4.0
Property Description
Second chances do exist!! Back on the market due to buyer financing issues.
Formerly known as Saint Leo's church in Litchfield and currently recognized as ''Tacoma Terrace'', a truly once-in-a-lifetime investment opportunity is now presenting. In 2012, the property was converted from a large church into 12 brand new apartment units. Carefully planned and designed, the units are exceptional in both quality of construction and materials used. The complex consists of (10) 1br 1ba and (2) 2br 1ba units. Timeless looking and forever-lasting ceramic floor tile sprawls through each unit, along with high-grade cabinetry and updated light fixtures throughout. The property offers coin-op washer & dryer, a glassed-in foyer, and patio area for tenants and their guests to enjoy. There's no lack of storage space between the partially finished basement and detached 2-car garage. The complex sits on 4-acres of pristine, level grassland and has enough paved parking to accommodate 50+ vehicles. Just seconds away from Tacoma Lakes, very close to necessity shopping, and easy access to I95 make the location of these rental units highly desirable and a rare commodity for the area Building is consistently 100% occupied with great, long-term tenants. Easy to manage and ready to continue seamlessly cash-flowing for its new owners. You will not find another opportunity to own property like this for many, many years.
Minimum 24-Hour notice required.
Location
State ME
County Kennebec
Zoning Village
Direction Follow Lewiston Road, Route 126 (aka The Lewiston Road), in Litchfield over the bridge. At the top of hill turn left into parking lot.
Rooms
Basement Finished, Full, Sump Pump, Doghouse, Interior Entry
Interior
Interior Features 1st Floor Bedroom, Attic, Bathtub
Heating Multi-Zones, Hot Water, Baseboard
Cooling None
Flooring Tile
Exterior
Garage 21+ Spaces, Paved, Common, On Site, Detached
Garage Spaces 2.0
Waterfront No
View Y/N Yes
View Trees/Woods, Scenic
Roof Type Shingle
Street Surface Paved
Accessibility 32 - 36 Inch Doors
Porch Glass Enclosed
Parking Type 21+ Spaces, Paved, Common, On Site, Detached
Garage Yes
Building
Lot Description Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Rural
Story 1
Foundation Concrete Perimeter
Sewer Private Sewer, Septic Design Available, Septic Existing on Site
Water Private, Well
Architectural Style Contemporary, Split Entry
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Yes
Energy Description Propane
Financing Other
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327