Bought with Benchmark Real Estate
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Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,241 sqft
Subdivision Munjoy Hill / East End
MLS Listing ID 1519148
Sold Date 09/01/22
Style New Englander
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,241
Originating Board Maine Listings
Year Built 1910
Annual Tax Amount $9,628
Tax Year 2022
Lot Size 2,178 Sqft
Acres 0.05
Property Description
It's all about LOCATION and this one is simply perfect!!!
Solid duplex on Atlantic Street, with ocean views right down the street! Walk to the Eastern Prom for the park, tennis courts, food trucks, marina, dog beach, and more from this home!!! It's only 3 blocks away!
Theater, coffee shops and art galleries just down the street, plus a host of food trucks and the Casco Bay Ferry system around the corner.
Both units have dedicated porches, washer/dryers, gas meters, CMP panel boxes and separate heat systems. The building was seriously upgraded in 2017 with new granite, some plumbing, gleaming pine floors, some newer carpets, updated bathrooms, new roof, windows, insulation, and fixtures.
Strong rental history. BOTH units are BELOW market. 1st floor should rent for $1850 and 2nd floor $5000 p month, not including heat.
Perfect for owner occupy as well!!
First floor has one bath, one large bedroom and an office or second bedroom. Both units share the basement and there is a bulkhead plus a side door off the first floor porch for ease of storage.
Second unit is a combination of second and third floors with egress on each. This makes superior living for roommates or a larger family......RARE two bathroom, four bedrooms or set it up with 2 living spaces as current residences do.
Enjoy some open walls, exposed brick, period details, plaster and dry wall ceilings, custom kitchen cabinets, and two porches. The top porch has some OCEAN VIEWS seasonally!!!
Both abutters are owner occupied homes!!
Large driveway for 2, private backyard with new fencing, all great for setting up the grill or exercising pets!!!
There is enough land mass to qualify for a CONFORMING 3rd unit probably, per the new zoning guidelines adopted Dec. 2020. See broker for details.
Rents are under market rate, owner lives on the second floor.
This is a rare offering and you will be pleased to add this building to your portfolio or even better.......live here
Location
State ME
County Cumberland
Zoning R6
Direction Fore Street to Atlantic Street. Building is on your left. No sign.
Body of Water Ocean
Rooms
Basement Bulkhead, Full, Sump Pump, Exterior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, One-Floor Living, Pantry, Storage
Heating Multi-Zones, Hot Water, Baseboard
Cooling None
Flooring Wood, Tile, Carpet
Fireplace No
Laundry Laundry - 1st Floor, Upper Level, Main Level
Exterior
Garage 1 - 4 Spaces, Paved, Off Street
Fence Fenced
Waterfront No
Waterfront Description Ocean
View Y/N Yes
View Scenic
Roof Type Membrane,Shingle
Street Surface Paved
Porch Deck, Porch
Parking Type 1 - 4 Spaces, Paved, Off Street
Garage No
Building
Lot Description Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Near Public Transit
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style New Englander
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural
Financing Conventional
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327