Freeport, ME 04032,1294 US Route 1
Freeport, ME 04032,1294 US Route 1
Freeport, ME 04032,1294 US Route 1
Listed by The Boulos Company
Bought with The Boulos Company
$937,500
$1,050,000
10.7%
Est.Price: ?

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6 Baths
4,855 SqFt
SOLD DATE : 07/15/2022

Key Details

Sold Price $937,500

Property Type Multi-Family

Listing Status Sold

Square Footage 4,855 sqft

MLS Listing ID 1523099

Sold Date 07/15/22

Style Ranch

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 4,855

Originating Board Maine Listings

Year Built 1940

Annual Tax Amount $5,202

Tax Year 2021

Lot Size 0.600 Acres

Acres 0.6

Property Description

We are pleased to bring to market 1294 US Route One, Freeport. The property is a 4,855± SF, 6-unit multifamily building on a 0.6 acre lot in Freeport. Six units are collecting rent with one tenant being month-to month.

The owner has invested significant time and money into the property. This includes new insulation in attic, basement, and utility rooms, three brand-new Brancato boilers and two water filtration systems. Upgrades also include rewire and new service panels on exterior and interior panels for each unit, as well as asphalt repaving and a new deck.

Location

State ME

County Cumberland

Zoning MDB

Rooms

Basement Walk-Out Access, Full, Exterior Only, Unfinished

Interior

Heating Direct Vent Heater, Baseboard

Cooling None

Flooring Wood, Tile, Laminate, Carpet

Exterior

Garage 5 - 10 Spaces, Paved

Waterfront No

View Y/N No

Roof Type Shingle

Street Surface Paved

Parking Type 5 - 10 Spaces, Paved

Garage No

Building

Lot Description Rolling Slope, Wooded, Near Shopping, Near Turnpike/Interstate

Sewer Septic Existing on Site

Water Private, Well

Architectural Style Ranch

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Propane, Electric

Financing Cash

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Maine MLS (MREIS) IDX

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Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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