Bought with Dream Home Realty LLC
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Key Details
Sold Price $600,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,302 sqft
MLS Listing ID 1561972
Sold Date 09/12/23
Style Duplex,Farmhouse
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 3,302
Originating Board Maine Listings
Year Built 1800
Annual Tax Amount $3,752
Tax Year 2022
Lot Size 1.840 Acres
Acres 1.84
Property Description
Zoning allows for lot split! Enhance your investment with future development opportunities!
This updated duplex is situated on a large 1.84-acre lot with a tree-lined, level backyard, providing ample space to enjoy the outdoors and relax.
Upgraded with peace and quiet in mind, professional soundproofing has been added to the ground floor primary bedroom's ceiling, and extra soundproofing padding has been added under the upgraded flooring on the second floor. The ground floor unit features beautiful oak and birch flooring and a generous floor plan, including a spacious living room, three bedrooms, and one bathroom. The second floor unit offers two bedrooms and one bathroom and has recently been updated with fresh paint throughout. It also includes the addition of skylights, fresh flooring, a new built-in bookshelf, updated LED lighting, an updated bathroom vanity, and a brand new kitchen with new cabinets and solid surface countertops. Additionally, fresh blown-in insulation has been added to the attic space above to help keep the space cozy in the winter and minimize heating costs. The entry area offers a coin-op washer/dryer and access to the 2-car garage.
As a bonus, the owners have a Contract Zoning Agreement with the Town of Gorham, allowing for numerous commercial and residential expansion opportunities.
This location is ideal, positioned 7 minutes from Gorham Village, 7 minutes from the University of Southern Maine, under 10 minutes from the Maine Mall and shopping, just over 10 minutes from the airport, and 20 minutes from downtown Portland.
If you are priced out of the single-family home market or seeking to expand your investment portfolio, seize this chance to own an income-producing property with commercial and expanded residential opportunities should you wish to develop in the future.
To view a true video walk-through, visit YouTube and type in the property address.
Also listed as a commercial listing at MLS#: 1561
Location
State ME
County Cumberland
Zoning SGCC
Direction GPS Friendly. County Road to #35.
Rooms
Basement Bulkhead, Dirt Floor, Crawl Space, Full, Exterior Entry, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Attic, One-Floor Living
Heating Hot Water, Forced Air, Direct Vent Heater
Cooling None
Flooring Wood, Vinyl, Carpet
Laundry Laundry - 1st Floor, Main Level, Laundry - Coin
Exterior
Garage 1 - 4 Spaces, Paved, Storage
Garage Spaces 2.0
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Porch Deck
Parking Type 1 - 4 Spaces, Paved, Storage
Garage Yes
Building
Lot Description Level, Open Lot, Near Shopping, Near Town, Suburban
Foundation Stone, Pillar/Post/Pier
Sewer Private Sewer, Septic Existing on Site
Water Private, Well
Architectural Style Duplex, Farmhouse
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Propane, Oil
Financing Conventional
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327