Bought with Getty Real Estate Services, LLC
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Key Details
Sold Price $270,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,562 sqft
MLS Listing ID 1564434
Sold Date 09/13/23
Style Colonial
Full Baths 6
HOA Y/N No
Abv Grd Liv Area 2,562
Originating Board Maine Listings
Year Built 1920
Annual Tax Amount $2,634
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Incredible Investment Opportunity! Profitable 6-unit apartment building with assumable tenants, new roof, stable income and potential for 14 plus cap rate! Excellent location close to hospitals, colleges and schools. Current tenants are assumable providing a seamless transition for owner or owner occupied home. This property is on the list for natural gas in September. Retiring owners say there is room for rent increase of 20-25%.. Apartment 1 is freshly renovated and is currently vacant for viewing. 48 hour notice on all other apartment viewings please. SELLER WOULD CONSIDER OWNER FINANCING 20% OF SALE.
Location
State ME
County Kennebec
Zoning Residential
Rooms
Basement Dirt Floor, Full, Interior Entry, Unfinished
Interior
Interior Features Shower
Heating Multi-Zones, Hot Water, Baseboard
Cooling None
Flooring Vinyl, Carpet
Fireplace No
Exterior
Garage 5 - 10 Spaces, Gravel, Paved
Waterfront No
View Y/N No
Roof Type Metal,Shingle
Street Surface Paved
Porch Porch
Parking Type 5 - 10 Spaces, Gravel, Paved
Garage No
Building
Lot Description Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood
Foundation Granite
Sewer Public Sewer
Water Public
Architectural Style Colonial
Structure Type Vinyl Siding,Wood Frame
Schools
School District Waterville Public Schools
Others
Restrictions Unknown
Energy Description Oil
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327