Bought with Better Homes & Gardens Real Estate/The Masiello Group
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $675,000
Property Type Multi-Family
Listing Status Sold
Square Footage 5,629 sqft
MLS Listing ID 1574050
Sold Date 11/30/23
Style Multi-Level,New Englander
Full Baths 7
HOA Y/N No
Abv Grd Liv Area 5,629
Originating Board Maine Listings
Year Built 1900
Annual Tax Amount $6,521
Tax Year 2022
Lot Size 0.370 Acres
Acres 0.37
Property Description
Investors take note! This is a rare opportunity to own an intown apartment building with 7 units and an amazing rental history. 4 units are Airbnb/VRBO and show zero income on MLS because it varies during peak and off-peak seasons. Please see income and expense columns. A 5th unit is furnished for Airbnb but currently has a month-month tenant.
The current owner has put years of thoughtful renovation into the interior of the building and is beautifully remodeled and decorated. There is also new sheathing and new roof in 2022.
There is an additional contiguous lot that can convey in the purchase Map 133 Lot 22 that boarders Pleasant St. (Please see attachments for map.) A duplex can be built on without city approval or a triplex with city approval.
Notice required for showings.
Location
State ME
County Hancock
Zoning N
Direction US Route 1&3 Bucksport Rd. in Ellsworth. As you ascend Bridge Hill from Downtown Ellsworth building will be on your right just after Pleasant St.
Rooms
Basement Dirt Floor, Full, Exterior Entry, Bulkhead, Unfinished
Interior
Heating Radiator
Cooling A/C Units
Flooring Wood, Vinyl, Tile, Laminate, Carpet
Fireplaces Number 1
Fireplace Yes
Laundry Laundry - 1st Floor, Main Level
Exterior
Garage 5 - 10 Spaces, Gravel, Paved, Common, On Site
Garage Spaces 1.0
Waterfront No
View Y/N Yes
View Trees/Woods
Roof Type Composition,Fiberglass,Metal,Shingle
Street Surface Paved
Porch Porch
Parking Type 5 - 10 Spaces, Gravel, Paved, Common, On Site
Garage Yes
Building
Lot Description Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood
Story 2
Foundation Stone, Granite
Sewer Public Sewer
Water Public
Architectural Style Multi-Level, New Englander
Structure Type Asbestos,Wood Frame
Schools
School District Ellsworth Public Schools
Others
Energy Description Oil
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327