Bought with Coldwell Banker Realty
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Key Details
Sold Price $857,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,975 sqft
MLS Listing ID 1585085
Sold Date 07/10/24
Style Multi-Level
Full Baths 6
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,975
Originating Board Maine Listings
Year Built 1910
Annual Tax Amount $7,815
Tax Year 2024
Lot Size 0.640 Acres
Acres 0.64
Property Description
***Can't find a house? Start with a multi-family. Did you know that there is a new 5% down loan available to first time multi-family buyers? ***
This 4-family in the Freeport Village is a great opportunity for an owner occupant or long term investor. Once a Bed and Breakfast, the cozy units are now used as traditional year-round rentals. In addition to the outstanding location and walkability, the units have a funky charm which makes for comfortable homes for the residents. The building features ample parking, a shared laundry room, front and rear porches, and two new heating systems. The largest of the units has 3 bedrooms and 2.5 bathrooms with a private front porch. Also on the first floor you'll find a spacious 1 bedroom unit with floor-to-ceiling picture windows overlooking the backyard. The second floor has a 2 bedroom 2 bathroom unit along with a studio which could be combined with another unit, or utilized as a separate office, artist's space or any other number of uses. 1 Summer Street is ideally located for short or long term tenants with convenient access to the retail outlet shops, breweries and restaurants, and coffee and chocolate shops - all the freeport village has to offer.
Location
State ME
County Cumberland
Zoning Village Commercial
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Baseboard
Cooling None
Flooring Wood
Exterior
Garage 5 - 10 Spaces, Gravel
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Parking Type 5 - 10 Spaces, Gravel
Garage No
Building
Lot Description Open Lot, Near Shopping, Near Turnpike/Interstate, Near Town
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Wood Siding,Wood Frame
Others
Energy Description Oil, Gas Bottled
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327