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Key Details
Sold Price $675,000
Property Type Multi-Family
Listing Status Sold
Square Footage 6,450 sqft
MLS Listing ID 1597153
Sold Date 09/25/24
Style New Englander,Other Style,Townhouse
Full Baths 7
HOA Y/N No
Abv Grd Liv Area 6,450
Originating Board Maine Listings
Year Built 1920
Annual Tax Amount $7,232
Tax Year 2023
Lot Size 0.310 Acres
Acres 0.31
Property Description
This investment opportunity features a versatile 3-unit property with a vacant 4-bedroom apartment spanning the entire second floor, ideal for owner occupancy or selecting your own tenants. The property boasts a large grassy yard, ample parking, and a newer heating system installed in 2020/2021. In addition to the spacious 4-bedroom unit, the first floor includes a 2-bedroom unit and an efficiency unit, with a large attic space on the third floor. Sold together is a fully occupied large 4-unit property, comprising two stacked 2-bedroom units in the front and two townhouse-style units in the back (3-bedroom and 2-bedroom). Each unit has its own electric meter and pays for its own hot water. Recent updates include a new heating system in 2023, with three hot water heaters replaced in 2021 and one in 2023. This package is perfect for starting your investment journey or adding to your existing portfolio.
Location
State ME
County Androscoggin
Zoning T-4.2
Rooms
Basement Brick/Mortar, Dirt Floor, Interior Entry, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Vinyl, Carpet
Exterior
Garage 5 - 10 Spaces, Gravel, Off Street
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Parking Type 5 - 10 Spaces, Gravel, Off Street
Garage No
Building
Lot Description Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Town
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style New Englander, Other Style, Townhouse
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327