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Investors take notice! Two unit in one of Maine's fastest growing cities; close to Portland and the ocean as well as easy access to highway. Dining, shopping, and play are all close by. This is a 2-unit income-producing property with great potential. Both units are currently tenant-occupied but below market rates. The property requires some updates and improvements to maximize its value and functionality.With the right repairs it can be brought to its full potential, but it is priced accordingly. Buyers are encouraged to conduct their own due diligence, including inspections, to assess the condition of the property. The units are fully occupied, and there is a strong rental history in place. EXTRA BONUS BEDROOM that is currently part of upstairs unit but on FIRST floor, which makes one of the units a 4 bedroom. This extra room has a closet and access to outside door, easily can be part of downstairs unit instead or rent it separately if town allows mixed use.
Property Type(s):
Multi Family
Last Updated | 11/24/2024 | Year Built | 1939 |
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Garage Spaces | 2.0 | County | York |
Additional Details
AIR | None |
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BASEMENT | Full, Interior Entry, Unfinished, Yes |
CONSTRUCTION | Block, Vinyl Siding |
GARAGE | Attached Garage, Yes |
HEAT | Baseboard, Forced Air, Hot Water |
LOT | 6534 sq ft |
LOT DESCRIPTION | Corner Lot, Level, Near Public Transit |
MLS STATUS | Active |
PARKING | Paved, On Site, Attached |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | New Englander |
TAXES | 4483 |
WATER | Public |
ZONING | Residential |
Listing provided by Dream Home Realty LLC
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.
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IDX data provided by Market Leader, courtesy of Maine Listings.
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