Bought with Spectrum Real Estate
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Key Details
Sold Price $540,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,860 sqft
MLS Listing ID 1479960
Sold Date 06/07/21
Style Multi-Level
Full Baths 6
HOA Y/N No
Abv Grd Liv Area 2,860
Originating Board Maine Listings
Year Built 1963
Annual Tax Amount $4,605
Tax Year 2019
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Rare income property in downtown Berwick Maine. Six (6) One-Bedroom units. 100% occupancy with low to no vacancy. Selling at an 8% Cap with strong potential for 10+cap. Units and building in good condition located on a corner lot.
Location
State ME
County York
Zoning VILLAGE
Rooms
Basement Walk-Out Access, Full, Exterior Entry, Bulkhead
Interior
Heating Radiator, Hot Water, Forced Air
Cooling None
Flooring Wood, Vinyl, Carpet
Basement Type Walk-Out Access,Full,Exterior Entry,Bulkhead
Exterior
Parking Features 5 - 10 Spaces, Paved, Common, Off Street
Utilities Available 1
View Y/N Yes
View Scenic
Roof Type Shingle
Street Surface Paved
Porch Deck
Garage No
Building
Lot Description Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Near Public Transit
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Schools
School District Rsu 60/Msad 60
Others
Restrictions Unknown
Energy Description Propane, Gas Bottled
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