Bought with Berkshire Hathaway HomeServices Northeast Real Estate
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Key Details
Sold Price $90,000
Property Type Multi-Family
Listing Status Sold
Square Footage 1,700 sqft
MLS Listing ID 1526917
Sold Date 07/07/22
Style Duplex,Contemporary,Cape,Multi-Level
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,700
Originating Board Maine Listings
Year Built 1920
Annual Tax Amount $2,435
Tax Year 2020
Lot Size 0.590 Acres
Acres 0.59
Property Description
This duplex has great rental history and produces income. Close to the University of Maine. One of the bigger lots on French Island. Rents are below market rate and can be increased. Upstairs unit lease ends May 31, 2022 and they will not be renewing, giving new owner the opportunity to increase rental amount to market rate and generate more income than this property already generates. This property is professionally managed by a local property management company that can remain in place for a smooth transition to new owner.
Location
State ME
County Penobscot
Zoning res
Body of Water Penobscot
Rooms
Basement Bulkhead, Walk-Out Access, Exterior Entry, Interior Entry
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Laminate
Basement Type Bulkhead,Walk-Out Access,Exterior Entry,Interior Entry
Exterior
Parking Features 5 - 10 Spaces, Gravel, Paved, Common
Utilities Available 1
Waterfront Description River
View Y/N No
Roof Type Metal,Shingle
Street Surface Paved
Garage No
Waterfront Description River
Building
Lot Description Corner Lot, Near Turnpike/Interstate, Near Town, Neighborhood
Sewer Public Sewer
Water Public
Architectural Style Duplex, Contemporary, Cape, Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
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