Bought with Better Homes & Gardens Real Estate/The Masiello Group
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Key Details
Sold Price $405,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,400 sqft
MLS Listing ID 1587597
Sold Date 02/14/25
Style New Englander
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,400
Originating Board Maine Listings
Year Built 1876
Annual Tax Amount $3,271
Tax Year 2023
Lot Size 0.300 Acres
Acres 0.3
Property Description
INVESTMENT OPPORTUNITY! This well-maintained 4-unit building and workshop are situated on a quiet in town street. Constructed in the late 1800s and subsequently renovated, each unit has hardwood flooring and original features. Recent updates include new siding, individual water heaters for each unit, heat pumps installed in two of the units, and a central boiler capable of servicing the entire building. The building comprises a 1,100 sq ft 2-bedroom/1-bath unit in the back and three 1-bedroom units in the front part of the building. Offering various possibilities for prospective buyers: rent out all units as an investment, owner occupy one unit and rent out the remaining units to cover expenses, or easily restore the building to its former grandeur as a single-family home. Completing the property is a large back yard and workshop with a loft, presenting yet another opportunity for potential buyers. Don't miss this one of a kind opportunity! **3 of 4 units currently tenant occupied**
Location
State ME
County Knox
Zoning RM1
Rooms
Basement Bulkhead, Full, Exterior Entry, Unfinished
Interior
Heating Hot Water, Heat Pump
Cooling Heat Pump
Flooring Wood, Tile
Fireplace No
Basement Type Bulkhead,Full,Exterior Entry,Unfinished
Exterior
Parking Features 5 - 10 Spaces, Gravel
View Y/N No
Roof Type Shingle
Road Frontage Private
Garage No
Building
Lot Description Level, Open Lot, Intown, Near Town
Story 3
Foundation Granite
Sewer Public Sewer
Water Public
Architectural Style New Englander
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil, Electric
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