Description
This property is well-suited for either owner-occupied or rental investment. Let the tenants help pay your mortgage while residing in this side-by-side duplex. Yearly gross income of over $20,000 as owner-occupied or earn over $55,000/yr by renting both units. Strong rental history with reliable, long-term tenants in Unit A. Currently, Unit B is vacant and ready for its new owner. Choose to move in or rent out this unit. Home was inspected recently and several improvements were made including new roof installation on Unit A, radon water mitigation system installed, 2 new water heaters installed and cracked sewage pipe replaced. Ideal location just a mile from Crystal Lake public beach in Gray and only 10 minutes from I95 for easy commuting to Portland, Lewiston/Auburn and Augusta. Close to Maine's Lakes Region for swimming, fishing and boating. This property is set-back from the road and is a great place for families and pets. May be able to split the lot and/or convert existing units to condos. Buyer to confirm all possibilities with the Town of Gray. Broker owned property.
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0BEDS
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3.68ACRES
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0BATHS
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01/2 BATHS
Description
This property is well-suited for either owner-occupied or rental investment. Let the tenants help pay your mortgage while residing in this side-by-side duplex. Yearly gross income of over $20,000 as owner-occupied or earn over $55,000/yr by renting both units. Strong rental history with reliable, long-term tenants in Unit A. Currently, Unit B is vacant and ready for its new owner. Choose to move in or rent out this unit. Home was inspected recently and several improvements were made including new roof installation on Unit A, radon water mitigation system installed, 2 new water heaters installed and cracked sewage pipe replaced. Ideal location just a mile from Crystal Lake public beach in Gray and only 10 minutes from I95 for easy commuting to Portland, Lewiston/Auburn and Augusta. Close to Maine's Lakes Region for swimming, fishing and boating. This property is set-back from the road and is a great place for families and pets. May be able to split the lot and/or convert existing units to condos. Buyer to confirm all possibilities with the Town of Gray. Broker owned property.
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-09-22T09:48:07.663.
