100 Route 133

Description

4-Unit multi-family property in Winthrop seeks new owner! Excellent investment or owner-occupied opportunity in the desirable Town of Winthrop within walking distance to Maranacook Lake public beach and town amenities. Great location commutable to Auburn, Lewiston, Augusta and only an hour to Portland. Property has a brand new roof and new vinyl siding. Newer vinyl windows, paint and flooring in some units, new water heater, chimney liner and cap, garage door, electrical upgrades and more! Solid rental history with gross income of $45,600 (potential to earn over $50,000/yr by adjusting below market rents and/or renting garage space. Unit A is a first floor unit with one bedroom and a large, enclosed sun porch. This unit has access to the basement which has washer/dryer hook-ups. Unit B is a third floor unit with 1 bedroom and 1 bathroom. This unit was entirely renovated approximately 4 years ago and has a new kitchen and bathroom. Unit C is the second floor unit with 2 bedrooms, 1 bathroom and a good sized living room and kitchen. Unit D is a two-level unit on the right side of the house (as viewing it from the main road). This unit has a front entry and rear entry with large hallway for storage space, its own first floor laundry, a large living room and sun porch along with two bedrooms and a bathroom upstairs. Home is fully rented and notice is required prior to showings. Broker owned property.