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529 Main Street

Fryeburg, ME 04037
  • $779,900
  • STATUS: Active
  • MLS #: 1578974
UPDATED: 149 min ago
$779,900
  • 0
    BEDS
  • 0.51
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 6,320
    SQFT
Type:
Multi-Family
Built:
1805
County:
Area:

School Ratings & Info

School District:
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Description

Explore boundless possibilities in this captivating 1805 homea former inn, now configured as a single-family residence with four additional rental units. Offering versatility, the property seamlessly combines historical charm with modern living. Situated in close proximity to shops, restaurants, and nature, it provides unmatched convenience. Just under half a mile away, highly regarded Fryeburg Academy awaits. Also just minutes to 15 minutes to North Conway. Five total units, comprising two two-bedroom apartments, one one-bedroom apartment, a studio, and a four-bedroom home, this property stands as a testament to adaptability. All units have been occupied, generating an annual income exceeding $100,000. The strategic options for the new owner are diverselease the entire property, reside in the main home or one of the units, pursue annual or short-term rentalsthe choice is yours. Notably, four units have recently undergone significant updates and come furnished (even the four bedroom home with all that amazing period furniture and curated arcade games), enhancing the overall appeal and immediate functionality of the investment.

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Maine Real Estate Information Systems logo
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.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-22T23:50:50.48.
www.thenewenglandreco.com/homes/145973616
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529 Main Street Fryeburg, ME 04037

  • Price: $779,900
  • Status: Active
  • On Site: Days
  • Updated: 149 min ago
  • MLS #: 1578974
0
Beds
7
Baths
0
½ Baths
0.51
Acres
6,320
SQFT
$123
$/SQFT
1805
Built
County:
Oxford
Area:
Fryeburg
School District:
Rsu 72/Msad 72
Property Description
Explore boundless possibilities in this captivating 1805 homea former inn, now configured as a single-family residence with four additional rental units. Offering versatility, the property seamlessly combines historical charm with modern living. Situated in close proximity to shops, restaurants, and nature, it provides unmatched convenience. Just under half a mile away, highly regarded Fryeburg Academy awaits. Also just minutes to 15 minutes to North Conway. Five total units, comprising two two-bedroom apartments, one one-bedroom apartment, a studio, and a four-bedroom home, this property stands as a testament to adaptability. All units have been occupied, generating an annual income exceeding $100,000. The strategic options for the new owner are diverselease the entire property, reside in the main home or one of the units, pursue annual or short-term rentalsthe choice is yours. Notably, four units have recently undergone significant updates and come furnished (even the four bedroom home with all that amazing period furniture and curated arcade games), enhancing the overall appeal and immediate functionality of the investment.
Exterior Features

Architectural Style New EnglanderOther Style Attached Garage YN No Construction Materials Vinyl SidingWood Frame Foundation Details StoneSlab Garage YN Yes Lot Features Corner LotLevelSidewalksWoodedHistoric DistrictIntownNear Shopping Parking 5 - 10 SpacesOff StreetPaved Parking Features 5 - 10 SpacesPavedCommonDetachedOff Street Patio And Porch Features Screened Road Surface Type Paved Roof Shingle View Trees/WoodsMountain(s) Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 6320 Basement Walk-Out AccessInterior EntryUnfinished Below Grade Finished Area 0 Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 3 Flooring WoodVinylTileOtherLaminate Heating StoveSteamRadiator Heating YN Yes Interior Features Furniture Included1st Floor Bedroom1st Floor Primary Bedroom w/BathAtticBathtub Tile Floors YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Exclusions None Gross Income 100200 Heat Fuel Oil YN Yes Internet Access Available YN Yes Land Lease YN No Operating Expense 26003 Property Seasonal No Sewer Private SewerSeptic Existing on Site Tax Annual Amount 6390 Tax Year 2023 Water Source Public Zoning Village Commercial

Maine Real Estate Information Systems logo Listing provided courtesy of Keller Williams Realty: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
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.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-22T23:50:50.48.
 
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