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694 Federal Road , #1

Livermore, ME 04253
  • $1,800,000
  • STATUS: Active
  • MLS #: 1551164
UPDATED: 106 min ago
$1,800,000
  • 0
    BEDS
  • 4.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,202
    SQFT
Type:
Multi-Family
Built:
2009
County:
Area:

School Ratings & Info

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Description

An investment property like this is a once in a lifetime opportunity and can change lives. Currently established as year-round yearly rentals with a good cash-flow, but the business potential is in the weekly or seasonal rentals of Air BNB, VRBO, and other vacation rental models. A total of seven properties with 495 feet of good, deep-water frontage, dock systems, plenty of parking and an additional 3.7 acres of undeveloped land, including a large parking lot, well and commercial septic system just across the road. The property consists of 2 cabins, a building with 2 units and a building with 3, all with multiple bedrooms and two with walk-out basements. All have washer & dryer, 5, 6 & 7 have a half -bath in the finished basement that could be used as a great room or additional bed space that walks out to the lawn & lake. The buildings are in great condition and ready for a new owner. Located less than 40 min to Auburn, 45 to Augusta, an hour to Sunday River, 30 min to Farmington and less than 3 hours to Boston. This could be a perfect 1031 property and a lifestyle changer

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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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-02-03T23:48:02.037.
www.thenewenglandreco.com/homes/136186848
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694 Federal Road , #1 Livermore, ME 04253

  • Price: $1,800,000
  • Status: Active
  • On Site: Days
  • Updated: 106 min ago
  • MLS #: 1551164
0
Beds
0
Baths
0
½ Baths
4.7
Acres
9,202
SQFT
$196
$/SQFT
2009
Built
County:
Androscoggin
Area:
Livermore
Property Description
An investment property like this is a once in a lifetime opportunity and can change lives. Currently established as year-round yearly rentals with a good cash-flow, but the business potential is in the weekly or seasonal rentals of Air BNB, VRBO, and other vacation rental models. A total of seven properties with 495 feet of good, deep-water frontage, dock systems, plenty of parking and an additional 3.7 acres of undeveloped land, including a large parking lot, well and commercial septic system just across the road. The property consists of 2 cabins, a building with 2 units and a building with 3, all with multiple bedrooms and two with walk-out basements. All have washer & dryer, 5, 6 & 7 have a half -bath in the finished basement that could be used as a great room or additional bed space that walks out to the lawn & lake. The buildings are in great condition and ready for a new owner. Located less than 40 min to Auburn, 45 to Augusta, an hour to Sunday River, 30 min to Farmington and less than 3 hours to Boston. This could be a perfect 1031 property and a lifestyle changer
Exterior Features

Accessibilitiy Amenities 32 - 36 Inch Doors Color Lt Yellow Construction Wood Frame Driveway Paved Exterior Vinyl Siding Foundation Materials Pillar/Post/PierPoured Concrete Parking 21+ SpacesOn SitePaved Recreational Water DeededDockLake/Fresh WaterWaterfront Deep Road Frontage Or More 750.00 Roads PavedPublic Site LevelOpenWell Landscaped Vehicle Storage No Vehicle Storage View ScenicTrees/Woods Water Body Type LakePond Water Info Water Front Amount Or More 495.00 Water Info Water Frontage Yes Water Info Water Frontage Owned 495.00 Water Info Water Frontage Share 0.00 Water Info Water View Yes

Interior Features

Basement DaylightFinishedFullUnfinishedWalkout Access Floors CarpetLaminateVinyl Units Number Of1 Bd Units 0 Units Number Of2 Bd Units 7 Units Number Of3 Bd Units 0 Units Number Of4 Or More Bd Units 0

Property Features

Amenities 1st Floor BedroomBathtubDeckLaundry - HookupOne-Floor LivingOther AmenitiesPorchShowerStorage Building Info Number Floors 1 Building Info Number Heating Units 7 Building Info Number Stories 2 Building Info Number Water Heaters 7 Cooling None Electric Circuit Breakers Equipment CableInternet Access Available Full Tax Amount Amount 18389.00 Gas Bottled Heat Fuel Propane Heat System Direct Vent HeaterHot WaterMulti-ZonesRadiant Leased Land No Location Rural Lot 5 Seasonal No Sewer Private SewerSeptic Existing On Site Sqft Finished Above Grade 6230.00 Sqft Finished Below Grade 2972.00 Sqft Source Seller Style ChaletRanch Surveyed Yes Tax Year 2021 Water PrivateWell Existing On Site Water Info Water Body Name Long Pond Zoning Rural Zoning Overlay Unknown

Maine Real Estate Information Systems logo Listing provided courtesy of Better Homes & Gardens Real Estate/The Masiello Group: [IDXCONTACTINFORMATION].

© 2023 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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-02-03T23:48:02.037.
 
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