Description
Four unit multi-family home with a large barn and a back yard with plenty of elbow room for tenants to play or relax in. If owner was to occupy one of the units, other three units should be able to pay the mortgage, taxes, insurance, and some left over money set aside for repairs. Barn/garage provide serious potential. Has power, insulated, and it's own forced hot air furnace. Garage space for vehicles, toys, or equipment. Workshop space for projects and extra side rooms tucked away for storage. Could simply convert the entire barn into storage units. Buyers are encouraged to research local land use ordinances before investing in remodeling barn into future possibilities.Property is close just on the edge of town, yet close enough to enjoy all the perks of being in town.All major parts of the building are in solid shape. No issues with the sewer or water. Metal roofs installed professional in 2018. Foundation appears to be in great shape. Basement does not flood or even have a musty smell to it. Good solid bones. Apartments have not had a facelift in some time. Some paint, minor repairs, and a landlord with a consistent presences would breath new life into this investment opportunity.
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0BEDS
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0.75ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Four unit multi-family home with a large barn and a back yard with plenty of elbow room for tenants to play or relax in. If owner was to occupy one of the units, other three units should be able to pay the mortgage, taxes, insurance, and some left over money set aside for repairs. Barn/garage provide serious potential. Has power, insulated, and it's own forced hot air furnace. Garage space for vehicles, toys, or equipment. Workshop space for projects and extra side rooms tucked away for storage. Could simply convert the entire barn into storage units. Buyers are encouraged to research local land use ordinances before investing in remodeling barn into future possibilities.Property is close just on the edge of town, yet close enough to enjoy all the perks of being in town.All major parts of the building are in solid shape. No issues with the sewer or water. Metal roofs installed professional in 2018. Foundation appears to be in great shape. Basement does not flood or even have a musty smell to it. Good solid bones. Apartments have not had a facelift in some time. Some paint, minor repairs, and a landlord with a consistent presences would breath new life into this investment opportunity.
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: 2023-12-05T06:47:40.07.
