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Listed by Keller Williams Realty • (207) 232-8877
$1,500,000
9 Baths
4,640 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Square Footage 4,640 sqft
MLS Listing ID 1622877
Style Ranch
Full Baths 9
HOA Y/N No
Abv Grd Liv Area 4,640
Year Built 1941
Annual Tax Amount $6,207
Tax Year 2025
Lot Size 8.690 Acres
Acres 8.69
Source Maine Listings
Land Area 4640
Property Description
Excellent Investment Opportunity! This well-maintained property features a total of 9 units, including two duplexes and a 5-unit building. Each unit is separately metered for heat and electricity, with tenants responsible for their own utilities. The property boasts a solid rental history and individual heating systems for each unit. The current owner has prioritized upkeep, with major updates already completed, including a new roof and new windows. While the property is already stable and cash-flowing, there is significant upside potential through cosmetic upgrades and rent increases, as current rents are below market. Don't miss this opportunity to own a reliable, income-producing asset with room to grow! NOI: 134,919.31
Location
State ME
County Cumberland
Zoning SR
Rooms
Basement Interior, Full, Doghouse
Interior
Heating Forced Air
Cooling None
Flooring Vinyl, Carpet
Exterior
Parking Features 11 - 20 Spaces, Paved
Utilities Available 1
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Well Landscaped, Near Town
Story 1
Sewer Private Sewer
Water Private
Architectural Style Ranch
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil
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