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Listed by Keller Williams Realty
$420,000
8 Baths
6,300 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 6,300 sqft
MLS Listing ID 1627439
Style Other
Full Baths 8
HOA Y/N No
Abv Grd Liv Area 6,300
Year Built 1920
Annual Tax Amount $2,623
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Source Maine Listings
Property Description
This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents.
The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units.
Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units.
Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
Location
State ME
County Oxford
Zoning Unk
Rooms
Basement Interior, Full, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling Window Unit(s)
Flooring Vinyl, Tile
Exterior
Parking Features 1 - 4 Spaces, Common
Garage Spaces 1.0
View Y/N No
Roof Type Flat
Garage Yes
Building
Lot Description Level, Sidewalks, Intown
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
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