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Listed by Elizabeth Marks The Real Estate Store
$399,000
Est. payment /mo
3 Baths
2,464 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,464 sqft
Price per Sqft $161
MLS Listing ID 1660024
Full Baths 3
HOA Y/N No
Year Built 1949
Tax Year 2025
Lot Size 0.510 Acres
Acres 0.51
Source Maine Listings
Land Area 2464
Property Description
1949 Cape-style home offering opportunity for investors or owner-occupants seeking additional rental income. 3-unit property set on a spacious 0.5-acre lot at the end of a quiet dead-end street. The property features three existing units: a first-floor 2-bedroom, 1-bath; a second-floor 2-bedroom, 1-bath; and a lower-level 1-bedroom, 1-bath unit. A shared laundry area provides convenience for all tenants. Outside, enjoy a large yard and in-ground pool. The pool and pool house are in need of renovation but could be amazing! The expansive lot offers privacy and potential for outdoor enhancements. A standout feature is the detached 1,200 sq ft workshop/barn with an additional 1,200 sq ft walk out garage level below. Architectural plans have already been drafted to convert this structure into a 2,400 sq ft two-unit building--presenting a significant opportunity for expansion and increased rental income. Whether you're looking to grow your investment portfolio or create a multi-generational living setup, this property offers strong upside potential in a peaceful setting.
Location
State ME
County Androscoggin
Zoning T-5.1
Direction S.Main St. to 8th St. House on the left.
Rooms
Basement Exterior Entry, Interior Entry
Interior
Heating Baseboard
Cooling None
Flooring Carpet, Hardwood, Linoleum
Exterior
Roof Type Shingle
Porch Glassed-in Porch
Garage Yes
Building
Water Public
Architectural Style Cape Cod
Others
Tax ID AUBN-000220-000000-000135
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