Bought with Gardner Real Estate Group
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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Square Footage 6,524 sqft
MLS Listing ID 1449460
Style Other Style
Full Baths 6
Year Built 1915
Annual Tax Amount $9,401
Tax Year 2019
Lot Size 2,178 Sqft
Property Description
Earn cash flow + appreciation with this nice 6 unit apartment building that has had many upgrades and is in good condition. Offering (3) 1 Bedrooms and (3) 2 Bedroom units w/ parking, private decks and amazing water views of the Islands and the Eastern Promenade! Yearly gross income: $126,000 w/ separate electric, newer natural gas boilers and rubber roof . This building is an excellent candidate for a 1031 exchange, Air BnB or take the whole top floor and rent (4) units out.. Why buy a condo when you can have this income producing property!!
Location
State ME
County Cumberland
Zoning R-6
Interior
Heating Steam
Cooling None
Flooring Wood, Vinyl
Laundry Laundry - Coin
Exterior
Parking Features Paved, Off Street
Utilities Available 1
Waterfront Description Bay
View Y/N No
Roof Type Membrane
Building
Lot Description Level, Sidewalks, Near Golf Course, Near Shopping, Neighborhood
Story 3
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
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