Paris, ME 04281,9 Oxford ST
Paris, ME 04281,9 Oxford ST
Paris, ME 04281,9 Oxford ST
Listed by Keller Williams Realty
Bought with Maine Street Realty, Inc. 
$227,500
$230,000
1.1%
Est.Price: ?

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4 Baths
3,000 SqFt
SOLD DATE : 01/12/2022

Key Details

Sold Price $227,500

Property Type Multi-Family

Listing Status Sold

Square Footage 3,000 sqft

MLS Listing ID 1507426

Style Other

Full Baths 4

Year Built 1950

Annual Tax Amount $2,120

Tax Year 2020

Lot Size 0.480 Acres

Property Description

Are you looking for $Cash Flow$? Then look not further than this 4 unit building, plus garage with 12ft ceilings, plus a complete bonus storage/workshop above the garage on the second story. With ground level access to both the upper and lower units the possibilities are endless. Lower units were once a store, garage has been used for a fabrication and metalworking facilities and that doesn't count the upper units. The garage was built with R-22 ICF (insulated concrete forms) and has been pre-plumbed for hot water heating with zone from main building. Dedicated 200 amp service with meter and panel. 10 Ft garage door Great opportunity to be a live-in owner and have your tenants cover your housing and even a good portion of your living expenses. Start your own business and have the commercial space you need in addition to housing all in one easily financeable package. This fully rented fourplex is currently leased at will but all tenants are multi-year. Total vacancy since current owner purchased the building in 2003 is an amazing 2.4%.

Centrally located with convenient access to the market square business district, post office, hospital, schools , playgrounds, grocery store and meandering river.
- 35 minutes to Sunday River ski area.
- 25 minutes to Mt Abram ski area.
- 5 minutes to Stephens Memorial Hospital.
- 5 minutes to Oxford Hills. Comprehensive High School.
- 13 minutes to Oxford Casino.

With newer roofing, heating system, and many updates the realm of possible revenue sources nearly limitless. With strong rental demand and plenty of amenities close by the future looks bright for this investment. Current rents already blow the 1% rule most investors look for away by nearly an additional 50%. Rents have been held constant due to long term tenants and are below market. Many value add options to leverage ROI even higher. Limited photos of interior for tenant privacy.

Location

State ME

County Oxford

Zoning 11

Interior

Heating Hot Water, Baseboard

Cooling None

Flooring Vinyl, Tile, Other, Laminate

Equipment Internet Access Available

Exterior

Parking Features Storage Above, Auto Door Opener, 5 - 10 Spaces, Paved, On Site, Detached, Off Street

Garage Spaces 2.0

Utilities Available 1

View Y/N No

Roof Type Metal

Building

Lot Description Corner Lot, Intown

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Schools

School District Rsu 17/Msad 17

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Maine MLS (MREIS) IDX
Monet Yarnell

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