Southport, ME 04576,497 Cape Newagen RD
Listed by Tindal & Callahan Real Estate
Bought with Tindal & Callahan Real Estate
$395,000
$429,000
7.9%
Est.Price: ?

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5 Beds
2 Baths
2,300 SqFt
SOLD DATE : 06/14/2022

Key Details

Sold Price $395,000

Property Type Residential

Sub Type Single Family Residence

Listing Status Sold

Square Footage 2,300 sqft

MLS Listing ID 1526712

Style Ranch

Bedrooms 5

Full Baths 2

Year Built 1980

Annual Tax Amount $1,342

Tax Year 2021

Lot Size 1.500 Acres

Property Sub-Type Single Family Residence

Property Description

Thoroughly improved, this Southport Island two-unit features fundamental upgrades, including its heating system, windows, water filtration, replacement septic system, and more. A turn-key vacation home with guest cottage, a two-unit investment property, or something in between, this property offers flexibility and upside. Both dwellings promote long term tenancies for a quality income stream. Minimal vacancy in the last three years; renters love living here, and you will too! Or, rent it out and become an investor on Southport Island, where the property taxes are low! Just 1.5-miles to the Town Landing at Cape Harbor, Newagen, ocean access and scenery is a brisk, level walk from home. To the north, the Southport Bridge and gateway to Boothbay Harbor is just 2.5-miles away. Breathe deeply the salty sea air as lobster boats murmur along Southport's rocky shoreline. At least 24-hour notice required for showings.

Location

State ME

County Lincoln

Zoning Residential

Interior

Heating Hot Water, Baseboard

Cooling None

Fireplaces Number 1

Laundry Laundry - 1st Floor, Main Level

Exterior

Parking Features 1 - 4 Spaces, Paved

View Y/N Yes

View Trees/Woods

Roof Type Shingle

Building

Lot Description Level, Wooded, Rural

Foundation Concrete Perimeter, Slab

Sewer Private Sewer, Septic Existing on Site

Water Private, Well

Structure Type Wood Siding,Shingle Siding,Wood Frame

Schools

School District Aos 98

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Maine MLS (MREIS) IDX
Monet Yarnell

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