Bought with RE/MAX Shoreline
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Key Details
Sold Price $240,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,201 sqft
MLS Listing ID 1550629
Sold Date 03/03/23
Style Colonial
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,201
Originating Board Maine Listings
Year Built 1910
Annual Tax Amount $2,104
Tax Year 2022
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Attention investors! Don't miss out on this well-maintained 3-family property with long-term tenants. All three units are on section 8 and are up to date on rent, and the property was recently inspected with no issues. The gross income for this property is well over $40,000 per year, making it a great investment opportunity.
The property features a new oil furnace that heats the whole house, as well as a new oil tank with a new oil line. There is only one heating system for the entire building, and there are three electric meters. The property has very low taxes and insurance, with the owner paying for trash, heat, electric, and water. The yearly taxes are roughly $1964, and the insurance is $1014. The new furnace is energy efficient, further reducing expenses.
The property is located in an economic opportunity zone and is conveniently located near local shops, restaurants, and recreational activities. The seller is willing to consider financing for the down payment, making it easier for you to purchase this property. Don't miss out on this opportunity to own a profitable, easy-to-manage building - contact us today to schedule a showing!
Location
State ME
County Oxford
Zoning 274791
Rooms
Basement Dirt Floor, Crawl Space, Interior Entry
Interior
Heating Forced Air
Cooling None
Flooring Other
Exterior
Parking Features 5 - 10 Spaces, Gravel, Common
Utilities Available 1
View Y/N No
Roof Type Shingle
Street Surface Paved
Garage No
Building
Lot Description Corner Lot, Level, Near Town, Neighborhood
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Structure Type Other Exterior,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
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