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1 Preston Street

Waterville, ME 04901
  • $199,000
  • STATUS: Pending
  • MLS #: 1590545
Pending
UPDATED: 158 min ago
$199,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

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Description

Duplex. One first floor unit, one second floor unit. Many updates since 2018. Two 3 bedroom, 1 bath units. Currently rented at $1,200 and $1,400. Market rate is likely $1,500 for each unit. Tenant who pays $1,200 currently does lawn care and snow removal. Photos are from before current tenants occupied. Needs to have the chimney re-topped, received an estimate for $2,300 for this. Needs new posts and beam on porch. Willing to increase purchase price to escrow for repairs or potentially have the repairs done prior to closing. Willing to increase purchase price to include buyer's realtor commission. May be willing to hold paper to help with part of the down payment for the right borrower.

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T07:51:44.207.
www.davidmarshallteam.com/homes/150817374
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1 Preston Street Waterville, ME 04901

  • Price: $199,000
  • Status: Pending
  • On Site: Days
  • Updated: 158 min ago
  • MLS #: 1590545
0
Beds
2
Baths
0
½ Baths
0.25
Acres
2,000
SQFT
$100
$/SQFT
1910
Built
County:
Kennebec
Area:
Waterville
Property Description
Duplex. One first floor unit, one second floor unit. Many updates since 2018. Two 3 bedroom, 1 bath units. Currently rented at $1,200 and $1,400. Market rate is likely $1,500 for each unit. Tenant who pays $1,200 currently does lawn care and snow removal. Photos are from before current tenants occupied. Needs to have the chimney re-topped, received an estimate for $2,300 for this. Needs new posts and beam on porch. Willing to increase purchase price to escrow for repairs or potentially have the repairs done prior to closing. Willing to increase purchase price to include buyer's realtor commission. May be willing to hold paper to help with part of the down payment for the right borrower.
Exterior Features

Architectural Style Multi-Level Attached Garage YN No Construction Materials Other ExteriorWood Frame Foundation Details StoneConcrete Perimeter Garage YN Yes Lot Features Open LotSidewalksIntown Parking Features 1 - 4 SpacesPaved Road Surface Type Paved Roof MetalShingle Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 2000 Basement FullInterior EntryWalk-Out AccessUnfinished Below Grade Finished Area 0 Cooling None Cooling YN No Flooring Vinyl Heating Hot WaterBaseboard Heating YN Yes

Property Features

Association YN No Electric Circuit Breakers Gross Income 31200 Heat Fuel Oil YN Yes Land Lease YN No Operating Expense 999 Property Seasonal No Sewer Public Sewer Tax Annual Amount 2961 Tax Year 2023 Utilities Utilities On Water Source Public Zoning r

Maine Real Estate Information Systems logo Listing provided courtesy of OwnerEntry.com: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T07:51:44.207.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.