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116 Front Street

Old Town, ME 04468
  • $125,000
  • STATUS: Active
  • MLS #: 1575748
UPDATED: 76 min ago
$125,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,296
    SQFT
Type:
Multi-Family
Built:
1926
County:
Area:

School Ratings & Info

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Description

Are you in search of a good investment opportunity? Look no further! We are pleased to offer you a highly desirable income-generating property. The location is ideal, situated near The University of Maine, making it highly sought after by potential tenants. This duplex comprises two units, one consisting of two spacious bedrooms and the other featuring a cozy single bedroom. Currently, one unit is occupied by a reliable tenant who consistently pays $900 in rent each month. This ensures a steady stream of cash flowing directly into your pocket. The affordability of this property, coupled with its potential return on investment, makes it an appealing prospect for both novice investors and seasoned landlords seeking portfolio expansion. Additionally, the flexible floorplan presents a range of tenant possibilities. Seize the opportunity to invest in this duplex today and start generating passive income as early as tomorrow. For further information, please do not hesitate to contact us.

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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: 2024-02-28T19:50:57.
www.davidmarshallteam.com/homes/144662606
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116 Front Street Old Town, ME 04468

  • Price: $125,000
  • Status: Active
  • On Site: Days
  • Updated: 76 min ago
  • MLS #: 1575748
0
Beds
2
Baths
0
½ Baths
0.2
Acres
1,296
SQFT
$96
$/SQFT
1926
Built
County:
Penobscot
Area:
Old Town
Property Description
Are you in search of a good investment opportunity? Look no further! We are pleased to offer you a highly desirable income-generating property. The location is ideal, situated near The University of Maine, making it highly sought after by potential tenants. This duplex comprises two units, one consisting of two spacious bedrooms and the other featuring a cozy single bedroom. Currently, one unit is occupied by a reliable tenant who consistently pays $900 in rent each month. This ensures a steady stream of cash flowing directly into your pocket. The affordability of this property, coupled with its potential return on investment, makes it an appealing prospect for both novice investors and seasoned landlords seeking portfolio expansion. Additionally, the flexible floorplan presents a range of tenant possibilities. Seize the opportunity to invest in this duplex today and start generating passive income as early as tomorrow. For further information, please do not hesitate to contact us.
Exterior Features

Architectural Style Other Style Attached Garage YN No Construction Materials Vinyl SidingWood Frame Garage YN No Lot Features Near Town Parking No Parking Parking Features GravelNone Roof Shingle Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 1296 Basement Dirt FloorNot Applicable Below Grade Finished Area 0 Cooling None Cooling YN No Flooring Vinyl Heating Radiator Heating YN Yes

Property Features

Association YN No Electric Circuit Breakers Gas Bottled YN Yes Gross Income 28200 Heat Fuel Propane YN Yes Land Lease YN No Operating Expense 10000 Property Seasonal Yes Sewer Public Sewer Tax Annual Amount 1758 Tax Year 2022 Water Source Public Zoning Gen. Residential R2

Maine Real Estate Information Systems logo Listing provided courtesy of ERA Dawson-Bradford Co.: .

© 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: 2024-02-28T19:50:57.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.