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125 Main Street

Mexico, ME 04257
  • $1,000,000
  • STATUS: Active
  • MLS #: 1578174
UPDATED: 98 min ago
$1,000,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 19
    BATHS
  • 0
    1/2 BATHS
  • 15,900
    SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

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Description

*Buildings able to be purchased individually or together* Don't miss this exclusive value-add opportunity: a 20-unit portfolio sale comprising properties at 125 Main Street, 183 Main Street, 71 Granite Street, 9 Holman Avenue, and 39 Kimball Avenue in Mexico, Maine. This diverse portfolio includes 18 residential units, 2 commercial units, and 3 available garage spaces for rent. Offering high vacancies and rents below market rates, it presents an ideal prospect for growth and long-term investment. Implementing value-add strategies can lead to substantial equity returns. Conveniently situated around Downtown Mexico, these properties boast proximity to restaurants, shops, public amenities, and morea prime investment in a thriving locale! *125 Main is the white building, not the brick building*

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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: 2024-06-18T19:51:54.017.
www.davidmarshallteam.com/homes/145502243
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125 Main Street Mexico, ME 04257

  • Price: $1,000,000
  • Status: Active
  • On Site: Days
  • Updated: 98 min ago
  • MLS #: 1578174
0
Beds
19
Baths
0
½ Baths
0.67
Acres
15,900
SQFT
$63
$/SQFT
1900
Built
County:
Oxford
Area:
Mexico
Property Description
*Buildings able to be purchased individually or together* Don't miss this exclusive value-add opportunity: a 20-unit portfolio sale comprising properties at 125 Main Street, 183 Main Street, 71 Granite Street, 9 Holman Avenue, and 39 Kimball Avenue in Mexico, Maine. This diverse portfolio includes 18 residential units, 2 commercial units, and 3 available garage spaces for rent. Offering high vacancies and rents below market rates, it presents an ideal prospect for growth and long-term investment. Implementing value-add strategies can lead to substantial equity returns. Conveniently situated around Downtown Mexico, these properties boast proximity to restaurants, shops, public amenities, and morea prime investment in a thriving locale! *125 Main is the white building, not the brick building*
Exterior Features

Architectural Style Multi-LevelOther Style Attached Garage YN No Construction Materials Other ExteriorWood Frame Garage YN Yes Lot Features LevelSidewalksIntown Parking On SiteOn Street Parking Features OtherOn SiteDetachedOn Street Roof Other Water View Yes Waterfront Features River Waterfront YN No

Interior Features

Above Grade Finished Area 15900 Basement Exterior EntryBulkheadInterior EntryUnfinished Below Grade Finished Area 0 Cooling None Cooling YN No Flooring Other Heating Other Heat System Heating YN Yes

Property Features

Association YN No Electric Circuit Breakers Gross Income 249010.2 Heat Fuel Oil YN Yes Land Lease YN No Operating Expense 119898.65 Property Seasonal No Sewer Public Sewer Tax Annual Amount 9854.84 Tax Year 2022 Utilities Utilities On Water Body Name Androscoggin River Water Source Public Zoning Res

Maine Real Estate Information Systems logo Listing provided courtesy of Keller Williams Realty: .

© 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: 2024-06-18T19:51:54.017.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.