Well-maintained 6-unit multifamily property situated on 20 acres, offering strong income potential and future development opportunities. The property consists of two residential buildings and includes a 3-bedroom, 2-bath Cape-style home that may be suitable for owner occupancy.The unit mix includes one 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and four 1-bedroom, 1-bath units. Each unit is separately metered and equipped with Rinnai heaters, allowing tenants to pay their own utilities.Numerous updates have been completed in recent years, including replacement carpeting, updated windows, electrical and plumbing improvements, a new shingle roof on the main house in 2018, and a new rear building roof in 2023.The property has a strong rental history and is currently fully occupied. Additional features include a large garage suitable for storage or workshop space. The expansive 20-acre lot offers potential for additional development, subject to local approvals. Conveniently located and easy to show with advance notice to tenants.
Listed By
Agency Name: ERA Dawson-Bradford Co.
Agency Phone: 207-947-6788
Shown By
Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123
Estimated Payment
$ 2,028.70 per month $1,446.62 Principal & Interest $392.50 Property Tax $189.58 Homeowner's Insurance
1055 Middle Road | MLS# 1666844
This multi-family property located at 1055 Middle Road , Warren, ME 04864 is currently listed for sale with an asking price of $650,000. Search Warren real estate on www.spragueandcurtis.com today.