Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment. A detached 2-car garage provides ample parking and storage, while each unit has its own separate utilities, simplifying management and billing. The property has been very well cared for and is in excellent condition, reflecting pride of ownership. Currently generating over $5,000 per month, it offers strong income potential and cash flow. Additionally, the property has been pre-inspected for general building and septic systems, ensuring peace of mind with no surprises. Whether you're an owner-occupant looking for a live-in space with rental income or an investor seeking a turnkey asset with commercial flexibility, this property presents an outstanding opportunity to own a well-priced, income-producing asset with excellent future potential.
Listed By
Agency Name: Maine Values Real Estate
Agency Phone: 207-838-7773
Shown By
Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123
Estimated Payment
$ 1,552.95 per month $1,112.78 Principal & Interest $294.33 Property Tax $145.83 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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290 Penney Road | MLS# 1678845
This multi-family property located at 290 Penney Road , New Gloucester, ME 04260 is currently listed for sale with an asking price of $499,999. Search New Gloucester real estate on www.spragueandcurtis.com today.