$625,000
Perfect investment opportunity for someone looking to add to their portfolio or develop more housing units.This property is currently being used as a 2 unit and the land it sits on is zoned to allow a total of 6 units. The current owner has gone through all of the permitting… Read More and approval process' to develop an additional 5 units on the property - with this plan you would need to convert the 2 unit back into a single family. There are other development opportunities a new owner could explore as well. Any additional units would require condos - the seller has already started this process as well. This really is a great opportunity! Read Less
Courtesy of Landing Real Estate 207-775-7653
Listing Snapshot
Days Online
327
Last Updated
Full Baths
3
Square Ft.
2,314
Lot Size
0.75 Acres
Year Built
1925
MLS Number
1575683
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Full", "Exterior Entry", "Bulkhead", "Interior Entry", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 2,314, Construction Materials: "Wood Siding", "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1925
Cooling
Cooling: "None"
Expenses
Operating Expense: $6,640
Floors
Flooring: "Wood"
Foundation
Foundation Details: "Block", "Brick/Mortar"
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $26,400
Lot
Features: "Level", "Sidewalks", "Near Town", "Neighborhood", 0.75 acres, Area: 0.75, 32,670 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Parcel Number: SACO-000067-000021, Zoning: R-2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,980, Tax Lot: 021
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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