$644,900
Prime Investment Opportunity - 4-Unit Multi-Family + Convenience Store Near Bates College. Exceptional location just steps from Bates College! This mixed-use property features four residential units plus an on-site convenience store—perfectly positioned to serve the high-demand student and local market. Income Potential: Rents are currently below market, offering immediate upside… Read More for investors. Flexible Use: Ideal for a value-add rehab to maximize rental income—or move-in ready for owner-occupants or tenants. High Visibility: Located in a walkable neighborhood with consistent foot traffic from the college community. Student Appeal: Tap into steady demand from Bates College students, faculty, and staff. Whether you're looking to renovate for increased returns or take advantage of strong existing cash flow, this property is a rare find with unlimited potential. Read Less
Courtesy of Keller Williams Realty 207-344-3300
Listing Snapshot
Days Online
142
Last Updated
Full Baths
4
Square Ft.
2,050
Lot Size
0.16 Acres
Year Built
1900
MLS Number
1630506
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Unfinished"
Building
Architectural Style: "Other", "Colonial", Building Area Total: 2,050, Construction Materials: "Vinyl Siding", "Aluminum Siding", "Wood Frame", Number Of Units Total: 4, Year Built: 1900
Cooling
Cooling: "None"
Expenses
Operating Expense: $16,929
Floors
Flooring: "Vinyl", "Laminate", "Carpet"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Direct Vent Furnace", Heating Included
Income
Gross Income: $48,324
Lot
Features: "Corner Lot", "Sidewalks", "Near Town", 0.16 acres, Area: 0.16, 6,970 square feet
Parking
Features: "1 - 4 Spaces", "Paved", "On Street"
Property
Parcel Number: LEWI-000172-000000-000269, Zoning: NCA
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,337, Tax Lot: 269
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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