Fully occupied 3-unit multifamily generating immediate income with all units currently rented, providing a strong foundation for consistent cash flow. Tenants are responsible for both electric and heat, helping reduce owner expenses and support healthier operating margins. This property is well suited for an investor seeking a performing multifamily asset or an owner-occupant looking to offset their mortgage with rental income. The unit layout offers flexibility in both management and future improvements. A solid multifamily opportunity with in-place income, favorable utility structure, and long-term upside potential.
Courtesy of Elevate Maine Realty 207-203-9022
Listing Snapshot
Days Online
90
Last Updated
Full Baths
3
Square Ft.
2,322
Lot Size
0.21 Acres
Year Built
1920
MLS Number
1652531
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Exterior Only", "Full", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 2,322, Construction Materials: "Wood Frame", "Vinyl Siding", Number Of Units Total: 3, Year Built: 1920, 3 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $25,019
Exterior Features
Other Equipment: "Cable"
Floors
Flooring: "Laminate", "Wood"
Foundation
Foundation Details: "Poured Concrete"
Heating
Heating: "Electric", "Baseboard", "Zoned", Heating Included
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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