Bought with Town & Shore Real Estate
$499,000
$499,000
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4 Baths
4,038 SqFt
SOLD DATE : 04/30/2025
Key Details
Sold Price $499,000
Property Type Multi-Family
Listing Status Sold
Square Footage 4,038 sqft
MLS Listing ID 1612361
Sold Date 04/30/25
Style Farmhouse
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,038
Originating Board Maine Listings
Year Built 1970
Annual Tax Amount $3,770
Tax Year 2023
Lot Size 4.500 Acres
Acres 4.5
Property Description
Fully Remodeled and updated 4-unit sitting on 4+ private acres. Perfect opportunity for the first time buyer to take advantage of the $14,000 Maine Housing assistance program to help cover down payment and closing costs. All the work has been done to this beautiful farmhouse. All separate utilities including 4 brand new wall hung high efficiency Navian propane combination boiler / hot water heaters professionally installed. $80k in electrical updates to state code, fully separated meters including a new 5 gang, 400 AMP service. Each unit has its own sub-panel. Each unit has brand new stainless-steel appliances, washer/dryer hookups, dishwashers and butcher block counters. Tons of storage in every unit including an attached oversized garage. This home was remodeled with room for expansion in mind for the owner/occupant or investor. The layout is setup up to add additional units or expand two of the units with additional bedrooms and living spaces. Finally, the town will allow for another single family or possibly duplex. 2-first floor 1-BR units. 1 -1 Bedroom 1st floor unit with bonus room (second bedroom or office, and an unfinished basement). 1 - 2nd floor unit with walk-out deck overlooking the property. Large units with tons light and storage. Pro-forma cap rate of 10%.
****Contact CHRIS CYR at 508-310-3409 or by email at Crcyr@comcast.net.
Location
State ME
County Kennebec
Zoning R
Rooms
Basement Interior, Walk-Out Access, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Storage
Heating Zoned, Hot Water, Baseboard
Cooling None
Flooring Vinyl
Fireplaces Number 1
Equipment Internet Access Available, Cable
Fireplace Yes
Laundry Washer Hookup
Exterior
Parking Features Storage Above, 5 - 10 Spaces, Gravel, Common, Off Site, Inside Entrance, Off Street
Garage Spaces 3.0
View Y/N Yes
View Trees/Woods
Roof Type Metal
Street Surface Paved
Porch Deck
Garage Yes
Building
Lot Description Open, Level, Wooded, Near Shopping, Near Town
Story 2
Foundation Concrete Perimeter
Sewer Septic Tank, Private Sewer
Water Private, Well
Architectural Style Farmhouse
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Propane
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