Description
Incredible investment opportunity here! The massive main house with beautiful hardwood floors and the four converted units in the barn are all currently rented with long term tenants. All units have their own washer/dryer hookups, and a nice porch. They are rented below market value but still have good cash flow. The tenants pay all utilities. They are also responsible for lawn care and most of the snow removal. All but one unit is month to month so there is room to raise the rents. You could live in the main house yourself and rent out the other unites to pay your mortgage or rent out your house room by room for even more income. There is more space in the attic that could be finished as well. The opportunities are endless! Newer furnace. Beautiful yard with a country feel, so you or the tenants don't have to deal with all the in-town noise which has been a big hit with this location. Conveniently located 20 minutes to Waterville, 30 minutes to Augusta, 30 minutes to Belfast, 45 minutes to Bangor, and 10 minutes to beautiful China Lake. Come take advantage of this unique opportunity!
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0BEDS
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1.4ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Incredible investment opportunity here! The massive main house with beautiful hardwood floors and the four converted units in the barn are all currently rented with long term tenants. All units have their own washer/dryer hookups, and a nice porch. They are rented below market value but still have good cash flow. The tenants pay all utilities. They are also responsible for lawn care and most of the snow removal. All but one unit is month to month so there is room to raise the rents. You could live in the main house yourself and rent out the other unites to pay your mortgage or rent out your house room by room for even more income. There is more space in the attic that could be finished as well. The opportunities are endless! Newer furnace. Beautiful yard with a country feel, so you or the tenants don't have to deal with all the in-town noise which has been a big hit with this location. Conveniently located 20 minutes to Waterville, 30 minutes to Augusta, 30 minutes to Belfast, 45 minutes to Bangor, and 10 minutes to beautiful China Lake. Come take advantage of this unique opportunity!
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-07-01T14:48:30.467.
