INVESTMENT OPPORTUNITY! Don't miss your chance to own a unique property featuring two homes on one lot! This versatile offering presents an ideal setup—live in the single-family home while you renovate the two-family residence for rental income.
Built in 1870, the two-family home at offers incredible potential. The first-floor unit is a 2-bedroom, 1-bath apartment that has been taken down to the studs, presenting a blank canvas for your creative vision. Upstairs, the second-floor unit features 2 bedrooms and 2 bathrooms and is in need of some TLC to restore its original charm. Both units include separate laundry rooms with washer/dryer hookups, providing added convenience for future tenants.
The 1930 Cape-style home has been recently remodeled, showcasing numerous upgrades made by the current owner. The kitchen features new quartz countertops, updated cabinets, a microwave, and some new flooring. The home has been refreshed with new drywall and paint, as well as updated light fixtures, switches, and receptacles throughout. The bathroom has been remodeled. System upgrades include a new oil tank, baseboard and kick-space heaters, sump pump, and an improved heating system for better efficiency.
There is water damage in the dining room ceiling of the Cape due to a storm-related power outage in December 2024, which has affected the heating system and electrical. Additionally, the two-family home has been mostly gutted and will require renovation before it can be occupied. This property is brimming with potential—whether you're looking to renovate, rent, or resell, this is an investment opportunity you don't want to miss!
*Will not qualify for all financing. Cash or renovation loan.*
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $315,000 | $102 | Fontaine Family-The Real Estate Leader |
Year | Annual Amount | Description |
---|---|---|
2023 | $4,832 |
Elementary School East Auburn Community School | 0.1 miles away | KG - 06 | |
Elementary School Washburn School | 2.6 miles away | KG - 06 | |
Elementary School Park Avenue Elementary School | 3.3 miles away | PK - 06 |