Investor opportunity in a high-demand location! This updated multifamily property features two fully leased units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit. With modern renovations already completed, this is a true turnkey asset with immediate income and minimal maintenance requirements in an excellent neighborhood.
The current owner has done numerous updates over the last few years including new wiring, new flooring, new heating system, fresh interior paint, new kitchen appliances and a whole new kitchen in the 2 bedroom unit. The property is situated in a desirable neighborhood with strong rental demand, close to public transportation, shopping, schools, and Lake Auburn.
Whether you're looking to expand your portfolio or start with a solid cash-flowing property, this multifamily is a smart, hassle-free investment you won't want to miss. Group showings Saturday and Sunday (7/12 & 7/13) from 11-1. All offers due by Tuesday, July 15th at noon.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $399,000 | $153 | Maine Real Estate Experts |
Year | Annual Amount | Description |
---|---|---|
2024 | $4,926 |
Elementary School Washburn School | 0.4 miles away | KG - 06 | |
Elementary School Park Avenue Elementary School | 0.6 miles away | PK - 06 | |
High School Edward Little High School | 0.9 miles away | 09 - 12 |