Bought with Tim Dunham Realty
$281,000
$289,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
2,685 SqFt
SOLD DATE : 08/05/2024
Key Details
Sold Price $281,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,685 sqft
MLS Listing ID 1593417
Sold Date 08/05/24
Style New Englander,Victorian
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,685
Originating Board Maine Listings
Year Built 1920
Annual Tax Amount $2,612
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Located on Benton Avenue, this well-maintained 4-unit apartment building offers excellent income potential. Each unit features one bedroom and a full bath, providing comfortable living spaces for tenants. The flooring varies throughout the units, with a mix of hardwood, carpet, laminate, and vinyl. On the third floor, discover a small two-room area with an extra bathroom—perfect for storage or creative use. Currently, two units are rented, ensuring immediate cash flow and two additional units are ready for occupancy, allowing you to choose your tenants. Consider living in one unit while having tenants cover your mortgage or explore the potential for short-term rentals. Offered at $289,900, this property presents an affordable investment opportunity, as rents are in line with current rental prices. Benton Avenue is conveniently situated near the local football field, the Kennebec River, and offers easy access to neighboring towns and amenities. The property has been meticulously maintained by the same owner since 1981. Whether you're an investor, homeowner, or entrepreneur, this property invites you to explore its potential.
Location
State ME
County Kennebec
Zoning MU
Rooms
Basement Brick/Mortar, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Attic, Shower
Heating Multi-Zones, Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl, Laminate, Carpet
Fireplace No
Laundry Washer Hookup
Exterior
Garage 1 - 4 Spaces, Gravel
Waterfront No
View Y/N No
Roof Type Shingle
Street Surface Paved
Porch Porch
Parking Type 1 - 4 Spaces, Gravel
Garage No
Building
Lot Description Corner Lot, Level, Open Lot, Rolling Slope, Intown
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style New Englander, Victorian
Structure Type Asbestos,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "