Bought with Portside Real Estate Group
$392,000
$425,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Baths
2,400 SqFt
SOLD DATE : 10/04/2024
Key Details
Sold Price $392,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,400 sqft
Subdivision No
MLS Listing ID 1600325
Sold Date 10/04/24
Style Multi-Level,Victorian
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,400
Originating Board Maine Listings
Year Built 1890
Annual Tax Amount $2,107
Tax Year 2024
Lot Size 1.180 Acres
Acres 1.18
Property Description
FABULOUS INVESTMENT OPPORTUNITY! Own three rental units that can fully cover your mortgage with a 100% profit, or live in one unit and have the mortgage paid for you! This charming and well-maintained historic 3-unit, 2-story home is located in the village of North Bridgton. The home is proud to have maintained the original double entrance door of an 1880's schoolhouse. The first floor features a spacious 3-bedroom, 1-bath unit, while the second floor offers two additional units: one with 2 bedrooms and the other with 1 bedroom, each equipped with a full bath. The property includes oil and propane heating, wood floors, a full basement for storage, an attic, and a large deck for each unit. Ample parking is available, and each unit has separate utility meters. The home boasts a metal roof, vinyl siding, and a yard filled with fruit bushes, offering plenty of outdoor space, and is serviced by town water. Originally built as a schoolhouse in the 1890s, this pet-friendly building is conveniently located within walking distance to the quaint North Bridgton Post Office and Bridgton Academy, where you can enjoy watching sporting events. Bridgton is a vibrant community with abundant amenities, including lakes, restaurants, golf, Hannaford, a hospital, Pleasant Mountain for downhill skiing or hiking, art galleries, Reny's, and more. Come live and play in Bridgton where you can experience year-round recreation and a lovely place to live.
Location
State ME
County Cumberland
Zoning RES
Rooms
Basement Brick/Mortar, Walk-Out Access, Full, Interior Entry, Unfinished
Interior
Interior Features 1st Floor Bedroom, Bathtub, Shower, Storage
Heating Forced Air, Direct Vent Furnace
Cooling None
Flooring Wood, Vinyl
Laundry Laundry - 1st Floor, Main Level
Exterior
Garage 5 - 10 Spaces, Gravel, Paved
Waterfront No
View Y/N Yes
View Trees/Woods
Roof Type Metal
Street Surface Paved
Porch Deck
Parking Type 5 - 10 Spaces, Gravel, Paved
Garage No
Building
Lot Description Rolling Slope, Wooded, Near Golf Course, Rural
Story 2
Foundation Slab, Brick/Mortar
Sewer Septic Design Available, Septic Existing on Site
Water Public
Architectural Style Multi-Level, Victorian
Structure Type Vinyl Siding,Brick,Wood Frame
Schools
School District Rsu 61/Msad 61
Others
Restrictions Unknown
Energy Description Oil, Gas Bottled
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