Active

1055 Middle Road

Warren ME, 04864

$650,000


Active

6 Baths

1,672 sqft

Multi-family

Built in 1972

Courtesy of ERA Dawson-Bradford Co.

What a great opportunity to invest in a 6-unit multifamily rental, 2- rental buildings, the Main house is a 3-bedroom, 1 bath, Cape that could be an owner occupy.
The property has received many updates over the last few years, Seller has replaced carpeting, windows, electric and plumbing updates, Main house roof was shingled 2018 and the back roof was just replaced in 2023, each unit has its own meter and Rinnai heaters for heat make it very easy to manage. Tenants pay their own utilities. The Maine house is a 3 bedroom, 2 bath, the adjacent unit is a 2 bedroom, 1 bath and the remaining 4 units are 1 bedroom, 1 bath with Rinnai heaters, so tenants pay their own utilities. The property has a great rental history, it is currently fully rented and has been re-rented before anyone moves out! There is a large garage for storage or a great workshop, plenty of room on the 20 acres to add another building for additional rental units or build your beautiful new home out back and let rentals help pay your mortgage. Easy to show with notice to tenants.

1577685

MLS ID

May 13, 2024

Listed

August 23, 2024

Updated

Map

1055 Middle Road
Warren ME, 04864

Interior Features

Total Stories

2


Total Bathrooms

6


Full Bathrooms

6


Interior Features

1 st Floor Bedroom, One-Floor Living


Laundry Description

Laundry - 1 st Floor, Main Level, Washer Hookup, Laundry - Coin


Floor Description

Wood, Vinyl, Tile, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Direct Vent Heater

Exterior/Building Features

Lot Size

20 Acres


Lot Features

Open Lot, Rolling Slope, Wooded, Near Public Beach, Near Shopping, Rural


Architectual Style

Cape, Other Style


Roof

Shingle


Sewer

Private Sewer, Septic Existing on Site

Other Property Details

Taxes

$4,422


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

11 - 20 Spaces, Paved, Common, On Site, Detached, Off Street


View

Yes


View Description

Trees/Woods, Fields


County

Knox


Water Source

Private, Well


Pool

No


Zoning

Multifamily

Listing History

Date

Event

Price

7/25/2024

Price change

$650,000

-14%

Listing Contact: 207-691-1130

Courtesy of  ERA Dawson-Bradford Co.

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Melanie Trott shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:02 PM UTC, 8/23/2024

 

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