1 N Main ST Pending

Mechanic Falls,ME 04256

$ 399000

- Bed

3 Baths

2800 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 2,800 sqft

Price per Sqft $142

MLS Listing ID 1615581

Style Colonial

Full Baths 3

Year Built 1900

Annual Tax Amount $4,438

Tax Year 2024

Lot Size 1,742 Sqft

Property Description

Fully occupied and cash flowing property with established tenants who have an excellent rental history. This well built property has received over $150k in renovations and is turnkey. Updates involve 2 full unit remodels from the studs out and a new roof in 2023. Beautiful small town location on the river right beside the dam (not a flood zone) and across the street from a grassy park. Easy walking distance to several restaurants, grocery, convenience, schools, hardware, etc... An excellent choice for investment portfolio or choose to live very affordably with a potential owner occupancy. Opportunity exists to increase revenues including finishing 3rd floor for additional unit with town approval. Group showings 3/15 from 2-3:30pm.

Location

State ME

County Androscoggin

Zoning Downtown Business

Interior

Heating Multi-Zones,Hot Water,Baseboard

Cooling None

Flooring Wood,Vinyl,Laminate

Equipment Internet Access Available

Laundry Washer Hookup

Exterior

Parking Features 1 - 4 Spaces,Gravel,Common,Off Street,On Street

Utilities Available 1

Waterfront Description River

View Y/N No

Roof Type Shingle

Building

Lot Description Corner Lot,Sidewalks,Intown,Near Shopping

Foundation Granite,Concrete Perimeter,Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Schools

School District Rsu 16

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