ME > Livermore Falls
Livermore Falls, ME 04254,1 Depot ST
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Livermore Falls, ME 04254,1 Depot ST
Livermore Falls, ME 04254,1 Depot ST
Livermore Falls, ME 04254,1 Depot ST
Livermore Falls, ME 04254,1 Depot ST
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Cassie Mason

Cassie Mason

+1(207) 418-1560
Listed by Elevate Maine Realty
$ 325,000
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Pending

1 Depot ST Livermore Falls, ME 04254

3 Baths

6,498 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 6,498 sqft

MLS Listing ID 1621732

Style Other

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,898

Year Built 1890

Annual Tax Amount $3,695

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Source Maine Listings

Property Description

INVESTORS TAKE NOTICE. This property brings so much potential to downtown Livermore Falls. There are currently 3 apartments and 4 commercial spaces. There is a space in the basement that is prime to become the 5th commercial unit with very minimal buildout required, complete with a kitchenette and its own water heater hookup. The second floor is open and ready to add three more apartments or transform into a bustling commercial business. Engineering/Architectural drawings are included to turn the second floor space into an event center upon request. The building comes with its own parking lot and the potential to purchase an additional attached parking lot from the City for $15,000, per current owner.

(2) of the (4) commercial units are presently occupied by an insurance agency and a therapist. (1) of the (3) residential units are presently occupied. Rent on all units is at $700 per month. With a current rental income is $2,100 per month and a potential income of $4,900 per month ($58,800/Yr) at the current rates and in its current state. Operating expenses are roughly $21,000 per year

Please see MLS commercial listing #1621734 for additional information.

Location

State ME

County Androscoggin

Zoning Commercial

Body of Water Androscoggin River

Rooms

Basement Interior, Walk-Out Access, Finished, Full, Unfinished

Interior

Heating Zoned, Hot Water, Heat Pump, Baseboard

Cooling Heat Pump

Flooring Wood, Vinyl, Laminate, Concrete, Carpet

Laundry Washer Hookup

Exterior

Parking Features 11 - 20 Spaces, Concrete

Utilities Available 1

View Y/N No

Roof Type Flat,Membrane,Rolled/Hot Mop

Street Surface Paved

Garage No

Garage No

Building

Lot Description Sidewalks, Intown, Near Shopping

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick,Masonry,Wood Frame

Others

Restrictions Unknown

Energy Description Oil, Electric

Maine MLS (MREIS) IDX
agent

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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