Bought with Bean Group
$495,000
$515,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
76 Madison ST North Berwick, ME 03906
6 Baths
2,730 SqFt
Key Details
Sold Price $495,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,730 sqft
MLS Listing ID 1536455
Style Colonial
Full Baths 6
Year Built 1900
Annual Tax Amount $3,687
Tax Year 2021
Lot Size 10,018 Sqft
Property Description
What an opportunity for an investor to start fresh! This is your chance to build wealth with a cash flowing 6 unit with 4 out of the 6 units vacant. Now is your chance to choose your new tenants at current market rents. With a good variety of unit sizes - 2 two bedroom units, 2 one bedroom units, and 2 third floor studios - these units will not stay empty long. A low maintenance property with vinyl siding, newer roof, newer propane monitor heaters in 4 units, replacement windows, and a state-approved lead abatement order recently completed. There is adequate parking in the back of the property which is within walking distance to downtown and a short drive to major employers such as Pratt and Whitney, Hussey Heating, and Hannaford for shopping.
Location
State ME
County York
Zoning Village A, B, C
Interior
Heating Multi-Zones, Direct Vent Heater, Baseboard
Cooling None
Flooring Wood, Laminate, Carpet
Exterior
Parking Features 11 - 20 Spaces, Gravel, On Site, Off Street
Utilities Available 1
View Y/N No
Roof Type Shingle
Building
Lot Description Level, Open Lot, Intown, Near Golf Course, Near Shopping
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
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