855.375.4001
Listing Courtesy of: Sherry Robbins - Trinity Business Brokers 207-922-3276
$227,000 affordable loan icon

22 Road Lincoln, ME 04457

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Multi-Family Residence
Beds
3 Baths
... Bed/Bath
2,110 Sq. Ft.

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Last updated on 12/4/2024 7:39 PM
Investment Opportunity: Prime 3-Unit Apartment in a Thriving Community Discover an exceptional investment opportunity with this well-maintained 3-unit apartment complex, perfectly situated in the heart of a vibrant small community. Just a short stroll from bustling restaurants, unique shops, and a ...charming downtown area, these properties boast a prime location that appeals to both residents and investors alike. This delightful locale is enriched by the presence of 13 stunning lakes, creating an ideal environment for outdoor enthusiasts and offering a serene and tranquil living experience. Whether it's a leisurely stroll by the lake or an adventure on the water, this community offers endless enjoyment for nature lovers. Currently, our community is experiencing invigorating economic development, thanks in part to grant funding dedicated to the redevelopment of a historic local factory. This initiative is poised to significantly boost economic growth, making this property not only a wise choice for stable income but also a prospect for significant appreciation over time. The well-maintained properties are home to long-term tenants who cherish their living spaces, emphasizing the stability and desirability of this investment. Moreover, for first-time homebuyers, this presents a unique opportunity: live in one unit while the rental income from the other two units helps pay the mortgage. Furthermore, the property is primed for modern upgrades, with natural gas conveniently running along the road front. It can be converted for a cost of $6,500, enhancing the value and appeal of the units. Take advantage of this rare chance to invest in a flourishing community poised for growth and transformation. Whether you're an investor seeking a reliable income stream or a homebuyer looking for an innovative way to enter homeownership, this opportunity is not to be missed. For more information or to schedule a viewing, please contact us today. Continue reading
MLS#
1608517
Property Type
Multi-Family
Bathrooms
3 Full
Year Built
1900
Square Feet
2,110 sq. ft
Lot Size
0.19

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Listing Courtesy of: Sherry Robbins - Trinity Business Brokers 207-922-3276
Andrea D. Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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.
This content last refreshed on 12/4/2024 7:39 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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