Investors take notice!! Purchase this property and instantly start making money. Spacious, well maintained, fully rented with mostly longer term tenants, four unit building with three two bedroom units and one three bedroom unit. Each unit has one bathroom. Many recent updates including water heaters, well pump and holding tank. The back property line is the Carrabassett stream offering nice views and the opportunity to take your canoe or kayak all the way to Sibley pond! Great location!
Opportunity to bring this 5 unit building back to life and its full income potential. In the past it had three rental units and two commercial rental units. The owner made 5 rental units. Sitting on a corner lot with 200' on Carrabassett Stream.
Canaan is located in Maine. Canaan, Maine has a population of 2,374. Canaan is more family-centric than the surrounding county with 32.32% of the households containing married families with children. The county average for households married with children is 23.54%.
The median household income in Canaan, Maine is $50,909. The median household income for the surrounding county is $47,488 compared to the national median of $69,021. The median age of people living in Canaan is 38.7 years.
The average high temperature in July is 79.2 degrees, with an average low temperature in January of 4 degrees. The average rainfall is approximately 42.4 inches per year, with 69.9 inches of snow per year.