Courtesy: Meservier & Associates
207-784-2525
Excellent investment opportunity featuring 7 updated units with strong cash flow and impressive energy efficiency thanks to spray foam insulation throughout. Situated on an expansive 60-acre parcel, this property offers incredible potential for future development and added income opportunities. With ample land and flexibility, possibilities may include additional apartment buildings, storage units, or even a residential subdivision. Whether you're looking to expand your portfolio, develop further, or hold as a long-term investment, this property offers both immediate returns and exceptional upside potential. Bring your vision and unlock even more value from this unique opportunity.
Litchfield is located in Maine. Litchfield, Maine has a population of 3,587. Litchfield is more family-centric than the surrounding county with 27.66% of the households containing married families with children. The county average for households married with children is 24.69%.
The median household income in Litchfield, Maine is $71,691. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Litchfield is 49.1 years.
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 8.7 degrees. The average rainfall is approximately 44.3 inches per year, with 67.4 inches of snow per year.
