1900
10,000 sqft
Commercial building with 4 apartment units on the second floor. 1 unit has 2 bedrooms and the other 3 are 1 bedroom units. On site laundry is set between the 4 units. The main level has 2 large commercial spaces. Building has a full sprinkler system that is currently out of service and is zoned Urban Residential 2 and Business. Property includes parking lot across the street of nearly 1/4 acre, enough to park multiple cars. The full basement is under the entire building and would be the perfect place for storage. Building is sprinklered and is zoned Urban Residential 2 and Business. This property would make a great investment as the income from the units would pay the mortgage and property taxes. Due to deferred maintenance the building is being sold ''as is'' and a property inspection is recommended. It will be conveyed with a municipal release deed, which may require a cash buyer.The Seller's title is premised upon the statutory foreclosure of Municipal Tax Lien(s) pursuant to 36 M.R.S. §943. As such, the Seller will provide only a Municipal Release Deed, without warranty or covenant of good, marketable, or insurable title.
Status:
Active
Type:
Commercial
Zoning:
Urb Res 2, business
Heating:
Hot Water
Cooling:
None
Basement:
Full
Parking:
1 - 4 Spaces, Paved
Acreage:
0.58
Est. Taxes:
$5,342
Construction
Clapboard, Wood Frame
Lot Description:
Waterfront, Water View, Public Transport Access, Near Airport, Downtown, Business District, Near Shopping
Waterfront:
Yes
MLS #:
1648949
Community Info
School Info
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Listing courtesy of Big Bear Real Estate Company