Price Reduced 8.96%
Price History
$120,000
5/18/2024
$110,000
8/7/2024
$109,500
10/7/2024
$109,250
10/21/2024
333 Penobscot Avenue, Millinocket, ME, 04462
2 Full baths
1902
Multi-Level
1,464 sqft
SELLERS ARE OFFERING A GENEROUS SELLERS CREDIT TOWARDS BUYER CLOSING EXPENSES FOR ALL AGEED UPON OFFERS PRIOR TO NOVEMBER 1. BACK ON MARKET DUE TO BUYERS FAILED FINANCING- AT NO FAULT OF THE SELLER Do not miss this instant equity & instant cashflow opportunity at the foot Baxter. This turn-key duplex is conveniently located near downtown Millinocket. Both units are fully rented at market rents with flawless payment history. The building appraised at almost 15% over ask price less than a year ago. The boiler in the unit has been serviced annually. Both apartments are two bedrooms, one bath with an expandable space that could be converted into a studio. Although the property has been well maintained, there is plenty of opportunity for value adds. Schedule a showing today as the seller will take it off the market in November if it does not reach a contract.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Washer Hookup
Units:
2
Zoning:
082
Heating:
Multi-Zones, Hot Water, Baseboard
Cooling:
None
Basement:
Partial, Interior Entry, Unfinished
Parking:
1 - 4 Spaces, Gravel, Common
Acreage:
0.14
Est. Taxes:
$1,021
Construction
Shingle Siding, Asbestos, Wood Frame
Utilities
Utilities On
Lot Description:
Corner Lot, Landscaped, Intown
MLS #:
1590128
Community Info
School Info
Walk Score
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Listing courtesy of RE/MAX Collaborative