$1,500,000

Est. Mortgage $0/mo *

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2 Hopes Place, Bradley, ME, 04411

2 Hopes Place, Bradley, ME, 04411
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1990

9,596 sqft

Excellent immaculate investment property 15 minutes from Bangor or 5 miles from the University of Maine. 7 townhouse units, in two separate buildings, each with two bedrooms and 1.5 bath, large eat in kitchen and living room. Sliders to open area for garden or enjoyment. There is an owner residence with an attached two car garage, two bedrooms, two en suites, living room, dining room, office den and gorgeous stone patio for entertaining. The owner's residence is located at the end of the second building for complete privacy or rental premium. Each building has a boiler room with laundry, well and septic. Generator on demand runs the heat, hot water, well and septic for both buildings. Complex has a workshop and 16 storage units for additional income.Undeveloped land can accommodate more units with adequate soils test and town approval. Excellent financials and cap rate. Fully occupied (owners residence will be vacant at or before closing) with long term tenancy. Leases run annually from September through August.

Status:

Active

Type:

Commercial

Zoning:

RES

Heating:

Baseboard

Parking:

1 - 4 Spaces, On Site, Paved, Off Street

Acreage:

5.15

Est. Taxes:

$11,996

Construction

Vinyl Siding, Wood Frame

Lot Description:

Rural

Amenities:

Storage

MLS #:

1599625

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of ERA Dawson-Bradford Co.