Price Reduced 8.28%

$454,000

Est. Mortgage $0/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

Price History

$495,000
9/27/2024

$454,000
11/1/2024

20-22 Lee Road, Lincoln, ME, 04457

20-22 Lee Road, Lincoln, ME, 04457
View larger map Directions

6 Full baths

1900

New Englander

4,400 sqft

Investment Opportunity: Prime Apartment Package in a Thriving Community. Discover a unique opportunity to invest in two well maintained apartments nestled within a vibrant small community. Just a short walk to restaurants, shops and the downtown area make these properties a prime location. This charming locale boasts 13 stunning lakes, perfect for outdoor enthusiasts and creating a serene living environment. Our community is benefiting from grant funding designated for the redevelopment of a local factory, which we anticipate will significantly impact the economic growth in the area making this package a great long term investment. Natural Gas is along the road front and for an invetment of $13,000 the units can be converted. These well maintained properties have housed long term tenants who have truly made these spaces their homes for years. Take advantage of this rare chance to invest in a flourishing community poised for growth.

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

resi

Heating:

Hot Water, Baseboard

Cooling:

None

Basement:

Brick/Mortar, Dirt Floor, Walk-Out Access, Full, Unfinished

Parking:

11 - 20 Spaces, Gravel, On Site

Acreage:

0.37

Est. Taxes:

$3,991

Construction

Wood Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Open Lot, Near Town, Rural

Pet Policy:

No Cats Allowed, No Dogs Allowed

MLS #:

1605186

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

Price Reduced!

$475,000

3 baths

2,677 sqft

5-9 Ossipee Trail E, Standish, ME, 04084

Price Reduced!

$475,000

10 baths

6 Stewart Drive, Strong, ME, 04983

Price Reduced!

$479,900

3 baths

2,284 sqft

1020 Kennebec Road, Hampden, ME, 04444

Price Reduced!

$489,900

2 baths

2,364 sqft

54-56 Third Street, Bangor, ME, 04401

$462,500

2 baths

2,885 sqft

57 Granite Street, Bath, ME, 04530

Price Reduced!

$418,000

3 baths

2,364 sqft

18 Bridge Street, Cornish, ME, 04020

$459,000

4 baths

2,266 sqft

176 Court Street, Bangor, ME, 04401

Price Reduced!

$449,900

2 baths

2,767 sqft

424 Ward Hill Road, Troy, ME, 04987

Price Reduced!

$425,000

2 baths

2,400 sqft

7 & 49 Bowdoin Place, Bangor, ME, 04401

$450,000

2 baths

2,033 sqft

38 Plymouth Street, Portland, ME, 04103

Price Reduced!

$429,000

3 baths

3,400 sqft

13 Pleasant Street, Vinalhaven, ME, 04863

Price Reduced!

$450,000

2 baths

2,886 sqft

25 James Street, Rockland, ME, 04841

$419,500

3 baths

3,503 sqft

34 Main Street, Topsham, ME, 04086

$469,000

2 baths

2,472 sqft

94 Pike Street, Biddeford, ME, 04005

Price Reduced!

$440,000

2 baths

1,792 sqft

108 High Street, #2, Sanford, ME, 04073

$440,000

2 baths

1,822 sqft

82 Foss Street, Biddeford, ME, 04005

New or Coming Soon Properties

New Listing!

$429,000

3.5 baths

3,151 sqft

19 Central Street, Ellsworth, ME, 04605

New Listing!

$524,000

3.5 baths

1,790 sqft

20 Canal Street, Machias, ME, 04654

Price Reduced!

$499,000

2 baths

1,828 sqft

7 Raymond Hill Road, Raymond, ME, 04071

New Listing!

$447,000

3 baths

2,923 sqft

12 Summer Street, Hampden, ME, 04444

New Listing!

$430,000

2 baths

2,593 sqft

2 Weeks Street, Bath, ME, 04530

New Listing!

$399,900

2 baths

2,688 sqft

1 Doughty Way, Windsor, ME, 04363

New Listing!

$375,000

2 baths

1,219 sqft

28 Elm Street, Brunswick, ME, 04011

New Listing!

$389,000

2 baths

2,240 sqft

59 Webber Avenue, Lewiston, ME, 04240

New Listing!

$479,000

2 baths

3,063 sqft

20 Porter Street, Biddeford, ME, 04005

New Listing!

$415,000

2 baths

1,800 sqft

480 Sokokis Trail, Waterboro, ME, 04030

New Listing!

$490,000

3 baths

2,044 sqft

4 & 10 Bogg Mills Lane, Buxton, ME, 04093

Price Reduced!

$409,000

2 baths

1,760 sqft

44 Memory Lane, Arundel, ME, 04046

New Listing!

$489,900

4 baths

4,064 sqft

22 Railroad Avenue, Sanford, ME, 04083

New Listing!

$425,999

3 baths

3,423 sqft

71 Washington Street, Augusta, ME, 04330


Listing courtesy of Trinity Business Brokers