Price Reduced 8.28%

$454,000

Est. Mortgage $0/mo *

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Price History

$495,000
9/27/2024

$454,000
11/1/2024

20-22 Lee Road, Lincoln, ME, 04457

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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:

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

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Listing courtesy of Trinity Business Brokers

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Price History

20-22 Lee Road, Lincoln, ME, 04457

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20-22 Lee Road, Lincoln, ME, 04457

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