20-22 Lee Road, Lincoln, ME, 04457 | $454,000

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.

Features

  • Baths: 6 full
  • Units: 6
  • Style: New Englander
  • Year Built: 1900
  • Heating: Hot Water, Baseboard
  • Cooling: None
  • Basement: Brick/Mortar, Dirt Floor, Walk-Out Access, Full, Unfinished
  • Approx Sq. Feet: 4,400
  • Acreage: 0.37
  • Est. Taxes: $3,991
  • Lot Desc: Level, Open Lot, Near Town, Rural
  • Pet Policy: No Cats Allowed, No Dogs Allowed
  • MLS#: 1605186
  • Website: https://www.raveis.com
    /prop/1605186/2022leeroad_lincoln_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Trinity Business Brokers

William Raveis Family of Services

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888.699.8876

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable