363 Windsor Road, China, ME, 04358 | $499,000

Fully Remodeled and updated 4-unit sitting on 4+ private acres. Perfect opportunity for the first time buyer to take advantage of the $14, 000 Maine Housing assistance program to help cover down payment and closing costs. All the work has been done to this beautiful farmhouse. All separate utilities including 4 brand new wall hung high efficiency Navian propane combination boiler / hot water heaters professionally installed. $80k in electrical updates to state code, fully separated meters including a new 5 gang, 400 AMP service. Each unit has its own sub-panel. Each unit has brand new stainless-steel appliances, washer/dryer hookups, dishwashers and butcher block counters. Tons of storage in every unit including an attached oversized garage. This home was remodeled with room for expansion in mind for the owner/occupant or investor. The layout is setup up to add additional units or expand two of the units with additional bedrooms and living spaces. Finally, the town will allow for another single family or possibly duplex. 2-first floor 1-BR units. 1 -1 Bedroom 1st floor unit with bonus room (second bedroom or office, and an unfinished basement). 1 - 2nd floor unit with walk-out deck overlooking the property. Large units with tons light and storage. Pro-forma cap rate of 10%.

****Contact CHRIS CYR at 508-310-3409 or by email at Crcyr@comcast. net.

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