2 Western Avenue Hampden, ME

$524,000
Square Footage 3,968
Acres 0.20
Photo of 2 Western Avenue Hampden ME 04444




Description

Location, Location, Location! Are you an investor looking for a building with an excellent history and income potential? First floor business and second floor apartments are found in this beautiful historic building. This is an opportunity you don't want to miss! Located in a prime area, with great visibility and a high traffic count at the corner of the Hampden Town Center. This successful hair salon has been a part of the community for over three decades. The opportunity for this to continue as a salon is here; how about the option to add another apartment, owner occupy being a great option, making this a four unit building; fantastic office space or so many other endless options for the first floor. Currently there is additional leased space on the first floor, a nail salon and an esthetician both with its own private entrance, each currently rents for $175 per week. The first floor has 1984 square feet. The second floor features three 1 bedroom apartments, all three units are currently rented out. This building presents several income opportunities. Come to Hampden and be part of this prosperous community.


Listed by NextHome Experience, Christina Patin 207-573-7400

Details

MLS 1601690
Status Active
Price $524,000
DOM 110 days
Type Commercial
Square Feet 3,968 sqft
Lot Size 0.20 acres
Year Built 1890
Taxes Paid $3,167

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $3,167

Room Details

Basement Description Dirt Floor, Unfinished, Full

Map

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Financing

$
20%
0.6043893129771%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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