1055 Middle Road Warren, ME

$650,000
Baths 6
Square Footage 1,672
Acres 20.00
Photo of 1055 Middle Road Warren ME 04864




Description

What a great opportunity to invest in a 6-unit multifamily rental, 2- rental buildings, the Main house is a 3-bedroom, 1 bath, Cape that could be an owner occupy. The property has received many updates over the last few years, Seller has replaced carpeting, windows, electric and plumbing updates, Main house roof was shingled 2018 and the back roof was just replaced in 2023, each unit has its own meter and Rinnai heaters for heat make it very easy to manage. Tenants pay their own utilities. The Maine house is a 3 bedroom, 2 bath, the adjacent unit is a 2 bedroom, 1 bath and the remaining 4 units are 1 bedroom, 1 bath with Rinnai heaters, so tenants pay their own utilities. The property has a great rental history, it is currently fully rented and has been re-rented before anyone moves out! There is a large garage for storage or a great workshop, plenty of room on the 20 acres to add another building for additional rental units or build your beautiful new home out back and let rentals help pay your mortgage. Easy to show with notice to tenants.


Listed by ERA Dawson-Bradford Co., Jaime Connell 207-947-6788

Details

MLS 1577685
Status Active
Price $650,000
DOM 214 days
Type Multi-Family
Style Cape, Other Style
Total Baths 6 full baths
Square Feet 1,672 sqft
Lot Size 20.00 acres
Year Built 1972
Taxes Paid $4,710

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $4,710

Room Details

Basement Description Brick/Mortar, Walk-Out Access, Unfinished, Full, Exterior Only, Exterior Entry, Bulkhead

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 3
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 3
Unit 5 Full Baths 1
Unit 5 of Bedrooms 1
Unit 5 of Rooms 3
Unit 6 Full Baths 1
Unit 6 of Bedrooms 1
Unit 6 of Rooms 3

Map

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Financing

$
20%
0.72461538461538%
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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