nvestment Opportunity: 62-Acre Waterfront Development on Molasses Pond, Eastbrook, Maine. This prime property offers significant development potential on a serene, pristine lake. The offering includes: -A 2023-built, 3-bedroom, 2-bath year-round home (94 Sugar Cove) with radiant and electric heat, full generator, fiber optic internet, and RV hookup. -One waterfront lot (384 ft frontage) with approved septic design. -Four expansive stream-front lots (6-10 acres) with power, fiber optic connections, and deeded water access. -Four additional lots (5-6 acres) with deeded access to Molasses Pond, power, and fiber optic connections. One cleared lot with walk-out basement potential, ready for construction. The existing home features an open floor plan, hickory cabinets, butcher block countertops, and stunning lake views. Additional amenities include a covered porch, fire pit with boulder backdrop, and high-bush blueberries. This property facilitates phased development and individual lot sales, maximizing ROI.
Investment opportunity in Franklin! US Postal Service leases this building and has since 1978. Built specifically for the Post Office, this 1 bath 768 sq ft building is solid and has ample paved parking. Current lease runs through January 31, 2027. Shed at rear of building is owned by the Postal Service.
The median home value in Franklin, ME is $260,000. This is lower than the county median home value of $345,300. The national median home value is $338,100. The average price of homes sold in Franklin, ME is $260,000. Approximately 52.97% of Franklin homes are owned, compared to 9.8% rented, while 37.23% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!
Franklin, Maine 04634 has a population of 1,517. Franklin 04634 is less family-centric than the surrounding county with 19% of the households containing married families with children. The county average for households married with children is 24.7%.
The median household income in Franklin, Maine 04634 is $49,500. The median household income for the surrounding county is $60,354 compared to the national median of $69,021. The median age of people living in Franklin 04634 is 55 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 7.3 degrees. The average rainfall is approximately 47.2 inches per year, with 68.6 inches of snow per year.