This expansive and well maintained property presents a multitude of possibilities, making it an exceptional investment opportunity. Whether you're seeking an income-generating property or a spacious single-family home, this versatile residence has you covered. With some reconfiguration, this home could easily transform into a generously proportioned single-family residence. Alternatively, it can remain as is, serving as an owner-occupied dwelling with rental units to supplement your income. The main home is impressive, featuring an oversized family room perfect for gatherings and relaxation. It offers 4 or 5 bedrooms, depending on your needs, providing flexibility to utilize the rooms as desired. Additionally, there are 2 full baths and 2 half baths, ensuring convenience for all residents. An office area is an added bonus for those who work from home or need a dedicated workspace. The second level of the property houses two spacious rental units, offering a lucrative opportunity for supplemental income. These units are thoughtfully designed with ample space to accommodate tenants comfortably. Adding to the appeal, a new 2-car garage sits on the property, providing secure parking and storage space for residents. This property enjoys a convenient location, with easy access to amenities and services nearby. Opportunities like this are rare. Don't miss your chance to invest in this versatile property with endless potential. Contact us today to explore how this spacious and well-maintained residence can align with your real estate goals and lifestyle needs.
The median home value in Grand Isle, ME is $92,200. This is lower than the county median home value of $157,200. The national median home value is $338,100. The average price of homes sold in Grand Isle, ME is $92,200. Approximately 64.5% of Grand Isle homes are owned, compared to 12.21% rented, while 23.28% are vacant. Grand Isle 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 Grand Isle real estate agent to arrange a tour today!
Grand Isle, Maine has a population of 419. Grand Isle is less family-centric than the surrounding county with 19.79% of the households containing married families with children. The county average for households married with children is 23.53%.
The median household income in Grand Isle, Maine is $31,339. The median household income for the surrounding county is $47,278 compared to the national median of $69,021. The median age of people living in Grand Isle is 52.3 years.
The average high temperature in July is 75.2 degrees, with an average low temperature in January of -3.9 degrees. The average rainfall is approximately 37.3 inches per year, with 96.4 inches of snow per year.