Grand Isle ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
7,465
Status:
Active
Beds:
n/a
Lot size:
0.55 Acres
Year built:
1951
Baths:
6.00
MLS#:
1596038

ADDITIONAL INFORMATION

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.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.



Grand Isle Real Estate

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 04746 has a population of 419. Grand Isle 04746 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 04746 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 04746 is 52.3 years.

Grand Isle Weather

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.

Grand Isle Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    7
    30-day change

Grand Isle Schools and Demographics

Education near Grand Isle, ME

Metric City County
High School Graduates 87 90.37
College Degree - 2 year 11.27 11.38
College Degree - 4 year 11.85 20.31
Graduate Degree 1.73 4.85
Expenditures per Student 17,923 17,923
Students per Teacher 11.9 11.9

Elementary Schools near Grand Isle, ME

School Grades Students P/T Ratio ZIP
Dr Levesque Elementary School PK - 06 121 11.4 04745
Madawaska Elementary School PK - 06 218 11.2 04756
Van Buren Elementary School PK - 08 220 16.2 04785

High Schools near Grand Isle, ME

School Grades Students P/T Ratio ZIP
Madawaska Middle/High School 07 - 12 242 12.4 04756
Van Buren District Secondary School 09 - 12 80 6.2 04785
Wisdom Middle High School 07 - 12 129 11.3 04772

Ungraded Schools near Grand Isle, ME

School Grades Students P/T Ratio ZIP
St. John Valley Technology Center UG - UG 0 0 04745
Van Buren Regional Technology Center UG - UG 0 0 04785

Demographics near Grand Isle, ME 04746

Metric Zip Code City
Neighborhood Type Small Town
Population 419 67,272
Population Density 12 10
Median Age 52.3 47.9
People per Household 2.1 2.3
Median Household Income 31,339 47,278
Average Income per Capita 22,989 28,682