Lincoln ME Multi Family for Sale
$227,000
22 Road Lincoln, ME 04457
- Type:
- Multi-Family
- Sq.Ft.:
- 2,110
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 1608517
View additional info
Courtesy: Trinity Business Brokers
207-922-3276
ADDITIONAL INFORMATION
Investment Opportunity: Prime 3-Unit Apartment in a Thriving Community Discover an exceptional investment opportunity with this well-maintained 3-unit apartment complex, perfectly situated in the heart of a vibrant small community. Just a short stroll from bustling restaurants, unique shops, and a charming downtown area, these properties boast a prime location that appeals to both residents and investors alike. This delightful locale is enriched by the presence of 13 stunning lakes, creating an ideal environment for outdoor enthusiasts and offering a serene and tranquil living experience. Whether it's a leisurely stroll by the lake or an adventure on the water, this community offers endless enjoyment for nature lovers. Currently, our community is experiencing invigorating economic development, thanks in part to grant funding dedicated to the redevelopment of a historic local factory. This initiative is poised to significantly boost economic growth, making this property not only a wise choice for stable income but also a prospect for significant appreciation over time. The well-maintained properties are home to long-term tenants who cherish their living spaces, emphasizing the stability and desirability of this investment. Moreover, for first-time homebuyers, this presents a unique opportunity: live in one unit while the rental income from the other two units helps pay the mortgage. Furthermore, the property is primed for modern upgrades, with natural gas conveniently running along the road front. It can be converted for a cost of $6,500, enhancing the value and appeal of the units. Take advantage of this rare chance to invest in a flourishing community poised for growth and transformation. Whether you're an investor seeking a reliable income stream or a homebuyer looking for an innovative way to enter homeownership, this opportunity is not to be missed. For more information or to schedule a viewing, please contact us today.
$227,000
20 Road Lincoln, ME 04457
- Type:
- Multi-Family
- Sq.Ft.:
- 2,200
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1915
- Baths:
- 3.00
- MLS#:
- 1608516
View additional info
Courtesy: Trinity Business Brokers
207-922-3276
ADDITIONAL INFORMATION
Investment Opportunity: Prime 3-Unit Apartment in a Thriving Community Discover an exceptional investment opportunity with this well-maintained 3-unit apartment complex, perfectly situated in the heart of a vibrant small community. Just a short stroll from bustling restaurants, unique shops, and a charming downtown area, these properties boast a prime location that appeals to both residents and investors alike. This delightful locale is enriched by the presence of 13 stunning lakes, creating an ideal environment for outdoor enthusiasts and offering a serene and tranquil living experience. Whether it's a leisurely stroll by the lake or an adventure on the water, this community offers endless enjoyment for nature lovers. Currently, our community is experiencing invigorating economic development, thanks in part to grant funding dedicated to the redevelopment of a historic local factory. This initiative is poised to significantly boost economic growth, making this property not only a wise choice for stable income but also a prospect for significant appreciation over time. The well-maintained properties are home to long-term tenants who cherish their living spaces, emphasizing the stability and desirability of this investment. Moreover, for first-time homebuyers, this presents a unique opportunity: live in one unit while the rental income from the other two units helps pay the mortgage. Furthermore, the property is primed for modern upgrades, with natural gas conveniently running along the road front. It can be converted for a cost of $6,500, enhancing the value and appeal of the units. Take advantage of this rare chance to invest in a flourishing community poised for growth and transformation. Whether you're an investor seeking a reliable income stream or a homebuyer looking for an innovative way to enter homeownership, this opportunity is not to be missed. For more information or to schedule a viewing, please contact us today.
- Type:
- Multi-Family
- Sq.Ft.:
- 4,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 1900
- Baths:
- 6.00
- MLS#:
- 1605186
View additional info
Courtesy: Trinity Business Brokers
207-922-3276
ADDITIONAL INFORMATION
Investment Opportunity: Prime Apartment Package in a Thriving Community. Discover a unique opportunity to invest in two well maintained apartments nestled within a vibrant small community. Just a short walk to restaurants, shops and the downtown area make these properties a prime location. This charming locale boasts 13 stunning lakes, perfect for outdoor enthusiasts and creating a serene living environment. Our community is benefiting from grant funding designated for the redevelopment of a local factory, which we anticipate will significantly impact the economic growth in the area making this package a great long term investment. Natural Gas is along the road front and for an invetment of $13,000 the units can be converted. These well maintained properties have housed long term tenants who have truly made these spaces their homes for years. Take advantage of this rare chance to invest in a flourishing community poised for growth.
$160,000
55 Road Lincoln, ME 04457
- Type:
- Multi-Family
- Sq.Ft.:
- 1,788
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.82 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1593568
View additional info
Courtesy: RE/MAX Collaborative
207-403-9125
ADDITIONAL INFORMATION
Multi-family property for sale in Lincoln, Maine. The first floor unit features 2 bedrooms, kitchen, living room, a full bathroom, and laundry hookup. The second floor unit features 1 bedroom, kitchen, living room, full bathroom, and laundry hookup. Both units are currently occupied. Great investment opportunity! Close to Mattanawcook Lake, schools, shopping, hospital, and other services that Lincoln has to offer.
Lincoln Real Estate
The median home value in Lincoln, ME is $175,900. This is lower than the county median home value of $227,800. The national median home value is $338,100. The average price of homes sold in Lincoln, ME is $175,900. Approximately 54.54% of Lincoln homes are owned, compared to 21.41% rented, while 24.06% are vacant. Lincoln 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 Lincoln real estate agent to arrange a tour today!
Lincoln, Maine 04457 has a population of 4,854. Lincoln 04457 is less family-centric than the surrounding county with 19.46% of the households containing married families with children. The county average for households married with children is 26.71%.
The median household income in Lincoln, Maine 04457 is $36,411. The median household income for the surrounding county is $55,125 compared to the national median of $69,021. The median age of people living in Lincoln 04457 is 52.5 years.
Lincoln Weather
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 3.9 degrees. The average rainfall is approximately 44 inches per year, with 86.1 inches of snow per year.