Mechanic Falls ME Multi Family for Sale
$279,900
25 Street Mechanic Falls, ME 04256
- Type:
- Multi-Family
- Sq.Ft.:
- 2,952
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1857
- Baths:
- 2.00
- MLS#:
- 1607283
View additional info
Courtesy: On Point Realty
207-754-5058
ADDITIONAL INFORMATION
Great Investment Opportunity! Offset your expenses with this in-town 2-unit property, complete with a spacious barn and bonus space above. Originally a single-family home, it was converted into two separate units, offering flexibility and potential. The first-floor unit features two bedrooms, a formal dining room, a spacious living room, a full bath, and a charming country kitchen with direct access to the porch and backyard. The second-floor unit includes two bedrooms, an open kitchen area, a full bath, and a cozy living area with access to the overhead barn space. While the third floor can't be rented out without town-approved updates—like adding a sprinkler system, inspecting plumbing and wiring, and meeting egress requirements—it offers the possibility of expanding the second unit. Buyers should verify with the town for details on this space. Outside, you'll enjoy a fenced-in backyard, two large covered porches, and on-site parking. Conveniently located near all that Mechanic Falls has to offer, this property also boasts a new roof (2015), a hot air furnace heating the first two floors, and a pellet stove. The third floor is heated with a propane unit, offering year-round comfort. Don't miss out on this versatile property with plenty of potential!
Mechanic Falls Real Estate
The median home value in Mechanic Falls, ME is $318,000. This is higher than the county median home value of $268,100. The national median home value is $338,100. The average price of homes sold in Mechanic Falls, ME is $318,000. Approximately 67.96% of Mechanic Falls homes are owned, compared to 23.39% rented, while 8.64% are vacant. Mechanic Falls 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 Mechanic Falls real estate agent to arrange a tour today!
Mechanic Falls, Maine has a population of 3,109. Mechanic Falls is more family-centric than the surrounding county with 37.79% of the households containing married families with children. The county average for households married with children is 28.32%.
The median household income in Mechanic Falls, Maine is $62,429. The median household income for the surrounding county is $59,287 compared to the national median of $69,021. The median age of people living in Mechanic Falls is 37.9 years.
Mechanic Falls Weather
The average high temperature in July is 79 degrees, with an average low temperature in January of 10.5 degrees. The average rainfall is approximately 47.5 inches per year, with 74.9 inches of snow per year.