Turnkey 3 units apartment building ready to make you money! Live in one, rent the other two, let the rents pay your mortgage!
Originally a single-family home, this property has been converted into a 2-unit apartment building, offering versatile living arrangements and a great rental history. The first-floor unit features a kitchen area, a bathroom, and three rooms that can be adapted to suit your needs, whether as bedrooms, living spaces, or a combination. The second-floor unit, accessible via an exterior staircase, includes three more bedrooms, a bathroom, and another kitchen area. A shared on-site laundry area is available, though it requires some updates. This property is equipped with a recently installed oil boiler for reliable heating. Conveniently located close to in-town amenities, it's an excellent investment opportunity with a solid rental history. With the flexibility to live in one unit and rent the other, this property provides an excellent opportunity for income generation, potentially covering a significant portion, if not all, of your living costs.
Attention investors and/or families looking for that in-law suite. Having options is where it's at, and being able to have that additional income these days is oftentimes a life-changing choice. Whether you're looking to grow your family or reduce your financial burden, this builders home comes with those options and more. With an outdoor wood furnace as a secondary heating source, the option of that or propane is yours to make. The home is currently set up as a two bedroom, single bath unit on the first and also the second floor. The third floor is set up as an efficiency with one bathroom, and a large deck to relax and take in the stars if that's your thing. The second and third floor have been designed to drop a spiral staircase in, making it a single family, three bedroom two bath unit if you'd prefer. There are definitely some options to be had here! You can enjoy being in the country while bing only 10 minutes or so to Presque Isle, Caribou and Fort Fairfield. Call today to see what possibilities await you here!
The median home value in Presque Isle, ME is $181,200. This is higher than the county median home value of $157,200. The national median home value is $338,100. The average price of homes sold in Presque Isle, ME is $181,200. Approximately 50.8% of Presque Isle homes are owned, compared to 38.99% rented, while 10.22% are vacant. Presque 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 Presque Isle real estate agent to arrange a tour today!
Presque Isle, Maine has a population of 8,859. Presque Isle is less family-centric than the surrounding county with 22.02% of the households containing married families with children. The county average for households married with children is 23.53%.
The median household income in Presque Isle, Maine is $47,853. 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 Presque Isle is 43 years.
The average high temperature in July is 77.2 degrees, with an average low temperature in January of 1.2 degrees. The average rainfall is approximately 38.3 inches per year, with 94.9 inches of snow per year.