INVESTMENT OPPORTUNITY! This well-maintained 3-unit building and workshop are situated on a quiet in town street. Constructed in the late 1800s and subsequently renovated, each unit has hardwood flooring and original features. Recent updates include new siding, individual water heaters for each unit, heat pumps installed in two of the units, and a central boiler capable of servicing the entire building. The building comprises a 1,100 sq ft 2-bedroom/1-bath unit in the back and three 1-bedroom units in the front part of the building. Offering various possibilities for prospective buyers: rent out all units as an investment, owner occupy one unit and rent out the remaining units to cover expenses, or easily restore the building to its former grandeur as a single-family home. Completing the property is a large back yard and workshop with a loft, presenting yet another opportunity for potential buyers. Don't miss this one of a kind opportunity! **3 of 4 units currently tenant occupied**
The median home value in Vinalhaven, ME is $344,500. This is lower than the county median home value of $369,900. The national median home value is $338,100. The average price of homes sold in Vinalhaven, ME is $344,500. Approximately 33.03% of Vinalhaven homes are owned, compared to 6.62% rented, while 60.35% are vacant. Vinalhaven 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 Vinalhaven real estate agent to arrange a tour today!
Vinalhaven, Maine 04863 has a population of 991. Vinalhaven 04863 is less family-centric than the surrounding county with 14.67% of the households containing married families with children. The county average for households married with children is 22.74%.
The median household income in Vinalhaven, Maine 04863 is $76,979. The median household income for the surrounding county is $63,399 compared to the national median of $69,021. The median age of people living in Vinalhaven 04863 is 63.1 years.
The average high temperature in July is 74.6 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 49.2 inches per year, with 57.7 inches of snow per year.