Investors take notice, this income generating property with great occupancy history and ease of commute to Augusta or Lewiston/Auburn is available to add to your portfolio, or start your passive income venture.
Here is an excellent 12-unit apartment complex with a nice in-town Winthrop location and walking distance to the public beach at Maranacook Lake. So much to offer; nice mix of apartments, 4-2 beds, 2-3 beds, 6 efficiencies/1 bed, (2 of the units are townhouse style with separate (newer) FHA furnaces) some remodeled units, all with full baths, living rooms, good flooring, etc., water views, good rental history, (some rents are below market) building manager in place, ample parking, lot size over 1 acre, frontage on Mill Stream, close to downtown. Good investment opportunity. Nice and consistent income producer - good long-term investment. Apartments are in big demand at this time.
The median home value in Winthrop, ME is $350,000. This is higher than the county median home value of $274,300. The national median home value is $338,100. The average price of homes sold in Winthrop, ME is $350,000. Approximately 68.78% of Winthrop homes are owned, compared to 18.22% rented, while 13% are vacant. Winthrop 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 Winthrop real estate agent to arrange a tour today!
Winthrop, Maine has a population of 6,103. Winthrop is more family-centric than the surrounding county with 29.66% of the households containing married families with children. The county average for households married with children is 24.69%.
The median household income in Winthrop, Maine is $74,338. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Winthrop is 41.8 years.
The average high temperature in July is 79.2 degrees, with an average low temperature in January of 8.7 degrees. The average rainfall is approximately 44.6 inches per year, with 67.3 inches of snow per year.