Bought with NextHome Northern Lights Realty
$450,000
$450,000
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4 Baths
2,504 SqFt
SOLD DATE : 01/31/2025
Key Details
Sold Price $450,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,504 sqft
MLS Listing ID 1611686
Sold Date 01/31/25
Style Other,Colonial
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,504
Originating Board Maine Listings
Year Built 1900
Annual Tax Amount $4,806
Tax Year 2023
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Double the Duplex - 4 Units Await Your Portfolio!
This rare property offers the chance to own two duplexes on a single lot, delivering stable rental income and excellent growth potential. Located on a quiet dead-end street yet close to all amenities, it combines tenant appeal with solid returns. With public water and sewer, plus natural gas for efficient heating, this property is designed for low-maintenance investment success.
The front building at 20 Blake Street features a fully renovated and leased 2-bedroom apartment on the first floor, updated to the studs for modern living. Upstairs, a vacant 1-bedroom apartment is ready to be occupied. With a 2021 metal roof and three electrical meters, this building is designed for efficient management and long-term performance.
The back building at 18 Blake Street offers two renovated 2-bedroom apartments, both currently leased. It includes updated electrical systems, three electrical meters, a 2021 metal roof, and a deck built to code, ensuring durability and low upkeep.
A spacious yard enhances tenant appeal, offering a shared outdoor space for relaxation and enjoyment. With a strong rent roll and room for growth, this property is a fantastic addition to any investor's portfolio—whether owner-occupied or fully rented.
Don't miss out—schedule your showing today and secure this 4-unit opportunity!
Location
State ME
County Penobscot
Zoning HDR
Rooms
Basement Interior, Full, Exterior Only, Unfinished
Interior
Heating Heat Pump, Forced Air, Direct Vent Heater, Baseboard
Cooling Heat Pump
Flooring Vinyl, Laminate
Exterior
Parking Features Paved, On Site
Utilities Available 1
View Y/N Yes
View Trees/Woods
Roof Type Metal
Street Surface Paved
Garage No
Building
Lot Description Open, Level, Intown
Sewer Public Sewer
Water Public
Architectural Style Other, Colonial
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural, Electric
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