85 Bancroft Road

Danforth, ME 04424

MLS ID# 1458096 Closed

Closed $650,000

0 parking spaces
1 sqft


Description

If you are seeking the security of an investment property income, this very well maintained and fully occupied complex may be just what you are looking for! Built in 1986 as a State of Maine housing project, it features 22 one bedroom apartments and... show more

Location Information

  • Street # 85
  • Street Name Bancroft
  • Street Type Road
  • County Washington
  • Town Danforth
  • State/Province ME
  • Zip Code 04424
  • Zip +4 3154
  • Leased Land No
  • Book 3586
  • Page 196
  • Map 29
  • Lot 35/36
  • Zoning Residential
  • Zoning Overlay Yes
  • Tax ID 16410-15-08A
  • Association No
  • Full Tax Amount 19007
  • Tax Year 2019

Property Information

  • Surveyed Yes
  • Seasonal No
  • Owner Occupied No
  • Deed/Conveyance Type Offered Warranty
  • Deed All
  • Deed Restrictions Unknown
  • 2 Detached Houses on 1 Lot No
  • Number of Units 24
  • Total Baths 20
  • Total Full Baths 20
  • Total Half Baths 0
  • Color Blue
  • Year Built 1986
  • SqFt Finished Above Grade 1
  • SqFt Finished Below Grade 0
  • SqFt Finished Total 1
  • SqFt Source Public Records
  • Garage No
  • Garage Spaces 0
  • Lot Size Acres +/- 2.4
  • Source of Acreage Public Records

Compensation & Misc Info

  • Buyer Agency 2.4%

Details

  • Site

    Level, Open, Well Landscaped

  • Roads

    Paved, Public

  • Water Info

    No Water Frontage, No Water View

  • View

    Fields, Trees/Woods

  • Building Info

    # Fireplaces:0, # Stories:2, # Floors:2, # Heating Units:25, # Water Heaters:25

  • Income & Expenses

    Gross Income:114735, Operating Expenses:44650

  • Units

    # of 1 BD Units:22, # of 2 BD Units:2, # of 3 BD Units:0, # of 4+ BD Units:0

  • Unit 1

    No Lease, Level:First, No Security Deposit, Monthly Rent:350, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 2

    No Lease, Level:First, No Security Deposit, Monthly Rent:445, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 3

    No Lease, Level:First, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 4

    No Lease, Level:First, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 5

    No Lease, Level:First, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 6

    No Lease, Level:First, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 7

    No Lease, Level:First, No Security Deposit, Monthly Rent:400, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 8

    No Lease, Level:First, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 9

    No Lease, Level:First, No Security Deposit, Monthly Rent:400, # Full Baths:1, # Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 10

    No Lease, Level:First, No Security Deposit, Monthly Rent:425, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 11

    No Lease, Level:First, No Security Deposit, Monthly Rent:425, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 12

    No Lease, Level:First, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 13

    No Lease, Level:Second, No Security Deposit, Monthly Rent:350, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 14

    No Lease, Level:Second, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 15

    No Lease, Level:Second, No Security Deposit, Monthly Rent:350, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 16

    No Lease, Level:Second, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 17

    No Lease, Level:Second, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 18

    No Lease, Level:Second, No Security Deposit, Monthly Rent:375, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 19

    No Lease, Level:Second, No Security Deposit, Monthly Rent:395, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Unit 20

    No Lease, Level:Second, No Security Deposit, Monthly Rent:395, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

  • Style

    Multi-Level

  • Construction

    Wood Frame

  • Basement

    Slab

  • Basement Entry

    Not Applicable

  • Foundation Materials

    Poured Concrete

  • Exterior

    Vinyl Siding

  • Roof

    Shingle

  • Heat System

    Baseboard

  • Heat Fuel

    Electric

  • Water Heater

    Electric

  • Cooling

    None

  • Floors

    Carpet, Vinyl

  • Amenities

    Bathtub, Elevator Passenger, One-Floor Living, Other Amenities, Security System, Sprinkler, Storage

  • Patio and Porch Features

    Patio

  • Accessibilitiy Amenities

    36+ Inch Doors, 36 - 48 Inch Halls, 48+ Inch Halls, Elevator/Chair Lift, Level Entry, Other Accessibilities

  • Equipment

    Cable, DSL, Internet Access Available

  • Energy Efficiency

    Double Pane Windows

  • Driveway

    Common, Paved

  • Parking

    21+ Spaces, On Site, Paved

  • Vehicle Storage

    No Vehicle Storage

  • Electric

    Circuit Breakers

  • Utilities

    Utilities On

  • Gas

    No Gas

  • Sewer

    Public Sewer

  • Water

    Public

  • Sold Info

    Buyer's Zip Code:04412, Appraiser:006708, Appraiser Name:Mark Searles, Appraiser Phone Number:207-655-5365, Appraiser Email Address:[email protected]

  • Sold Terms

    Conventional

  • Sold Terms Other

    Not Applicable


This listing was last updated on 2024-03-06T19:44:09Z

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.