529 Main Street

Fryeburg, ME 04037

MLS ID# 1578974 Pending

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$779,900

1 parking spaces

6320 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Details
• Virtual Tour 1

Description

Explore boundless possibilities in this captivating 1805 home—a former inn, now configured as a single-family residence with four additional rental units. Offering versatility, the property seamlessly combines historical charm with modern living. Situated in close proximity to shops, restaurants, and nature, it provides unmatched convenience. Just under half a mile away, highly regarded Fryeburg Academy awaits. Also just minutes to 15 minutes to North Conway. Five total units, comprising two two-bedroom apartments, one one-bedroom apartment, a studio, and a four-bedroom home, this property stands as a testament to adaptability. All units have been occupied, generating an annual income exceeding $100,000. The strategic options for the new owner are diverse—lease the entire property, reside in the main home or one of the units, pursue annual or short-term rentals—the choice is yours. Notably, four units have recently undergone significant updates and come furnished (even the four bedroom home with all that amazing period furniture and curated arcade games), enhancing the overall appeal and immediate functionality of the investment. Explore boundless possibilities in this captivating 1805 home—a former inn, now configured as a single-family residence with four additional rental units. Offering versatility, the property seamlessly combines historical charm with modern living. Si... show more

Location Information

• Street # 529
• Street Name Main
• Street Type Street
• County Oxford
• Town Fryeburg
• State/Province ME
• Zip Code 04037
• Zip +4 1100
• Leased Land No
• Book 5725
• Page 182
• Map 41
• Block 51
• Lot 51
• Zoning Village Commercial
• Zoning Overlay No
• Tax ID FRYE-000041-000000-000051
• Association No
• School District RSU 72/MSAD 72
• Full Tax Amount 6390
• Tax Year 2023

Property Information

• Surveyed Unknown
• Seasonal No
• Owner Occupied No
• Short Sale Continue to Show No
• Deed/Conveyance Type Offered Warranty
• Deed All
• Deed Restrictions Unknown
• Bank Owned REO No
• 2 Detached Houses on 1 Lot No
• Number of Units 5
• Total Baths 9
• Total Full Baths 7
• Total Half Baths 2
• Color White
• Year Built 1805
• SqFt Finished Above Grade 6320
• SqFt Finished Below Grade 0
• SqFt Finished Total 6320
• SqFt Source Public Records
• Garage Yes
• Garage Spaces 1
• Lot Size Acres +/- 0.51
• Source of Acreage Public Records
• Road Frontage Yes
• Road Frontage +/- 100
• Source of Road Frontage Public Records

Compensation & Misc Info

• Buyer Agency 2.5%

Details

• Site

  Corner Lot, Level, Sidewalks, Wooded

• Roads

  Paved, Public

• Water Info

  No Water Frontage, No Water View

• Recreational Water

  Lake/Fresh Water, Nearby, River/Brook/Stream

• View

  Mountain(s), Trees/Woods

• Building Info

  # Fireplaces:3, # Stories:3

• Income & Expenses

  Gross Income:100200, Operating Expenses:26003

• Units

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

• Fixtures Exclusions

  None

• Unit 1

  No Lease, Level:First, No Security Deposit, Monthly Rent:1100, # Full Baths:1, # of Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  No Lease, Level:First, No Security Deposit, Monthly Rent:1800, # Full Baths:1, # Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  Lease, Level:Second, No Security Deposit, Monthly Rent:2000, # Full Baths:1, # Half Baths:1, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  No Lease, Level:Second, No Security Deposit, Monthly Rent:450, # Full Baths:1, # Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 5

  No Lease, Level:First, No Security Deposit, Monthly Rent:3000, # Full Baths:3, # Half Baths:1, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  New Englander, Other Style

• Construction

  Wood Frame

• Basement

  Slab, Unfinished, Walkout Access

• Basement Entry

  Interior, Walk-Out

• Foundation Materials

  Stone

• Exterior

  Vinyl Siding

• Roof

  Shingle

• Heat System

  Radiator, Steam, Stove

• Heat Fuel

  Oil, Wood

• Water Heater

  Oil, Tank

• Cooling

  None

• Floors

  Laminate, Other, Tile, Vinyl, Wood

• Amenities

  1st Floor Primary BR w/Bath, Attic, Bathtub, Furniture Included

• Patio and Porch Features

  Porch-Screened

• Equipment

  Cable, Dial-Up, DSL, Internet Access Available

• Driveway

  Common, Paved

• Parking

  5 - 10 Spaces, Off Street, Paved

• Vehicle Storage

  1 Car, Detached

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  No Gas

• Sewer

  Private Sewer, Septic Existing on Site

• Water

  Public