468 Ossipee Trail

Limington, ME 04049

MLS ID# 1557173 Closed

Get directions

Closed $400,000

2408 sqft

• Images
• Map

View Larger

 

• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details

Description

Looking for a home but need some help with your mortgage? How about a lucrative investment opportunity to add to your portfolio? Look no further than this Limington duplex! This single floor duplex consists of two units, each featuring a bright, eat-in kitchen, a large living room and three spacious bedrooms with plenty of closet space. Topping off each space is an oversized full bathroom with a large closet and even a laundry room. Reside in one side, while renting out the other side and have your mortgage paid! Great rental history and sitting on 3.7 beautiful acres. Conveniently located off Route 25, this duplex is next door to Cornish, a charming town full of antique shops and renowned restaurants. Just a 35 minute drive to Portland and Biddeford, and a 40 minute commute to Conway, NH makes for an easy work commute. Storage sheds for tenant's use at each unit offer an added convenience. You can't go wrong with this income property or investment, jump at this opportunity before it's gone! Looking for a home but need some help with your mortgage? How about a lucrative investment opportunity to add to your portfolio? Look no further than this Limington duplex! This single floor duplex consists of two units, each featuring a bright, eat... show more

Location Information

• Street # 468
• Street Name Ossipee
• Street Type Trail
• County York
• Town Limington
• State/Province ME
• Zip Code 04049
• Leased Land No
• Book 18795
• Page 905
• Map R5
• Lot 25A
• Zoning RU
• Zoning Overlay Unknown
• Tax ID LIMI-000005R-000000-000025A
• Association No
• School District RSU 06/MSAD 06
• Full Tax Amount 1534.74
• Tax Year 2022

Property Information

• Surveyed Yes
• Seasonal No
• Owner Occupied No
• Deed/Conveyance Type Offered Warranty
• Deed Partial
• Number of Units 2
• Total Baths 2
• Total Full Baths 2
• Total Half Baths 0
• Color Tan
• Year Built 1997
• SqFt Finished Above Grade 2408
• SqFt Finished Below Grade 0
• SqFt Finished Total 2408
• SqFt Source Public Records
• Garage No
• Lot Size Acres +/- 3.7
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2.5%

Directions

West on Rt. 25 from Standish. GPS friendly. Second duplex in from Rt. 25.

Details

• Site

  Open, Rolling/Sloping, Well Landscaped, Wooded

• Roads

  Other Road, Public

• Water Info

  No Water Frontage, No Water View

• View

  Mountain(s), Scenic, Trees/Woods

• Income & Expenses

  Gross Income:34800, Operating Expenses:11592.74

• Units

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

• Unit 1

  Lease, Level:First, Security Deposit, Monthly Rent:1450, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  Lease, Level:First, Security Deposit, Monthly Rent:1450, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  Duplex

• Construction

  Wood Frame

• Other Structures

  Shed

• Basement

  Slab

• Basement Entry

  Not Applicable

• Foundation Materials

  Slab

• Exterior

  Vinyl Siding

• Roof

  Shingle

• Heat System

  Radiant

• Heat Fuel

  Oil

• Water Heater

  Off Heating System

• Cooling

  None

• Floors

  Carpet, Laminate

• Amenities

  Bathtub, Storage

• Driveway

  Gravel

• Parking

  5 - 10 Spaces

• Vehicle Storage

  No Vehicle Storage

• Restrictions

  No Restrictions

• Electric

  Circuit Breakers

• Utilities

  Pole:at street, Utilities On

• Gas

  No Gas

• Sewer

  Septic Existing on Site

• Water

  Well Existing on Site

• Sold Info

  Buyer's Zip Code:04062, Seller Contributions:10,000, Appraiser:010087, Appraiser Name:William Chapman, Appraiser Phone Number:207-831-7300, Appraiser Email Address:[email protected]

• Sold Terms

  FHA

• Sold Terms Other

  Not Applicable