114 Cove Road

Winterport, ME 04496

MLS ID# 1540298 Closed

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Closed $600,000

0 parking spaces

3584 sqft

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

Description

ntroducing a stunning and versatile multi-family building, perfect for a savvy investor seeking an opportunity to generate income. This 4-unit townhouse is situated on an expansive 1.5-acre lot and offers a highly desirable location, coupled with tastefully designed and spacious living spaces. Each unit within this property features two bedrooms and one & a half bathrooms, providing ample space for comfortable living arrangements. Additionally, each unit has access to a shared common laundry room, which provides tenants with a convenient and practical amenity. Built to exacting standards, the finishing of this property is exceptional and showcases the intricate attention to detail that has gone into creating this masterpiece. The exterior is beautifully designed, boasting curb appeal and showcases the perfect balance between function and elegance. This multi-family property is the ideal investment for those who value location, impressive finishes, and long-term income generation. Its prime location and versatile layout offer a wide range of revenue-generating possibilities. This is a rare opportunity to own a prime piece of real estate that is sure to provide a secure and profitable return on investment. In summary, this property boasts unparalleled potential and versatility in the market, making it an ideal investment for a savvy real estate investor. Take advantage of this opportunity to own a multi-family property in a strategic location, and watch your wealth grow with every passing day. ntroducing a stunning and versatile multi-family building, perfect for a savvy investor seeking an opportunity to generate income. This 4-unit townhouse is situated on an expansive 1.5-acre lot and offers a highly desirable location, coupled with ta... show more

Location Information

• Street # 114
• Street Name Cove
• Street Type Road
• County Waldo
• Town Winterport
• State/Province ME
• Zip Code 04496
• Zip +4 3847
• Leased Land No
• Book 3532
• Page 306
• Map R10
• Lot 106
• Zoning NA
• Zoning Overlay Unknown
• Tax ID WTPT-000010R-000000-000106
• Association No
• School District RSU 22
• Full Tax Amount 3892.44
• Tax Year 2022

Property Information

• Surveyed Yes
• Seasonal No
• Owner Occupied No
• Short Sale Continue to Show No
• Deed/Conveyance Type Offered Warranty
• Deed Partial
• Deed Restrictions Unknown
• Bank Owned REO No
• 2 Detached Houses on 1 Lot No
• Number of Units 4
• Total Baths 8
• Total Full Baths 4
• Total Half Baths 4
• Color Grey
• Year Built 2011
• SqFt Finished Above Grade 3584
• SqFt Finished Below Grade 0
• SqFt Finished Total 3584
• Garage No
• Garage Spaces 0
• Lot Size Acres +/- 1.52
• Source of Acreage Appraiser

Compensation & Misc Info

• Buyer Agency 2%

Directions

From Center of Hampden travel on Route 1 A approximately 5 miles to Cove Rd on the Right. Subject is on the left approximately 3 miles from Route 1A

Details

• Site

  Level, Wooded

• Roads

  Paved, Public

• Transportation

  Major Road Access

• Water Info

  No Water Frontage, No Water View

• Recreational Water

  Nearby

• View

  Trees/Woods

• Building Info

  # Fireplaces:0, # Stories:2, # Floors:2, # Heating Units:1, # Water Heaters:1

• Income & Expenses

  Gross Income:55200, Operating Expenses:13000

• Units

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

• Unit 1

  No Lease, Level:First, No Security Deposit, Monthly Rent:1100, # Full Baths:1, # of Half Baths:1, 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:1400, # Full Baths:1, # Half Baths:1, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  Lease, Level:First, Security Deposit, Monthly Rent:1600, # Full Baths:1, # Half Baths:1, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 4

  Lease, Level:First, No Security Deposit, Monthly Rent:1400, # Full Baths:1, # Half Baths:1, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  Townhouse

• Construction

  Wood Frame

• Basement

  Crawl Space, Full, Unfinished

• Basement Entry

  Interior

• Foundation Materials

  Poured Concrete

• Exterior

  Vinyl Siding

• Roof

  Shingle

• Heat System

  Baseboard, Hot Water

• Heat Fuel

  Oil

• Water Heater

  Off Heating System

• Cooling

  None

• Floors

  Carpet, Laminate, Tile, Vinyl, Wood

• Amenities

  Bathtub

• Patio and Porch Features

  Deck

• Equipment

  Internet Access Available

• Driveway

  Common

• Parking

  On Site

• Vehicle Storage

  No Vehicle Storage

• Restrictions

  Other Restrictions

• Electric

  Circuit Breakers

• Utilities

  No Utilities On

• Gas

  No Gas

• Sewer

  Private Sewer

• Water

  Private

• Sold Info

  Buyer's Zip Code:04401, Appraiser:010458, Appraiser Name:Mark Plummer, Appraiser Phone Number:207-949-4747, Appraiser Email Address:[email protected]

• Sold Terms

  Conventional

• Sold Terms Other

  Not Applicable