BATHS2 full
SQUARE FEET1,700
MLS#1662248
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Welcome to 12 Brown Street in Mexico, Maine, a fully occupied 2-unit multi-family property offering immediate rental income and strong long-term investment potential. This income-producing property features a more approachable and easier-to-manage setup than many larger apartment buildings, making it attractive to both experienced investors and buyers looking to enter the multi-unit market.The property also includes a garage offering valuable storage space and potential for additional income. A newer roof installed in 2022 helps reduce major near-term capital improvement concerns.Conveniently located near shopping, schools, restaurants, parks and everyday amenities, 12 Brown Street also provides easy access to the outdoor recreation Western Maine is known for, including hiking, skiing, fishing, boating, ATV trails, and snowmobiling. Located within commuting distance to Rumford and surrounding employment opportunities, this property combines affordability, flexibility, and investment potential in one package. Please allow 24 hours notice for showings.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Interior Entry, Unfinished
Garage: 1
Heating: Oil, Baseboard, Hot Water
Home Style: Other
Lot Size: 0.09 Acres
Roof Type: Shingle
Taxes: $1,914
Year Built: 1920
Feature Descriptions
Amenities: 1st Floor Bedroom, Bathtub, Laundry - 1st Floor, Laundry - 2nd Floor, Storage
Electric: Circuit Breakers
Exterior: Wood Frame, Composition, Shingle Siding
Flooring: Carpet, Vinyl
Foundation: Poured Concrete
Lot: Intown, Neighborhood, Level
Parking: Gravel,1 - 4 Spaces
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 1700
SQ FT Below Grade: 0
Water: Public
Listed By / Shown By
Listed By
Agency Name: RE/MAX Shoreline
Agent Name: Geoffrey Crain
Agency Phone: 207-553-7500
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimate Your Payment
Estimated Payment
$ 612.35 per month $400.38 Principal & Interest $159.50 Property Tax $52.47 Homeowner's Insurance
12 Brown Street | MLS# 1662248
This multi-family property located at 12 Brown Street, Mexico, ME 04257 is currently listed for sale with an asking price of $179,900. Search Mexico real estate on www.masiellogrouprealestate.com today.