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20 Nautical Lane, Wells, ME 04090

$1,199,000
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Active
BEDS8 BATHS4 full SQUARE FEET1,920 MLS#5105072
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Anne Erwin Sothebys International Rlty
Agency Contact: Call/text 207-200-4282? for more info
Associate Name: Anne Erwin Real Estate
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Property Description

Strong investment opportunity just steps from sandy Wells Beach. The property features two buildings, each with two units. All four units include two bedrooms, spacious living rooms with vaulted ceilings, open kitchens, full bathrooms, and private decks. Additional amenities include ample parking, a full basement, laundry facilities, and fully furnished. The Town tax card lists the property as a Residential Family duplex with two buildings, while the Town CEO considers it a 4-unit motel. The property is sold as-is. Buyers should verify all zoning and permitted uses with the Town of Wells. This desirable beach property offers significant investment potential.

20 Nautical Lane | MLS# 5105072

This multi-family property located at 20 Nautical Lane, Wells, ME 04090 is currently listed for sale with an asking price of $1,199,000. Search Wells real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Baseboard, Electric
Home Style: Raised Ranch
Lot Size: 0.18 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,152
Year Built: 1985

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Unit 4:
Bathroom(s): 1
Bedrooms: 2

Amenities

Deck
Double Pane Window(s)

Feature Descriptions

Color: Gray
Construction: Wood Frame
Days on Site: 67
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: No
Flooring: Laminate
Foundation: Poured Concrete
Foundation: Poured Concrete
Lot: Near Country Club, Near Golf Course, Near Shopping
Roads: Gravel, Private Road
Sewer: Public
Sq. Ft. Total Finished: 1920
Total Stories: 1
Units: 4
Water: Public
Zoning: BB

Listed By / Shown By

Listed By

Agency Name: Anne Erwin Sothebys International Rlty
Agency Contact: Call/text 207-200-4282? for more info
Agent Name: Anne Erwin Real Estate

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Estimated Payment

$ 3,530.83 per month $2,668.45 Principal & Interest $512.67 Property Tax $349.71 Homeowner's Insurance

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