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20 Nautical Lane, Wells, ME 04090

$1,199,000
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Active
BATHS4 full SQUARE FEET1,920 MLS#1676234
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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# 1676234

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: Exterior Entry, Walk-Out Access, Full, Unfinished
Heating: Electric, Baseboard, Zoned
Home Style: Raised Ranch
Lot Size: 0.18 Acres
Roof Type: Shingle
Taxes: $6,152
Year Built: 1985

Feature Descriptions

Amenities: Main Level
Electric: Circuit Breakers
Equipment: Cable
Exterior: Wood Frame, Wood Siding
Flooring: Laminate
Foundation: Poured Concrete
Lot: Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Level, Open Lot
Parking: Gravel,11 - 20 Spaces, On Site
Road frontage: Private Road
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 1920
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: Anne Erwin Sotheby's International Realty
Agency Contact: 207-363-6640
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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