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28 Abbott Street, Old Town, ME 04468

$339,900
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New to the Market Active
BATHS2 full SQUARE FEET1,797 MLS#1657825
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional investment or owner-occupant opportunity in the heart of Old Town! This well-maintained duplex offers the perfect chance to live in one unit while generating income from the other--let your tenant help pay the mortgage.Ideally located just 5 minutes from the University of Maine and only one minute from local grocery stores, shopping, and everyday conveniences, this property offers both comfort and convenience.The main unit features 2 bedrooms and 1 full bathroom, a nicely updated kitchen with space for dining, and a spacious, inviting living room. The second unit, situated above the garage, offers 1 bedroom, 1 bathroom, and a generously sized living area--perfect for rental income or extended living space.Set on a generous 0.37-acre lot, the property also includes a heated 2-car garage--uncommon for most rentals in the area and ideal for Maine winters.Completely renovated down to the studs in 2016, this property was thoughtfully updated with no expense spared. Improvements include all new plumbing, electrical (with new panel), insulation (including the attic), shingles, furnace, vinyl siding, and Andersen windows throughout most of the home.With a steady and consistent rental history--comprised of reliable, long-term tenants rather than student housing--this property offers stability and peace of mind for investors. This is a true turnkey opportunity for those looking to generate income or offset their living expenses.Don't miss your chance to own a solid, income-producing property in a prime location!

28 Abbott Street | MLS# 1657825

This multi-family property located at 28 Abbott Street, Old Town, ME 04468 is currently listed for sale with an asking price of $339,900. Search Old Town real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry
Garage: 2 car attached
Heating: Baseboard, Hot Water
Home Style: Ranch
Lot Size: 0.37 Acres
Roof Type: Shingle
Taxes: $4,144
Year Built: 1970

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Vinyl, Wood
Sewer: Public Sewer
SQ FT Above Grade: 1797
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: NextHome Experience
Agency Phone: 207-573-7400
Agent Name: Florentina Davis

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Estimated Payment

$ 1,200.94 per month $756.47 Principal & Interest $345.33 Property Tax $99.14 Homeowner's Insurance

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