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48 School House Road , Orland, ME 04472

$350,000
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New to the Market Active
BATHS2 full SQUARE FEET1,150 MLS#1658872
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRSU 25

Property Description

This 1975 4-unit apartment building offers a unique development opportunity in historic Orland village, a hub location within commuting distance of Castine, Bangor, Ellsworth and Belfast. Shopping, services and public marina are all in Bucksport, just 10 minutes away.Sellers recently inherited this property, vacated all units, and did a total renovation of two one bed units which are now ready for occupancy. The section of the building which previously housed two other one-bedroom apartments has been left unfinished to give buyer the option of restoring apartments or converting to office, commercial or retail use. The corner location, high visibility, increasing ADT (720 cars/day in 2023) and proximity of public sewer combine to make this an extraordinary development / investment opportunity. Orland is known for its small town charm, numerous lakes and ponds, a trust-managed 6,000 acre conservation park with miles of hiking trails, and, recently, the opening of the new community center (aka Orland Mall) with an indoor fitness center, dog park, recreation fields and numerous shops and small businesses located just up the street from 48 School House.

48 School House Road | MLS# 1658872

This multi-family property located at 48 School House Road , Orland, ME 04472 is currently listed for sale with an asking price of $350,000. School House Road is located within the RSU 25 school district. Search Orland real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry
Cooling: Heat Pump, Wall Unit(s)
Heating: Heat Pump
Home Style: Contemporary, Ranch, Split Level
Lot Size: 0.77 Acres
Roof Type: Metal, Pitched
Taxes: $1,941
Year Built: 1975

Feature Descriptions

Accessibilitiy: 32 - 36 Inch Doors
Electric: Circuit Breakers
Flooring: Carpet, Other, Linoleum
Sewer: Public Sewer
SQ FT Above Grade: 1150
SQ FT Below Grade: 0
Water: Private, Well

Local Schools

School District: RSU 25

Listed By / Shown By

Listed By

Agency Name: Maine Real Estate Brokerage
Agency Phone: 207-702-9146
Agent Name: George MacLeod

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Estimated Payment

$ 1,042.78 per month $778.95 Principal & Interest $161.75 Property Tax $102.08 Homeowner's Insurance

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