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93 Goodwin Road, Eliot, ME 03903

$1,800,000
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New to the Market Pending
BEDS16 BATHS12 full SQUARE FEET9,120 MLS#5117527
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Great Island Realty LLC
Agency Phone: 603-433-3350
Associate Name: Stephen Doherty
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Property Description

This property is a fully occupied 8-unit investment opportunity situated on approximately 17 acres. It consists of three residential buildings: two duplexes and one four-unit building, offering a well-balanced mix of spacious two-bedroom apartments in a desirable Southern Maine location. Each duplex contains two-bedroom, one-bath units of approximately 1,100 square feet per apartment. All duplex units include full, separate basements with individual laundry. The four-unit building is made up of two-bedroom units with one and one-half baths, each offering approximately 1,200 square feet, along with full basements and separate laundry for each unit. All units are currently occupied. There are no fixed-term leases in place, as all residents are tenants at will. Existing rents range from approximately $1,600 to $1,700 per month, which appears to be below prevailing market levels for two-bedroom rentals in Eliot. Recent public rental listings and market trackers show two-bedroom asking rents in Eliot commonly around $1,975 and in some cases as high as $2,700, suggesting meaningful upside potential through future rent adjustments as units turn over.

93 Goodwin Road | MLS# 5117527

This multi-family property located at 93 Goodwin Road, Eliot, ME 03903 is currently listed for sale with an asking price of $1,800,000. Search Eliot real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Oil, Hot Water
Home Style: Multi-Family
Lot Size: 17.00 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $11,539
Year Built: 1986

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1700.00
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 5:
Bathroom(s): 2
Bedrooms: 2
Rent: $1600.00
Unit 6:
Bathroom(s): 2
Bedrooms: 2
Rent: $1600.00
Unit 7:
Bathroom(s): 2
Bedrooms: 2
Rent: $1700.00
Unit 8:
Bathroom(s): 2
Bedrooms: 2
Rent: $1600.00

Feature Descriptions

Construction: Wood Frame
Days on Site: 1
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: Unknown
Foundation: Concrete
Foundation: Concrete
Lot: Country Setting
Parking: Driveway, On-Site
Roads: Public
Sewer: Private
Sq. Ft. Total Finished: 9120
Total Stories: 2
Units: 8
Water: Private
Zoning: SD

Listed By / Shown By

Listed By

Agency Name: Great Island Realty LLC
Agent Name: Stephen Doherty
Agency Phone: 603-433-3350

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Estimated Payment

$ 5,492.60 per month $4,006.02 Principal & Interest $961.58 Property Tax $525.00 Homeowner's Insurance

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