150 S Burnt Cove Rd 5 Unit Mobile Home Park $753,463 CAD ($150,693 CAD/Unit) Stonington, ME 04681

Let rental income pay for your new home! Move into the brand new unit and subsidize your purchase through rental incomes. Priced in line with a recent professional appraisal, this is a prime, cash-flowing investment property in the heart of coastal Maine! This 1.4-acre property features five updated rental units plus a workshop, storage garage, laundry room, and office, producing $5,900/month ($70,800 annual gross) with strong rental demand. Major recent upgrades include full electrical overhaul with a backup generator and renovations in multiple units. Tenants enjoy ample parking and proximity to Stonington Harbor, restaurants, and shops. Excellent opportunity for investors seeking turnkey income with upside potential. Highlights: - 5 rental units + additional income from coin-op laundry and storage - 1.4-acre lot with room for continued improvement or expansion (verify with town) - Recent electrical and generator installation - Strong occupancy history, ideal for investor or owner-operator Financials available upon request. Don't miss this rare chance to own a stabilized, income-producing property in one of Maine's most desirable coastal markets.