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705 Maine Ave 2 Unit Apartment Building Offered at $662,218 CAD Farmingdale, ME 04344
INVESTMENT HIGHLIGHTS
- The main building (705 Maine Ave) is a 3 bedroom 1 bath home.
- Abuts the Kennebec River Rail Trail
- The rear building (707 Maine Ave), is currently set up as an apartment with 1 bedroom and 1 bath.
EXECUTIVE SUMMARY
There are not many properties like this left on Maine Avenue! This property has two buildings and 5 acres perched above the Kennebec River. It is perfect for residential use and someone looking to rent the rear building or use it for an onsite business location. The rear building could easily be converted to a 2 car garage with living or office space above. The land features a large open backyard that abuts the Kennebec River Rail Trail, a trail system that connects Augusta to Gardiner along the Kennebec River. Perfect for walking and biking. The rear building (707 Maine Ave), is currently set up as an apartment with 1 bedroom and 1 bath. The main building (705 Maine Ave) is a 3 bedroom 1 bath home. This property offers so much potential!
PROPERTY FACTS
| Price | $662,218 CAD | Building Class | C |
| Price Per Unit | $331,109 CAD | Building Size | 2,042 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 1900 |
| Property Type |
| Price | $662,218 CAD |
| Price Per Unit | $331,109 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | |
| Building Class | C |
| Building Size | 2,042 SF |
| No. Stories | 2 |
| Year Built | 1900 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 2 | - | - |
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705 Maine Ave
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