26 Oak Street, Old Town, ME 04468 (MLS# 1585173)

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26 Oak Street, Old Town, ME 04468

$525,000
Property Type: Multi-Family Baths: 4 Square Footage: 2,970 Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $525,000 List Date: 3/28/2024 Last Modified: 4/01/2024

Description

Are you looking for a great investment opportunity? If so, then you should take a look at this one. Sitting in a quiet neighborhood yet close to in-town amenities and just a short commute to University of Maine. This property has been well-managed, maintained and updated over the years. Newer roof, siding, and interior updates. This property has a dedicated back-up generator for added comfort and security. Finally, it has always been a non-pet and non-smoking property, has high a occupancy rate, and has a consistently positive cash-flow. You really need to see it to appreciate it.

Supplements: ********

More Information MLS# 1585173

Location Information

Street #: 26 Street Name: Oak Street Type: Street County: Penobscot Town: Old Town State/Province: ME Zip Code: 04468 Leased Land: No Book: 11630 Page: 58-59 Map: 026 Lot: 195 Zoning: 12 General Res Zoning Overlay: Unknown Association: No School District: RSU 34 Full Tax Amount $: 4276 Tax Year: 2023 Geo Lat: 44.932807 Geo Lon: -68.648554

Contract Information

Status: Active Original List Price: 525000 List Price: $525,000 Current Price: $525,000

Property Information

Surveyed: Yes Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Quit Claim Deed: Partial Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Number of Units: 4 Total Baths: 4 Total Full Baths: 4 Color: White Year Built: 1855 SqFt Finished Above Grade: 2970 SqFt Finished Total: 2970 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.28 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 225 Source of Road Frontage: Public Records

Compensation & Misc Info

Buyer Agency: 2 Buyer Agency Type: %

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 2

Income & Expenses

Gross Income: 52800 Operating Expenses: 21815

Units

# of 1 BD Units: 2 # of 2 BD Units: 2

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: No Range: Yes Refrigerator: Yes Sewer: No Water: No

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: No Range: Yes Refrigerator: Yes Sewer: No Water: No

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: No Range: Yes Refrigerator: Yes Sewer: No Water: No

Unit 4

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1100 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: No Range: Yes Refrigerator: Yes Water: No

Utilities

Pole: No Utilities On: No

Property Features

Site: Corner Lot; Level; Sidewalks; Well Landscaped Location: Intown; Neighborhood Roads: Paved; Public Transportation: Major Road Access Recreational Water: Nearby; River/Brook/Stream Style: Colonial Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Exterior Only Foundation Materials: Brick/Mortar; Poured Concrete; Stone Exterior: Clapboard; Vinyl Siding Roof: Fiberglass; Shingle Heat System: Forced Air Heat Fuel: Gas Natural Water Heater: On Demand Cooling: A/C Units Floors: Carpet; Laminate Patio and Porch Features: Porch Equipment: Generator; Internet Access Available Driveway: Paved Parking: 5 - 10 Spaces; Off Street; On Site; Paved Vehicle Storage: No Vehicle Storage Restrictions: Pet Electric: Circuit Breakers; Generator Hookup Gas: Natural - At Street; Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: ERA Dawson-Bradford Co.
Last Updated: April - 01 - 2024
26 Oak Street, Old Town, ME 04468- MLS# 1585173
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