$ 575,000
-
$575,000
Price -
0
Bed -
0
Bath -
5,000
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 2700 - 021796
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.
Listing Highlights for 150 S Burnt Cove Rd
Status
Active
Days on Site
7
Property Type
Commercial Sale
MLS ®
1636006
Year Built
999
Total Square Footage
5,000
Lot/Acreage
1.4
County
Hancock
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private
Exterior Details
- Lot Description: Near Shopping,Rural
- Garage Capacity: N/A
- Zoning: none
- Roof: Metal,Shingle
- Others:
- Sewer: Private Sewer
- Parking Features: 5 - 10 Spaces
Financial Details
- Tax Amount: $1,724
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
150 S Burnt Cove Rd Stonington, ME 04681
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
