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About the Listing 2951 - 023842,019984
Price Improvement! Don't miss this excellent opportunity to own a fully occupied 2-unit property in Mexico, Maine. With immediate rental income, a recent price reduction and strong long-term investment potential, 12 Brown Street is an ideal opportunity for both seasoned real estate investors and buyers looking to purchase their first investment property. This income producing duplex features an easy to manage two-unit layout, making it an attractive alternative to larger apartment buildings. Both units are currently occupied, providing immediate cash flow from day one. The property also includes a detached garage, offering valuable storage space or the potential for additional rental income. A newer roof installed in 2022 helps minimize major near term capital improvement expenses. Located in the heart of Mexico, Maine, you'll enjoy convenient access to shopping, restaurants, schools, parks, and local services, while being just minutes from Rumford, Maine and surrounding employment opportunities. Outdoor enthusiasts will appreciate nearby skiing at Black Mountain and Sunday River, hiking, fishing, boating, ATV and snowmobile trails, making this an attractive rental location year round. Whether you're looking to expand your real estate investment portfolio, generate passive rental income, or purchase your first multi-family investment property, this duplex offers affordability, steady cash flow and excellent long term upside. Please allow 24 hours' notice for showings.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard,Hot Water
- Fireplaces:
- Floor: Carpet,Vinyl
- Above Ground Sq Ft: 1700
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Unfinished
- Other: 1st Floor Bedroom,Bathtub,Storage
- Water: Public
Exterior Details
- Lot Description: Intown,Neighborhood,Level
- Garage Capacity: 1 car
- Zoning: Residential
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Gravel,1 - 4 Spaces,Detached
Financial Details
- Tax Amount: $1,914
- Taxes w/Assessments: N/A
- Tax/Property ID: MEXI-000022-000000-000043
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
12 Brown St Mexico, ME 04257
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