84 School St - Multi-Family FOR SALE


Waldoboro, ME 04572
$369,000 USD
207-706-6242
84 School St, Waldoboro, ME for Sale
$369,000 USD
Multi-Family - FOR SALE
1/31
null | Request Cap Rate

84 School St
Waldoboro, ME 04572


HIGHLIGHTS

  • This elevated Colonial home exudes charm and has recently undergone extensive renovations.

OVERVIEW

Attention All Investors - Don't Miss This One! Nestled on a quiet dead-end street in downtown Waldoboro, this elevated Colonial home exudes charm and has recently undergone extensive renovations. The updates are impressive and include a complete overhaul of the electrical systems, modernized plumbing, new lighting fixtures, fresh insulation, new roof shingles over the sunporch, and interior painting. Both units offer laundry hook-up. Currently configured as a duplex, the home offers a first-story unit and a second-story unit, each featuring 2 bedrooms, 1 full bathroom, a well-appointed kitchen, a spacious living room, and a dining area. Both units come with their own driveway and private entrance for added convenience. Currently, the second-floor unit is occupied with a tenant that has a year-lease through August 15, 2025. The attached 2-car garage, interior workshop area & laundry/systems room are currently being utilized by the owner who lives in the first-floor unit. Experience the ease of living within walking distance to local shops, a pharmacy, a library, restaurants, taverns, and more. This neighborhood location perfectly balances peaceful residential living with vibrant downtown amenities! A Pre-Inspection Report is available - Done Summer 2024 by Breakwater Inspections (John Howard) - See Attached. Unit 1: Lease: No; Level: First; Security Deposit: No; Monthly Rent: 0; # Full Baths: 1; # of Half Baths: 0; # of Rooms: 6; # of Bedrooms: 2; Dedicated Electric Meter: Yes; Dedicated Gas Meter: No; Dedicated Water Heater: Yes; Electric: No; Heat: No; Range: Yes; Refrigerator: Yes; Sewer: No; Water: No Unit 2: Lease: Yes; Level: Second; Security Deposit: Yes; Monthly Rent: 1,500; # Full Baths: 1; # Half Baths: 0; # of Rooms: 5; # of Bedrooms: 3; Dedicated Electric Meter: Yes; Dedicated Gas Meter: No; Dedicated Water Heater: Yes; Electric: No; Heat: No; Range: Yes; Refrigerator: Yes; Sewer: Yes; Water: Yes

FOR SALE DETAILS

PRICE

$369,000 USD

PRICE/SF

$143 USD /SF

# OF UNITS

2

PRICE/UNIT

$184,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

HISTOR

APN/PARCEL ID

WALB-000000-U000004-000066

ASK ABOUT THIS PROPERTY

Meriwether GillBetter Homes & Gardens Real Estate/The Masiello GrMore Info
207-706-6242

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Meriwether GillBetter Homes & Gardens Real Estate/The Masiello GrMore Info
207-706-6242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.