If you're looking for a prime development opportunity in one of Maine's hottest cities, look no further. Across the street from an upscale boutique hotel, the spacious two-unit residential building at 8 Lindsey St. features vaulted ceilings, private parking and a large front patio. The building has an expansive, unfinished lower level overlooking the rear lot that is waiting to be turned into more residential or a commercial space. The rear lot at 5R Lindsey St. is a blank canvas with tremendous potential. Sitting within Rockland's flexible Downtown zone with minimal setbacks and a building height limit of 65 ft, the property could be developed into a mixed-use or residential development with views over the city and out to the famous Rockland Breakwater.Continue to rent the existing building, develop the basement and adjacent lot, or tear down the existing structure and develop the full .34 acres. There are all kinds of options with this property package.
Listed by Legacy Properties Sotheby's International Realty
TURNKEY SHORT/MID TERM RENTALS. Seller will pay 1 point towards closing costs. Choose your own Tenants All Units Vacant. Turnkey 6 Unit Multi Family. Great Location close to Deering Oaks and Downtown Portland and Bay Area. 6-1bdrm Units with New Heating system. Ready for you to put your own tenants into the building. The building is Vacant. Market value was $2500 per unit per month. Short term rentals per unit averaged around $4000 per month. Pre qualified letter required and confidentiality agreement required. Also listed as MLS#1576079
Estate Property. Incredible 4 story 4 unit apartment building, every floor with a view of Casco Bay. Top two floors have best views! Each floor has large outside porch facing water. 3 bedrooms, LR, Kit and bath in each unit. Hardwood floors, storage closets on each floor in back hall, interior front and back stairs. Back stairway leads outside and interior to clean well equipped basement and laundry room.Both front and back halls and basement have professional smoke alarm systems. New front porch roof, still needs porch ceiling repair. All units have separate utilities and storage areas in basement.Parking in front and rear of building Back parking could be lovely yard. Would be spacious owner occupied. Deeded ROW for rear parking from Melbourne St. Close to Prom tennis courts!
A classic peninsula building that's clean, organized, well run & turnkey. This fully rented 8 unit offers 4 One bedroom apartments, 3 Two bedroom apartments and a third floor Three bedroom penthouse apartment with skylights and views. Convenient location near Deering Oaks Park, mostly all updated units, newer windows, brand new natural gas furnace, insulated & dry full basement, clean hallways, easy vinyl siding, coin operated laundry on site, hardwood floors & some charming features that all come together to make living as well as owning easeful, comfortable & enjoyable. Separated electrical & natural gas for cook stoves. Some off street parking. A unique and great opportunity to start or grow your investment portfolio with a solid, well maintained and stable property.
Are you looking for a great investment opportunity? If so, then look no further than these two buildings. Sitting in quiet neighborhoods yet close to in-town amenities and just a short commute to the University of Maine. These two buildings have been very well managed, maintained and updated over the years. Newer roofs, siding, windows, and interior updates, with each building having dedicated back-up generators. These buildings are non-pet and non-smoking properties, have high occupancy rates, and have consistently positive cash flow. All this and more. Don't let this opportunity slip away!
Two homes just may be better than one. A 2017 Modular home that includes four bedrooms, 2.5 baths. First floor has a living room, dining room, kitchen, convenience bath, laundry room and a primary suite with bathroom. Up the stairs to three more bedrooms with one full bathroom. Home has heat pumps that also supplies air conditioning. Additionally, on this .40 acre property is a 1996 home with 4 bedrooms 2 bathrooms. Living room, dining room and kitchen which is one open space with a vaulted ceiling. Down the hall to three bedrooms, a laundry room and bath. Up the stairs off the living room brings you to a primary loft bedroom with a bathroom. The homes heat pumps provide air conditioning. Basement has a workshop and three garage bays for plenty of storage. This property has potential as a family compound, short term rentals, housing or long term rentals. Property cannot be subdivided. See also listed as Residential MLS #1578273. Call today for your preview!
Prime downtown location with parking. Multi unit investment property (residential and one retail). Fully leased. Approved for condo conversion - units separately metered and recently renovated. Water views, ample parking with municipal lot next door, walking distance to waterfront. Strong cash flow with demonstrated history of increasing rents with strong tenancy.
Incredible, one-of-a-kind opportunity in the heart of Rockland. Two buildings and a private parking lot allow for a variety of Commerical and/or Residential uses, per the city's Downtown Zone District zoning. Consider the possibilities! 20 Elm Street was once a single family home, and currently has multiple residential units. Consider different residential and/or commercial uses. 19 Oak Street has been used as a professional office space. It is built with a truss system which may allow you to completely open or reconfigure the entire space. There is a high ceiling unfinished basement. In addition to commercial possibilities, consider incorporating residential uses in the existing structure, or possibly expanding upwards for a total of five stories. The parking lot has ample space. (Please note this listing is for two separate buildings and properties that are being offered together. Refer to town records and listing's documents for more information about each property. The information and data represented in the listing in most cases combines both buildings and properties information. 19 Oak is currently vacant. 20 Elm has tenants.)
Listed by Legacy Properties Sotheby's International Realty
Great investment opportunity. Very well maintained 10 apartment units and 1 retail unit. Five additional first floor units are under constructions. The owner currently has potential tenants on a waiting list. The owner is now completing the 5 additional units. When these units are finished and rented the estimated ROI will be 9.4%.
Listed by Berkshire Hathaway HomeServices Northeast Real Estate
Don't miss the opportunity to invest in this terrific multi-family property with 2 buildings, for a total of 4 townhouse units, and endless possibilities on a 6 acre lot. Ideal for an investor looking for consistent cash flow, or an owner/occupant who would like to enjoy the benefits of home ownership while off-setting their mortgage payment. Each unit offers 2 bedrooms and 1.5 baths, 1st floor laundry hookup, garage, full dry basement, and dedicated boilers/water heaters. Property also includes a separate stand alone, insulated, garage/workshop. Super convenient to Dock Square, Kennebunkport and Route 1. Great potential for condo conversion and the subsequent sales opportunities.
