Bought with Non MREIS Agency
$705,000
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431 Franklin ST Rumford, ME 04276
16,161 SqFt
Key Details
Sold Price $705,000
Property Type Commercial Sale
Sub Type Office
Listing Status Sold
Square Footage 16,161 sqft
Subdivision Rumford Medical Building
MLS Listing ID 1515398
Sold Date 11/30/22
HOA Fees $4,416/ann
HOA Y/N Yes
Annual Tax Amount $12,875
Tax Year 2020
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Office
Source Maine Listings
Land Area 16161
Property Description
This is a great investment opportunity, to own this fantastic income generating commercial condos, with the option to lease the vacant space or convert it into residential condos - which are in high demand in Rumford. The building is approved as a Condominium with approximately 17,000 square feet presently consisting of 7 office suites over three floors right across the street from Rumford Hospital. This ADA compliant property is in a great shape, well maintained and energy efficient. It also has an elevator and plenty of parking. Don't miss your chance to get this opportunity!
Location
State ME
County Oxford
Zoning Commercial
Exterior
Parking Features 21+ Spaces, Paved
View Y/N No
Roof Type Shingle
Accessibility Elevator/Chair Lift, Level Entry
Building
Building Description Brick Veneer,Wood Frame, Elevator Passenger
Structure Type Brick Veneer,Wood Frame
Others
HOA Fee Include 53000.0
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