Bought with Better Homes & Gardens Real Estate/The Masiello Group
$624,000
For more information regarding the value of a property, please contact us for a free consultation.
128 Forest AVE Orono, ME 04473
2,272 SqFt
Key Details
Sold Price $624,000
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Sold
Square Footage 2,272 sqft
Subdivision Forest Ave Mobile Home Park
MLS Listing ID 1521969
Sold Date 12/13/22
HOA Fees $300/mo
HOA Y/N Yes
Year Built 1920
Annual Tax Amount $17,291
Tax Year 2022
Lot Size 4.100 Acres
Acres 4.1
Property Sub-Type Multi Family
Source Maine Listings
Land Area 2272
Property Description
Licensed for 32 sites, FOREST AVE MOBILE HOME PARK offers a SF 3bed-1bath house, 11 park owned homes, 5 rented lots and 15 lots that can easily be rented. This park sits in a convenient location with walking distance to downtown Orono and all that it has to offer. Main St is only .7 of a mile walk... Another take away, the rents have not been increased in the last 5 years, with a little attention this investment has lots of upside potential in this market. There is a large building in need of repair but could be used for storage purposes.
Priced to sell, don't hesitate
Location
State ME
County Penobscot
Zoning MDR
Exterior
Parking Features Gravel, 21+ Spaces, On Site
View Y/N No
Building
Lot Description Mobile Home Park, Downtown, Near Shopping
Story 2
Structure Type Mobile
Others
HOA Fee Include 300.0
Restrictions Yes
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
