Bought with Anne Erwin Sotheby's International Realty
$1,800,000
For more information regarding the value of a property, please contact us for a free consultation.
25 Route 236 Route Kittery, ME 03904
7 Baths
7,056 SqFt
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Listing Status Sold
Square Footage 7,056 sqft
MLS Listing ID 1522199
Sold Date 05/18/22
Style Multi-Level,Other Style
Full Baths 7
HOA Y/N No
Abv Grd Liv Area 7,056
Year Built 1970
Annual Tax Amount $7,218
Tax Year 2021
Lot Size 1.750 Acres
Acres 1.75
Source Maine Listings
Land Area 7056
Property Description
Attention Investors - Introducing Chickering Creek Apartments. A 7 unit townhouse style building on 1.75 acres, fully leased with long term tenants and yearly NOI of $96K! ALSO includes #17 Route 236, a separate adjacent 1.5 acre lot zoned C-2 waiting to be developed! Terrific opportunity to add to or start an investment portfolio in one of New England's fastest growing and most desirable real estate markets; Southern Maine! This well cared for building recently converted to public sewer with newer roof and many updates. Well water and all tenant paid utilities (elec. heat) make this a low maintenance, lucrative investment. Close to Rte. 95 and less than 15 mins to downtown Portsmouth, NH. Outstanding opportunity to invest in Kittery Maine.
Location
State ME
County York
Zoning C-2
Rooms
Basement None, Not Applicable
Interior
Heating Baseboard
Cooling None
Flooring Other, Carpet
Exterior
Parking Features 11 - 20 Spaces, Paved, Common, On Site
Utilities Available 1
View Y/N Yes
View Trees/Woods
Roof Type Shingle
Street Surface Paved
Garage No
Building
Lot Description Rolling Slope, Wooded, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Suburban
Story 2
Foundation Slab
Sewer Public Sewer
Water Private, Well
Architectural Style Multi-Level, Other Style
Structure Type Vinyl Siding,Brick Veneer,Masonry,Wood Frame
Others
Restrictions Unknown
Energy Description Electric
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