Bought with Coldwell Banker Realty
$857,000
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1 Summer ST Freeport, ME 04032
7 Baths
2,975 SqFt
Key Details
Sold Price $857,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,975 sqft
MLS Listing ID 1585085
Sold Date 07/10/24
Style Multi-Level
Full Baths 6
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,975
Year Built 1910
Annual Tax Amount $7,815
Tax Year 2024
Lot Size 0.640 Acres
Acres 0.64
Source Maine Listings
Land Area 2975
Property Description
***Can't find a house? Start with a multi-family. Did you know that there is a new 5% down loan available to first time multi-family buyers? ***
This 4-family in the Freeport Village is a great opportunity for an owner occupant or long term investor. Once a Bed and Breakfast, the cozy units are now used as traditional year-round rentals. In addition to the outstanding location and walkability, the units have a funky charm which makes for comfortable homes for the residents. The building features ample parking, a shared laundry room, front and rear porches, and two new heating systems. The largest of the units has 3 bedrooms and 2.5 bathrooms with a private front porch. Also on the first floor you'll find a spacious 1 bedroom unit with floor-to-ceiling picture windows overlooking the backyard. The second floor has a 2 bedroom 2 bathroom unit along with a studio which could be combined with another unit, or utilized as a separate office, artist's space or any other number of uses. 1 Summer Street is ideally located for short or long term tenants with convenient access to the retail outlet shops, breweries and restaurants, and coffee and chocolate shops - all the freeport village has to offer.
Location
State ME
County Cumberland
Zoning Village Commercial
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Baseboard
Cooling None
Flooring Wood
Exterior
Parking Features 5 - 10 Spaces, Gravel
Utilities Available 1
View Y/N No
Roof Type Shingle
Street Surface Paved
Garage No
Building
Lot Description Open Lot, Near Shopping, Near Turnpike/Interstate, Near Town
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Wood Siding,Wood Frame
Others
Energy Description Oil, Gas Bottled
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