25 Lovewell Pond RD #1,2,3

Fryeburg,ME 04037

$ 495000

- Bed

6 Baths

6468 SqFt


Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Square Footage 6,468 sqft

Price per Sqft $76

MLS Listing ID 1618026

Style Other

Full Baths 6

Year Built 1990

Annual Tax Amount $4,566

Tax Year 2023

Lot Size 1.200 Acres

Property Description

Great opportunity to own a 3 Unit townhouse style building located in town and immediately adjacent to the snowmobile trails. Owned by the same family since built, this property includes the owners' vacation home in Unit 1 that features an open plan main living area with a wood stove, full kitchen, first floor bath with a shower and laundry, and a separate den. Upstairs are 2 bedrooms with a shared full bath, and there is a finished lower level with a large game room and a bonus room. Units 2 and 3 have been recently renovated with new flooring, updated kitchens, several new appliances, a new bay window in Unit 3 and new stair treads in Unit 2. Each of these units has an open plan main living area with wood stoves, 2 upstairs bedrooms with a shared full bath, a first floor bath with shower and laundry area, and a lower level that may be finished off or used for storage. All three units have back decks, access to a large paved parking area and lawn. This property sits immediately next to the snowmobile trail with plenty of room for your trailer. When rented these units go for $1900 a month but the owners have left them vacant for the next buyer to have lots of possibilities for their future use. In walking distance to schools, shopping and intown restaurants. The location makes this an ideal property as a long-term rental investment, a mixed use as primary home with two rental properties to help cover your costs, or as vacation rentals.

Location

State ME

County Oxford

Zoning Residential

Interior

Heating Forced Air

Cooling Other

Flooring Vinyl,Laminate,Carpet

Fireplaces Number 3

Laundry Laundry - 1st Floor,Main Level

Exterior

Parking Features 5 - 10 Spaces,Paved,Common,On Site

Utilities Available 1

View Y/N Yes

View Trees/Woods

Roof Type Shingle

Building

Lot Description Level,Sidewalks,Intown,Near Shopping,Near Town,Rural

Story 2

Foundation Concrete Perimeter

Sewer Septic Tank,Private Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Schools

School District Rsu 72/Msad 72

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