2 Hopes Place, Bradley, ME 04411

$1,200,000
Property Type: Commercial Square Footage: 9,596 Lot Size (sq. ft.): 224,334 Status: Closed
Current Price: $1,200,000 List Date: 8/07/2024 Last Modified: 1/02/2025

Overview

Description

Excellent immaculate investment property 15 minutes from Bangor or 5 miles from the University of Maine. 7 townhouse units, in two separate buildings, each with two bedrooms and 1.5 bath, large eat in kitchen and living room. Sliders to open area for garden or enjoyment. There is an owner residence with an attached two car garage, two bedrooms, two en suites, living room, dining room, office den and gorgeous stone patio for entertaining. The owner's residence is located at the end of the second building for complete privacy or rental premium. Each building has a boiler room with laundry, well and septic. Generator on demand runs the heat, hot water, well and septic for both buildings. Complex has a workshop and 16 storage units for additional income.Undeveloped land can accommodate more units with adequate soils test and town approval. Excellent financials and cap rate. Fully occupied (owners residence will be vacant at or before closing) with long term tenancy. Leases run annually ...

Listing Details MLS# 1599625

Location Information

Street #
2
Street Name
Hopes
Street Type
Place
County
Penobscot
Town
Bradley
State/Province
ME
Zip Code
04411
Zip +4
5250
Leased Land
No
Book
4635
Page
151
Map
26
Lot
008
Zoning
RES
Zoning Overlay
No
Full Tax Amount $
11996
Tax Year
24
Association Y/N
No

Contract Information

Original List Price
1500000

Property Information

Primary Use
Multi Family
Surveyed
Yes
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
All
Bank Owned REO
No
Year Built
1990
SqFt Finished Total
9596
Lot Size Acres +/-
5.15

Status Change Info

Pending Date
2024-12-22
Closed Date
2024-12-30
Closed Price
1200000

Water Info

Waterfront
No

Utilities

Utilities On
Yes

More Information

Easement Remarks

Easement Remarks
Easement for driveway of abutting property across subject.

Property Features

Location: Rural Construction: Wood Frame Other Structures: Outbuilding; Shed(s) Property Uses: Hotel/Motel; Other; Self Storage Basement: Slab Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard Heat Fuel: Oil Floors: Carpet; Laminate; Vinyl; Wood Building Features: Generator; Storage Parking: 1 - 4 Spaces; Garage; Off Street; On Site; Paved Electric: Circuit Breakers; Generator Hookup; On Site Gas: Bottled Sewer: Private Sewer; Septic Tank Water: Private; Well

Documents

IDX
Listing Office: ERA Dawson-Bradford Co.
Selling Office: ERA Dawson-Bradford Co.
Last Updated: January - 02 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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