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 from September through August.
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
- Entrance Fee
- 0
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
- Water Frontage
- No
Utilities
- Utilities On
- Yes
More Information
Location
- Rural
- Yes
Easement Remarks
- Easement Remarks
- Easement for driveway of abutting property across subject.
Property Uses
- Hotel/Motel
- Yes
- Other
- Yes
- Self Storage
- Yes
Construction
- Wood Frame
- Yes
Other Structures
- Outbuilding
- Yes
- Shed(s)
- Yes
Basement
- Slab
- Yes
Foundation Materials
- Poured Concrete
- Yes
Exterior
- Vinyl Siding
- Yes
Roof
- Shingle
- Yes
Heat System
- Baseboard
- Yes
Heat Fuel
- Oil
- Yes
Floors
- Carpet
- Yes
- Laminate
- Yes
- Vinyl
- Yes
- Wood
- Yes
Building Features
- Generator
- Yes
- Storage
- Yes
Parking
- 1 - 4 Spaces
- Yes
- Garage
- Yes
- Off Street
- Yes
- On Site
- Yes
- Paved
- Yes
Electric
- Circuit Breakers
- Yes
- Generator Hookup
- Yes
- On Site
- Yes
Gas
- Bottled
- Yes
Sewer
- Private Sewer
- Yes
- Septic Tank
- Yes
Water
- Private
- Yes
- Well
- Yes
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
Building 1 disclosures deed maps ›
Listing Office:
ERA Dawson-Bradford Co.
IDX
Last Updated: January - 02 - 2025
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