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
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.
Supplements: ********
More Information MLS# 1599625
Location Information
Book: 4635
Leased Land: No
Page: 151
Map: 26
Lot: 008
Zoning Overlay: No
Entrance Fee: 0
Association Y/N: No
Street #: 2
Street Name: Hopes
Street Type: Place
County: Penobscot
Town: Bradley
State/Province: ME
Zip Code: 04411
Zip +4: 5250
Zoning: RES
Full Tax Amount $: 11996
Tax Year: 24
Geo Lat: 44.8729
Geo Lon: -68.657719
Property Information
Primary Use: Multi Family
Surveyed: Yes
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Bank Owned REO: No
Lot Size Acres +/-: 5.15
Year Built: 1990
SqFt Finished Total: 9596
Location
Rural: 1
Easement Remarks
Easement Remarks: Easement for driveway of abutting property across subject.
Water Info
Water Frontage: No
Property Uses
Hotel/Motel: 1
Other: 1
Self Storage: 1
Construction
Wood Frame: 1
Other Structures
Outbuilding: 1
Shed(s): 1
Basement
Slab: 1
Foundation Materials
Poured Concrete: 1
Exterior
Vinyl Siding: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Heat Fuel
Oil: 1
Floors
Carpet: 1
Laminate: 1
Vinyl: 1
Wood: 1
Building Features
Generator: 1
Storage: 1
Parking
1 - 4 Spaces: 1
Garage: 1
Off Street: 1
On Site: 1
Paved: 1
Electric
Circuit Breakers: 1
Generator Hookup: 1
On Site: 1
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Private Sewer: 1
Septic Tank: 1
Water
Private: 1
Well: 1
Contract Information
Status: Closed
Original List Price: 1500000
Sold Price: $1,200,000
Current Price: $1,200,000
Status Change Info
Pending Date: 2024-12-22
Closed Date: 2024-12-30
Closed Price: 1200000
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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