- 4 BA
- 4 units
- 2,711 sq.ft.
- 0.12 acres
- property type Multi-Family
- class Multi-Family
- style Colonial
- year built 1850
- listing office Benchmark Real Estate
- selling office John Graham Real Estate
Rare 4-Unit In Historic Topsham Village presents an outstanding opportunity for both investor and owner occupant. The current cash flow / annual income of $35K is impressive but 3 at-will tenants ensure a new owner has a flexibility to take below market rents to new levels of profitability. Current and previous owners have updated and maintained the property to ensure ease of ownership from the super efficient heat and replacement windows to the low/no maintenance siding. Heat is included in rent but with this boiler it makes sense - tenants love this and will pay more per/month for it and it's so efficient you can come out on top. Tenants pay electric and each unit is an ideal 1 bedroom and 1 bath with off street parking. The attic is a blank slate and the land of opportunity... maybe another unit, maybe an expansion of one of the owner units. The possibilities are many, the opportunity is apparent, the location can't be beat. Just a short walk or drive to the recreation, restaurants, bars, breweries, boutiques and even Bowdoin College. Smart buyers know Brunswick / Topsham is already 'happening' and poised for rapid appreciation. Come tour but don't delay. Out of an abundance of respect for the tenants showings are limited to Friday 5/14 and Monday 5/17 between 12-2. Buyers and brokers are welcome with no appointment needed. Offers due Tuesday 5/18 @ 3PM.
Listing Files
- Style Colonial
- Year Built 1850
- Lot Size 0.12 acres
- SQFT Finished Above Grade 2711
- County Sagadahoc
- City Topsham
- Zone R1
- Location Historic District, Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping
- Water Frontage No
- Seasonal No
- Full Tax Amount $4,408.00
- Tax Year 2020
- Association Fee $0.00
- Total Units 4
- Baths Total 4
- Baths Full 4
- Basement Crawl Space, Full, Unfinished
- Amenities 1st Floor Bedroom, One-Floor Living, Other Amenities, Storage
- Construction Wood Frame
- Exterior Vinyl Siding
- Color White
- Basement Crawl Space, Full, Unfinished
- Roof Shingle
- Floors Carpet, Vinyl
- Heat System Baseboard, Hot Water, Multi-Zones
- Heat Fuel Oil
- Gas No Gas
- Water Heater Electric,Tank
- Electric Yes
- Water Yes
- Waste Water Disposal Public Sewer
- Driveway Gravel
- Parking 1 - 4 Spaces, Off Street, On Site
- Roads Paved, Public