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MULTI_FAMILY - Stonington, ME
Prime cash-flowing investment property in the heart of coastal Maine! This 1.4-acre property features five updated rental units plus a workshop, storage garage, laundry room, and office, producing $5,900/month ($70,800 annual gross) with strong rental demand. Major recent upgrades include full electrical overhaul with a backup generator and renovations in multiple units. Tenants enjoy ample parking and proximity to Stonington Harbor, restaurants, and shops. Excellent opportunity for investors seeking turnkey income with upside potential. Highlights: - 5 rental units + additional income from coin-op laundry and storage - 1.4-acre lot with room for continued improvement or expansion (verify with town) - Recent electrical and generator installation - Strong occupancy history, ideal for investor or owner-operator Financials available upon request. Don't miss this rare chance to own a stabili...
Prime cash-flowing investment property in the heart of coastal Maine! This 1.4-acre property features five updated rental units plus a workshop, storage garage, laundry room, and office, producing $5,900/month ($70,800 annual gross) with strong rental demand. Major recent upgrades include full electrical overhaul with a backup generator and renovations in multiple units. Tenants enjoy ample parking and proximity to Stonington Harbor, restaurants, and shops. Excellent opportunity for investors seeking turnkey income with upside potential. Highlights: - 5 rental units + additional income from coin-op laundry and storage - 1.4-acre lot with room for continued improvement or expansion (verify with town) - Recent electrical and generator installation - Strong occupancy history, ideal for investor or owner-operator Financials available upon request. Don't miss this rare chance to own a stabilized, income-producing property in one of Maine's most desirable coastal markets.
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Is this your property? Sell it faster with premium placement and targeted ads.