ID: 884267 11 Leonard Street Houlton Maine 04730

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Price : $ 48,500
Rent Income$ 1,125
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Category: Commercial
Type: For Sale
Total viewings : 3272
Date Added : 09-04-2011
Living Space1,600.00 ft²
Rooms11
Bedrooms5
Baths3.50
Year of Construction1900
Heating TypeOil Hot Air, Gas, Electric
Floor(s)2
Property Size0.25  acre

Overview

 MLS # 884267 Houlton Maine 3 Unit Rental Home. This Maine Apartment House Is Within Walking Distance Of Everything In Downtown Houlton Maine. Live Here Easily Without A Car. That's What The Tenants Like. And One Has Been Here 14 Years! Corner Lot, Quiet Neighborhood. 2 Units Down, One Up. Your Accountant While Cranking On The Adding Machine Year After Year Reminds You To Start Owning Income Generating Properties. This Is The Latest Maine Home He Was Referring Too! $40's Is All!  Chimney Topped, Well Built Older Maine Home.

Efficient, 14 New Vinyl Windows. Owner Has Been Busy Improving, Adding To The Property. New Heater For The Second Floor. 3.5 Baths. New Water Heater. Extra 9 Inches Of Insulation Added To Attic To Make It Easy To Heat. Updates To Plumbing On Both Levels. Lower Utility Bills For The Tenants Mean Happier Tenants That Stay Put. Saves You Money Too. The Landlord Works Hard To Be Sensitive, Helpful To The Tenants. That Makes A Good Working Relationship.  What Is Houlton Maine Like? Watch A Parade, The 4th Of July, Meet The People If You Are New To The Area.  


Showing Instructions
By appointment only with Mooers Realty
Telephone:  207-532-6573
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.

Address 11 Leonard Street
Zip Code 04730
Town Houlton
School District SAD 29
State ME
Country United States

Features & Amenities:

Home Style: New England
Year Of Construction:  1900
Lot Size: .25 Acre
Living Space: 1600' +/- sq. ft.
Floor(s): 2
Total No. Of Rooms: 11
No. of Rooms 1st Floor: 6
No. of Rooms 2nd Floor: 5  
Bedrooms: 5, 3 Rental units
Baths: 3.5 baths

Apartment House Layout:

1st Floor North: Efficiency rental owner made in former garage/ unfinished shed addition with two rooms, bath. 2nd floor could be two more bedrooms with stairway to this region. Area upstair now currently handy storage.

1st Floor South:  Kitchen, living room, half bath, bedroom down, 2 bedrooms up with full bath. 2 level apartment unit with front and side door off open porch.

 
2nd Floor Rental: Kitchen, living room, bedroom, full bath. 
Floor Type(s): Maple hardwood, carpet, vinyl in three unit rental home

Other Information:

Power: Yes
Phone: Yes
Basement: Full basement
Size/Type of Porch/Deck: Open side porch
Garage: None, converted to efficiency
Heating Type: Oil hot air, gas, electric
Cost To Heat: $2100

Water Type: Town
Water Heater: Oil fired
Sewer: Town
Road Frontage: 214'' +/- ft. (corner lot)
Land: Level to rolling, on knoll and elevated house site
Cleared: All lawns surround home. 
Wooded: Mature maples

School Bus: Door
Grade School: .8 Mile away
High School: 1.25 Miles away

Property Taxes: $969 +/-

Unique Features:

Rental Income Generator Is Priced To Sell, Easy To Own. Tenants More Than Pay For The Place. Do The Math, Make The Money. Get The Tax Benefits Your Accountant Was Telling You About. Key Location, Attractively Priced.

Condition of Property:

Good.

Updates To Make:

Porch. Replace floor or remove. On south side.

Condition

Area Information:

Houlton Maine is the center, hub, county seat for Aroostook, largest of Maine's sixteen. Houlton Maine, population 6476, is the shopping, employment, educational, health care center for this Southern Aroostook rental apartment house. Walk easy to University College that is 300' away. Houlton Maine has a modern hospital, two screen movie theatre, small airport and is on the Canadian border. US Rt 1, 2, 2A and Interstate 95 connect to the Trans Canada highway in Houlton Maine.

Miscellaneous

Financial Information

Price: $55,500     
Down Payment: Cash     
Owner Financing: No     
Reason For Sale: Other interests
Possession Date: As agreed, month to month tenants in place     
Other Buildings & Personal Property Included: 3 sets of stoves and refrigerators

Rents: 1st floor - $425 3 bedroom, heat not included. Efficiency - $300 (landlord pays electric, heat) 2nd floor - $400 includes heat

Contact Image
69 North Street ◊ 04730 ◊ Houlton ◊ ME ◊
   Phone: 207.532.6573
   Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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