13 Center St, Skowhegan, ME 04976

2,864 SF Specialty Building Offered at $179,900 at a 6.45% Cap Rate in Skowhegan, ME 04976

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $179,900

Property Type
Specialty
Square Feet
2,864 SF
Price / Square Foot
$63

Listing Contacts

Research In Progress
Verified Profile
  • Property Info

Property Overview

Cash flowing multiunit with tons of additional opportunity! This is currently set up as a 3 unit with long term reliable tenants. Lots of improvements including: new shingles on mansard roofing within the past couple years, brand new porches built for units 2 and 3, new electric hot water heater, new smoke detectors and newer direct vent heaters for each of the 3 units. Updated kitchens, appliances and some exterior paint done. There is additional unused space that could be converted into another 2-3 apartments with potential to more than double the existing income! Very large lot with a nice yard and tons of parking. Keep it as is and make solid income or bring it to it's full potential!

Property Details

Class
C
Year Built
1902
Stories
3
Property Subtype
Residential Income
Lot Size (sq. ft)
13,504 SF

Highlights

  • Enough unfinished space for an additional 3 units
  • Long term tenants
  • Large lot/yard

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