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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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62 Middle Ridge Rd , Bridgton, ME 04009
$495,000
Est. Payment: $1,100.00/mo
0 Bed
4 Bath
2040 Sqft
Status: Active Under Contract | Days on site: 6
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1036 - 013245
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House Description

Now available as a brand-new income-producing duplex, offering an outstanding opportunity for investors, owner-occupants, or buyers looking to offset their mortgage with rental income. Each thoughtfully designed unit features 2 bedrooms, 1.5 baths, and approximately 1,020 sq. ft. of finished living space, providing a combined 4 bedrooms, 2 full baths, 2 half baths, and approximately 2,040 sq. ft. Both units feature modern kitchens with granite countertops and brand-new stainless steel appliances, including refrigerators, electric ranges, dishwashers, microwaves, and washers/dryers. Quality, energy-efficient construction includes spray foam insulation and heat pumps for year-round heating and cooling, helping provide comfortable and efficient living for future occupants. With everything brand new, this property provides the advantage of low-maintenance ownership and strong rental appeal without the immediate repairs and capital improvements often associated with older multifamily properties. Whether you're looking to live in one unit and rent the other to help offset your monthly expenses, add a turnkey property to your investment portfolio, or rent both units for long-term income, this duplex offers flexibility and excellent potential. A rare opportunity to own new construction multifamily real estate and begin building equity while generating income from day one.

Highlights

Listed by James Oberg , 207-647-5551 Oberg Insurance & Real Estate Agency, Inc. , 207-647-5551.

Property Type

Multi-Family

Lot/Acreage
1.84

Year Built

2026

County

Cumberland

Listing ID

1677783

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:2
Air Cond:Heat Pump
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:2040
Below Ground Sq Ft:0
Basement:Not Applicable,Slab
Water:Private,Well

Exterior Features

Lot:Near Country Club,Near Golf Course,Near Public Beach,Near Town,Level,Open Lot,Landscaped
Zoning:Rural
Roof:Shingle
Sewer:Septic Tank
Parking Features:Gravel,1 - 4 Spaces
Principal Interest
$1,100
Taxes
$247

Home Price

$495,000

Loan Details

30 yrs
%

Down Payment

20%
$99,000
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Monthly Price:
$1,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,100.00 $246.75 $0.00 $1,346.75
Yearly $13,200.00 $2,961.00 $0.00 $16,161.00
Total $396,000.00 $88,830.00 $0.00 $484,830.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bridgton, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.