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Adam Dow

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

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16 Beech St , Calais, ME 04619
$315,000
Est. Payment: $700.00/mo
0 Bed
4 Bath
2880 Sqft
Status: Active | Days on site: 5
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House Description

Four Doors. Four Income Streams. One Very Manageable Property. Some investment properties come with a long list of things to manage. This one keeps it refreshingly simple. This stand alone mixed use building in Calais offers four separate rental units.....two commercial spaces on the first floor and two one bedroom apartments above. All four are currently rented, creating an established income producing property with a diversified mix of commercial and residential tenants. Built in 2001 and well maintained, the property is designed for functionality and ease of ownership. A large paved parking area provides plenty of space for tenants and customers, while the lack of lawn means there is little in the way of grounds maintenance. Upstairs, each apartment has a large private deck...an appealing amenity for residential tenants and a feature that adds to the property's overall appeal. The location works for both sides of the property. Situated in Calais near the international border crossing into Canada, it is just minutes from downtown shopping, dining, services and other amenities. There is no renovation project waiting here and no need to dream up a new use. It is already doing what an investment property should do: occupied, producing income and relatively easy to manage. Whether you're expanding an existing portfolio or looking for an approachable way into commercial real estate, this is an investment worth a closer look.

Highlights

Listed by Britani Holloway , 207-214-1970 Berkshire Hathaway HomeServices Northeast Real Estate , 207-942-8261.

Property Type

Multi-Family

Lot/Acreage
0.28

Year Built

2001

County

Washington

School District

Calais Public Schools

Listing ID

1678827

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:2
Floor:Carpet,Laminate,Linoleum
Above Ground Sq Ft:2880
Below Ground Sq Ft:0
Basement:Not Applicable,Slab
Water:Public

Exterior Features

Lot:Near Town,Open Lot
Zoning:Urban Residential
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved,21+ Spaces
Principal Interest
$700
Taxes
$266

Home Price

$315,000

Loan Details

30 yrs
%

Down Payment

20%
$63,000
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Monthly Price:
$700.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $700.00 $266.00 $0.00 $966.00
Yearly $8,400.00 $3,192.00 $0.00 $11,592.00
Total $252,000.00 $95,760.00 $0.00 $347,760.00

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 (Calais, 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.