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Adam Dow

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

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8 Emery Corner Rd , Limerick, ME 04048
$595,000
Est. Payment: $1,322.22/mo
0 Bed
2 Bath
2064 Sqft
Status: Active | Days on site: 169
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House Description

PRICE REDUCED ! INVESTORS TAKE NOTICE. Positioned on the shores of beautiful Sokokis Lake in the heart of Limerick, this rare mixed-use opportunity offers the perfect blend of lifestyle, income, and future potential. Zoned business/residential, this versatile lakefront property features two fully occupied rental units along with an established on-site laundromat creating multiple streams of revenue in a highly visible, prime location. The property has seen extensive updates throughout, including newer windows and doors, updated electrical panels and wiring, and on-demand tankless hot water systems. The roof has been replaced in phases, with half completed approximately three years ago and the remaining portion several years prior offering peace of mind for years to come. Unit A (Upper Front) is a thoughtfully designed studio, completely renovated approximately four years ago with all-new finishes at the time. Unit B (Lower Rear) was recently refreshed (July-Sept 2025) and features new flooring throughout, updated plumbing, a new stove, fresh paint, and replacement windows. Both units include dimmable lighting, adding a modern touch and enhanced comfort. The laundromat provides steady income and includes a utility room housing independent systems for heat, hot water, and security. There is also flexibility to expand--whether growing the laundromat operation or increasing residential space-- with approximately 30% expansion potential available under current zoning. Set on deep water frontage, the property boasts a private dock, swim area, and small beach access point--perfect for enjoying Maine summers. Spectacular lake views enhance both tenant appeal and owner enjoyment. Conveniently located within walking distance to local amenities--including dining, coffee shops, and more. This property combines small-town charm with everyday accessibility. Whether you're an investor seeking strong income potential or an owner-occupant looking to live this delivers on all fronts.

Highlights

Listed by Robert Letellier , 207-590-5178 Coldwell Banker Realty , 207-282-5988.

Property Type

Multi-Family

Lot/Acreage
0.3

Year Built

1950

County

York

Listing ID

1655282

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Floor:Carpet,Laminate,Vinyl
Above Ground Sq Ft:1224
Below Ground Sq Ft:840
Basement:Exterior Entry,Walk-Out Access,Finished,Full
Water:Public

Exterior Features

Lot:Intown,Near Shopping,Corner Lot,Level
Zoning:Village
Roof:Shingle
Others:
  • Additional:Boat Slip, Dock, Lake/Fresh Water, Waterfront Deep
Sewer:Public Sewer
Parking Features:Paved,21+ Spaces
Principal Interest
$1,322
Taxes
$335

Home Price

$595,000

Loan Details

30 yrs
%

Down Payment

20%
$119,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,322.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,322.22 $334.50 $0.00 $1,656.72
Yearly $15,866.67 $4,014.00 $0.00 $19,880.67
Total $476,000.00 $120,420.00 $0.00 $596,420.00

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 (Limerick, 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.