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Adam Dow

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

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79 Rat Mill Hill Rd , Mount Vernon, ME 04352
$225,000
Est. Payment: $500.00/mo
3 Bed
1 Bath
1096 Sqft
Status: Active | Days on site: 2
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House Description

Investment opportunity with room to add value! This 2-acre property offers a great opportunity for a builder, investor, or savvy buyer looking to create equity. The property features a private, wooded setting just minutes from Winthrop and Manchester, along with a 28' x 56' concrete slab already in place—providing an excellent starting point for a future garage, workshop, or additional structure. The existing building was originally constructed as a garage and has since been converted into living space, offering the flexibility to reconfigure the first floor back into garage or workspace. With acreage, existing improvements, and multiple possibilities for expansion and renovation, this property presents plenty of potential for the right vision.

Highlights

Listed by Kelly Webb-Quinn , 207-784-3800 Fontaine Family-The Real Estate Leader , 207-784-3800.

Property Type

Residential

Lot/Acreage
2

Year Built

2005

County

Kennebec

Listing ID

1679319

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Electric Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Wood,Linoleum
Above Ground Sq Ft:1096
Below Ground Sq Ft:0
Basement:Not Applicable,Slab
Water:Private

Exterior Features

Lot:Rural,Rolling Slope,Wooded
Zoning:Residential
Roof:Metal,Pitched
Sewer:Private Sewer
Parking Features:Gravel,11 - 20 Spaces
Principal Interest
$500
Taxes
$141

Home Price

$225,000

Loan Details

30 yrs
%

Down Payment

20%
$45,000
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Monthly Price:
$500.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $500.00 $141.08 $0.00 $641.08
Yearly $6,000.00 $1,693.00 $0.00 $7,693.00
Total $180,000.00 $50,790.00 $0.00 $230,790.00

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 (Mount Vernon, 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.