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Adam Dow

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

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37 Mason Hill Rd , Orrington, ME 04474
$299,900
Est. Payment: $666.44/mo
0 Bed
2 Bath
2174 Sqft
Status: Active | Days on site: 3
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House Description

Whether you're looking for an income-producing investment or the opportunity to live in one unit while rental income helps offset your housing costs, this well-designed Orrington duplex offers plenty of possibilities. Set back from the main road on approximately 3 private, wooded acres near Brewer Lake, the property offers a quiet setting while remaining within convenient reach of Brewer and Bangor. Each single-level unit features two bedrooms, one full bath, an open-concept kitchen, dining and living area, its own laundry room, and an attached one-car garage with direct entry. One side has recently been refreshed with an updated kitchen, flooring, carpeting, paint and bath finishes and is ready to move into or rent immediately. The second unit is functional and rentable as it sits, while offering an easy opportunity to add value with cosmetic updates such as fresh paint and new flooring. Both units were previously rented for $1,400 per month, or $2,800 in combined monthly rent, and those rents were below what may be achievable in today's market. The property is currently vacant, giving a new owner the flexibility to choose tenants, establish new rents, occupy one side, or begin improvements without working around existing leases. With two nearly mirror-image units, separate living spaces, garages and laundry areas, this is an attractive setup for an investor, multigenerational living, or an owner-occupant looking to have a tenant help offset the cost of ownership. Located near Brewer Lake, without the waterfront price tag. 37 Mason Hill Road represents a versatile opportunity in a private Orrington setting.

Highlights

Listed by Corey Dunn , 207-949-2425 EXP Realty , 888-439-8743.

Property Type

Multi-Family

Lot/Acreage
3.03

Year Built

2003

County

Penobscot

Listing ID

1680521

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Cable
Floor:Carpet,Vinyl
Above Ground Sq Ft:2174
Below Ground Sq Ft:0
Basement:Not Applicable,Slab
Other:
  • Additional:1st Floor Bedroom, Bathtub, Shower
Water:Private

Exterior Features

Lot:Rural,Rolling Slope,Wooded
Zoning:res-farming
Roof:Shingle
Sewer:Private Sewer
Parking Features:Gravel,5 - 10 Spaces,Inside Entrance
Principal Interest
$666
Taxes
$266

Home Price

$299,900

Loan Details

30 yrs
%

Down Payment

20%
$59,980
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:
$666.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.44 $265.50 $0.00 $931.94
Yearly $7,997.33 $3,186.00 $0.00 $11,183.33
Total $239,920.00 $95,580.00 $0.00 $335,500.00

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 (Orrington, 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.