Property Description

This two-unit offers a reported annual net operating income of $30,725, making it an appealing option for buyers seeking an income-producing investment or a future owner-occupied property with rental income to help offset expenses. Set on a sunny, elevated 3-acre parcel near the Westbrook line, the property combines liberal outdoor space with an oversized two-car garage, insulated outbuilding, an inground pool, a paved driveway, and ample parking. Unit 1 rents for $1,400 per month plus half of the electric and propane costs and features 2 bedrooms, 1 bath, a kitchen, a family room, and a covered patio. Unit 2 rents for $1,800 per month plus half of the electric and propane costs, with the tenant responsible for mowing and driveway clearing. This spacious upper-level unit offers 4 bedrooms, 2 baths, and a generous living area with a bonus room. Propane heat, a pellet stove, recently updated windows, and a private yard add to its appeal, while cosmetic updates offer an opportunity to refresh the space and build value. Farm District zoning has many permitted uses for Investors with a vision. With strong numbers, versatile uses, and room for capital appreciation, this property is an attractive investment today with greater potential tomorrow! Schedule showings under MLS # 1685309

Property Features