236-242 Main Street, Bingham, ME 04920
$295,000
Property Type:
Multi-Family
Baths:
6
Square Footage:
3,540
Lot Size (sq. ft.):
21,344
Status:
Active
Current Price:
$295,000
List Date:
4/26/2024
Last Modified:
4/26/2024
Description
Here is Your Ideal property in Bingham, Maine!
Opportunity awaits with this combined total 5-unit multifamily property. Building one is a 4 unit (possible 5th) Main Street apartment building and building two is a separate adjacent mobile home.
Discover the perfect blend of comfort, convenience, and adventure with this awesome property. Nestled in the heart of Bingham, Maine, the charming 4-unit apartment building offers a unique lifestyle with additional rental space and or an owner's living area in a separate mobile home. Let this opportunity be your gateway to the Upper Kennebec Valley!
The Apartment Building Features:
1 newly updated one bedroom apartment and 3 two bedroom apartments. All units are rented with great tenants, building has wonderful rental history with a low turnover rate. All units have washer/dryer hook ups. Unit #2 is vacant and unfinished, but could be turned into even more income!
The adjacent mobile home Features:
2 Bedrooms and a 8x12 entryway. This also has a great rental history. Whether you're an investor or an owner-occupant, this separate dwelling provides flexibility and great additional rental income.
Outdoor Enthusiasts Rejoice and explore the Upper Kennebec Valley as endless adventures await!
The region is home to some of Maine's best White-Water Rafting and Kayaking. Brave the thrilling rapids of the Kennebec River with guided rafting and kayaking trips.
Hiking Trails: Region is home to numerous awesome day hikes as well as a section of the Appalachian Trail System. Lace up your boots and explore scenic trails, including the breathtaking Moxie Falls hike.
Fishing Paradise: Cast your line into the nearby blue-ribbon tail water of the Kennebec River below Wyman Dam, literally walking distance away, or visit the many pristine lakes, ponds, streams and rivers in the region that are home to trout and salmon.
Huntings: For hunters, large tracts of publicly accessible land throughout the region offers great opportunities
Supplements: ********
More Information MLS# 1582452
Location Information
Street #: 236-242
Street Name: Main
Street Type: Street
County: Somerset
Town: Bingham
State/Province: ME
Zip Code: 04920
Leased Land: No
Book: 5330
Page: 85
Map: u9
Lot: 50
Zoning: General
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 2267.18
Tax Year: 2023
Geo Lat: 45.052622
Geo Lon: -69.882612
Contract Information
Status: Active
Original List Price: 295000
List Price: $295,000
Current Price: $295,000
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Bank Owned REO: No
2 Detached Houses on 1 Lot: Yes
Number of Units: 6
Total Baths: 6
Total Full Baths: 5
Total Half Baths: 1
Color: White
Year Built: 1898
SqFt Finished Above Grade: 3540
SqFt Finished Total: 3540
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.49
Source of Acreage: Public Records
Road Frontage: Yes
Road Frontage +/-: 165
Source of Road Frontage: Public Records
Compensation & Misc Info
Buyer Agency: 2.4
Buyer Agency Type: %
Water Info
Water Frontage: No
Water View: No
Building Info
# Floors: 3
# Heating Units: 2
# Water Heaters: 2
Income & Expenses
Gross Income: 38400
Operating Expenses: 19431.34
Units
# of 1 BD Units: 2
# of 2 BD Units: 4
Fixtures Exclusions
Fixtures Exclusions: Washers and dryers
Unit 1
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 650
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2
Lease: No
Level: First
Security Deposit: No
# Half Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: No
Refrigerator: No
Sewer: Yes
Water: Yes
Unit 3
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 625
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 525
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Unit 5
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 800
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 600
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Property Features
Site: Open
Location: Intown; Neighborhood
Roads: Public
Recreational Water: Nearby
Style: Multi-Level; New Englander; Single Wide
Construction: Mobile; Wood Frame
Basement: Slab
Basement Entry: Walk-Out
Exterior: Vinyl Siding
Roof: Metal
Heat System: Forced Air; Hot Water
Heat Fuel: Oil; Propane
Water Heater: Electric; Off Heating System
Cooling: None
Floors: Carpet; Laminate; Vinyl; Wood
Patio and Porch Features: Deck
Equipment: Internet Access Available
Driveway: Gravel
Parking: 5 - 10 Spaces; On Site
Vehicle Storage: No Vehicle Storage
Restrictions: No Restrictions
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Documents
Listing Office: Coldwell Banker Realty
Last Updated: April - 26 - 2024
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.