Listed By:
RE/MAX Shoreline;
Address
11 Holman Avenue, Mexico, ME
Price
$ 165,000
Property Attributes
  • MLS#1662135
  • TypeMulti-Family
  • Listing Status Active
  • CountyOxford
  • CityMexico
  • Zip04257
  • StyleOther
  • Year Built1934
  • Taxes$ 1757
  • Price$ 165,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2268
  • Lot Size0.1 Acres
Data Source:
Maine Listings (MREIS)
Property Description

Income producing 3-unit multifamily investment property in Mexico, Maine with existing rental income and additional upside. 11 Holman Ave features one spacious 3-bedroom unit and two 1-bedroom units, with two units currently occupied and a vacant 1-bedroom offering the opportunity to place a new tenant. At full occupancy, projected gross rental income is $40,800 annually. Tenants pay their own electric, and all units include washer/dryer hookups. Conveniently located near area employers, shopping, services and everyday amenities. A solid opportunity for investors seeking a Maine multifamily with established income, a flexible unit mix and room for increased cash flow. 24-hour notice required for showings.

General Features

Sewer Public Sewer
Zoning None
Electric Circuit Breakers
Tax Year 2024
County Oxford
Property Type Multi-Family
HOA false
Status Active
City Mexico
Lot Size Units Acres
Lot Size Square Feet 4356
Tax Annual Amount 1757
Standard Status Active
Tax Lot 26
Heating Oil,Baseboard
Cooling None
Garage Y/N false
Land Lease Y/N false
High School District RSU 10
Roof Membrane
Architectural Style Other
Construction Materials Wood Frame,Asbestos,Shingle Siding
Year Built 1934
Attached Garage false
Full Baths 3
Patio/Porch Features Porch
Stories Count 2
Gross Income 29400
Operating Expense 12565
Number Of Units Total 3
Occupancy Type No
Exclusions Refrigerator, Range

Interior Features

Total Baths 3
Air Conditioning Y/N false
Heating Y/N true
Basement Interior Entry,Full,Unfinished
Flooring Laminate,Vinyl
Fireplace Y/N false
Above Grade Finished Area 2268
Interior Amenities Bathtub
Furnished Y/N Unfurnished
Total Stories 2

Exterior Features

Parking Features Gravel,1 - 4 Spaces,Off Street
Lot Features Intown,Near Shopping,Level
Water Source Public
Lot Size Area 0.1
Lot Size Acres 0.1
Road Surface Type Paved
Lot Size Source Public Records
Waterfront Y/N false
Building Area Total 2268
Foundation Details Poured Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 04257

Statistics provided by Inside Real Estate

Price
AVG $310K
$170K
Taxes
AVG $2,631
$1,757
Year Built
AVG 1911
1934