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398 Brunswick Street

Old Town

$309,000

4 beds   ·   3 baths   ·   1,687 sqft   ·   0.16 acres   ·   taxes: $3,758   ·   MLS#: 1660248

Investment & Housing Potential: Located at 398 Brunswick St, this well-maintained 1,687-square-foot New Englander features 4 bedrooms and THREE bathrooms. The 4-bedroom layout allows you to live comfortably with the possibility to rent out the remaining rooms to offset living expenses. Until recently, it was tenant occupied by students and generating 2800 USD per month (was discounted for a family tenant). It offers immediate, turnkey income-generation in a high-demand college rental market. Operating expenses last year were 12,635, with an NOI of ~21,000 USD! Built in 1940 and situated on a 0.16-acre lot, this turnkey, well-maintained property offers incredible versatility for homebuyers, real estate investors, and those seeking off-campus housing for the University of Maine. It is move-in ready and the layout offers distinct living spaces set in a residential neighborhood with sidewalk access to surroundings. Location, Commute, and Sidewalk Access: This home offers exceptional proximity to both campus and local amenities. Residents can comfortably navigate the neighborhood by sidewalk. It is an easy .6 mile trip to the Old Town Public Library. Everyday essentials at Walgreens, and popular downtown dining options are similarly nearby as well. UMaine Commute: Located just 3.4 miles (a 5-to-10-minute drive) from the University of Maine at Orono, avoiding heavy highway traffic. Highway Access: Immediate access to I-95 (Exits 191 & 193) provides a direct 15-20-minute commute to major employers and shopping in Bangor. Parking : Features a paved driveway providing ample off-street parking with additional parking along the street permitted. Current tenants have had up to 6 vehicles in the driveway at a time.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Number of Rooms : 7
  • Year Built : 1940
  • Style : New Englander
  • Flooring : Carpet, Wood, Hardwood, Luxury Vinyl
  • Garage Spaces : 0.00
  • Roof : Flat, Membrane, Pitched, Shingle
  • Basement : Interior Entry, Full, Unfinished
  • Heating : Gas Natural, Forced Air
  • Cooling : None
  • Appliances : Dishwasher, Dryer, Electric Range, Refrigerator, Washer

Site

  • Water Body Type : Nearby, River/Brook/Stream
  • Water Source : Public
  • Utilities : Utilities On
  • Sewer : Public Sewer
  • Zoning : R-2
  • Other Structures : Shed(s)
  • Road Surface Type : Paved
Listing provided by Realty of Maine

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy