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48 Palmer Road

Newport

$315,000

beds   ·   2 baths   ·   1,440 sqft   ·   3.17 acres   ·   taxes: $3,440   ·   MLS#: 1667826

MOTIVATED SELLER!! Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Both units are currently rented, providing immediate income potential for investors or those looking to expand their portfolio. The current owner covers heat and internet; however, because each unit has its own separate heating system, heat could easily become a tenant-paid expense, improving your return on investment. Situated in a peaceful country setting, this property offers the perfect balance of privacy and convenience with easy access to the interstate for commuting and travel. The generous acreage and ample road frontage provide the potential for future development, including the possibility of adding another home (subject to local approval). Whether you're seeking a turnkey investment or a property with room for growth, this Newport duplex is worth a closer look. All appliances, including washer and dryers, are included!

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1993
  • Style : Ranch
  • Flooring : Tile, Vinyl
  • Roof : Shingle
  • Basement : Exterior Entry, Dirt Floor
  • Heating : Oil, Baseboard, Heat Pump, Hot Water
  • Cooling : Heat Pump

Site

  • Water Source : Well
  • View : Trees/Woods
  • Sewer : Septic Tank
  • Zoning : Rural
  • Other Structures : Outbuilding, Shed(s)
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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