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1 martel lane Lane

Bridgton

$550,000

3 beds   ·   2 baths   ·   1,560 sqft   ·   3.18 acres   ·   taxes: $1,599   ·   MLS#: 1671038

INVESTMENT OPPORTUNITY OR MORTGAGE PAID FOR - 4 trailers. Owner occupies newest, other three have tenants! Exceptional opportunity to own an income-producing property just minutes from downtown Bridgton. The property features a spacious owner-occupied double-wide home along with three additional tenant-occupied manufactured homes, offering immediate rental income and long-term investment potential. The main home is designed for comfortable living with an open floor plan centered around a chef's kitchen featuring a large center island, abundant cabinetry, and a generous walk-in pantry. Primary has en-suite and large walk in closet. An expansive mudroom/drop zone with an oversized laundry area provides exceptional everyday convenience, while the wood stove adds warmth and charm. Step outside to a large rear deck overlooking a beautifully maintained backyard oasis--an ideal setting for relaxing or entertaining. The three rental homes provide established income, with long-term tenants reflecting the desirability of the property. One tenant has resided there for 28 years, another for 7 years, and the newest for nearly a year. Adding to the property's appeal, one of the manufactured homes is situated across the road on a well-maintained parcel that may offer future subdivision potential. Buyers are encouraged to verify subdivision possibilities and permitted uses with the Town of Bridgton. Preliminary discussions with the town's Code Enforcement Office indicate it may be feasible, but buyers should perform their own due diligence. Whether you're looking to offset your mortgage, build wealth through rental income, or expand your investment portfolio, this versatile property offers a rare opportunity close to downtown Bridgton, lakes, skiing, shopping, and local dining.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Number of Rooms : 6
  • Year Built : 2022
  • Style : Ranch
  • Flooring : Luxury Vinyl
  • Exterior Features : Animal Containment System
  • Roof : Shingle
  • Basement : Not Applicable, None
  • Heating : Propane, Wood Stove
  • Cooling : Central Air
  • Appliances : Cooktop, Dishwasher, Refrigerator

Site

  • Water Body Type : Nearby, Public
  • Water Source : Well
  • View : Trees/Woods
  • Sewer : Septic Tank
  • Zoning : MBL
  • Other Structures : Shed(s)
  • Road Surface Type : Gravel
Listing provided by Portside Real Estate Group

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