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290 Penney Road

New Gloucester

$449,999

4 beds   ·   3 baths   ·   2,752 sqft   ·   1.09 acres   ·   taxes: $3,532   ·   MLS#: 1679624

Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment. A detached 2-car garage provides ample parking and storage, while each unit has its own separate utilities, simplifying management and billing. The property has been very well cared for and is in excellent condition, reflecting pride of ownership. Currently generating over 5,000 per month, it offers strong income potential and cash flow. Additionally, the property has been pre-inspected for general building and septic systems, ensuring peace of mind with no surprises. Whether you're an owner-occupant looking for a live-in space with rental income or an investor seeking a turnkey asset with commercial flexibility, this property presents an outstanding opportunity to own a well-priced, income-producing asset with excellent future potential.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Number of Rooms : 13
  • Year Built : 1982
  • Style : Other, Ranch
  • Flooring : Carpet, Laminate, Vinyl
  • Garage Spaces : 2.00
  • Roof : Shingle
  • Basement : Doghouse, Finished, Full, Partial
  • Heating : Propane, Forced Air, Heat Pump
  • Cooling : Other, Heat Pump
  • Appliances : Cooktop, Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer, Tankless Water Heater

Site

  • Water Source : Private
  • Sewer : Private Sewer
  • Zoning : Residential
  • Other Structures : Outbuilding
  • Road Surface Type : Paved
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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