1650 Post Road, Wells, Maine 04090

$439,900
4
BD
4
BA
2,128
SqFt
List Price
$439,900
MLS#
1482583
Status
ACTIVE
Type
Single Family Residential
City
Wells
County
York
Bedrooms
4
Bathrooms
4
Living Area
2,128
Year Built
1900

Property Description

Unique opportunity to own a 4-unit apartment building in Wells. This 1900's classic colonial features 4, one-bedroom/one-bath apartments with open-concept kitchen and living areas. The building offers two units upstairs and two units down. This .273-acre lot features ample parking for tenants and is conveniently located to many local amenities. Walking distance to Wells Harbor, IGA, numerous restaurants, Cumberland Farms, etc. Currently the building is fully rented month-to-month with no long-term leases in place. Rents are well below market, so there is plenty of room for added revenue. Since the building is in the General Business District there are endless opportunities including a commercial conversion, owner occupied living, weekly rentals or continued use as a long-term rental apartment building. The property has had many upgrades over the past 10 years or so including a new roof, furnace, dry basement system, updated wiring, and some components to the kitchens and baths. This one won't last long! In an effort to minimize the impact on the tenants, showings will be group showings conducted once a week. All Covid-19 precautions will be enforced including wearing a mask and gloves. First Showings will be by appointment only this Saturday, 2/27 from 11:00 AM - 2PM. Call today to setup you time to see this unique opportunity!

Additional Information

Exterior
Vinyl Siding
Living Area
2,128
Heat Fuel
Propane
Roads
Paved, Public
Tax Year
20-21
Gas
Bottled
Parking
5 - 10 Spaces
Recreational Water
Nearby, Public
Garage
No Vehicle Storage, Off Street Parking
Electric
Circuit Breakers
Location
Intown, Near Golf Course, Near Public Beach, Near Shopping
Water
Public
Basement
Crawl Space, Sump Pump, Unfinished
Full Tax Amount
3564
Heat System
Baseboard, Hot Water, Multi-Zones
Water Heater
Gas, Tank
Cooling
None
Year Built
1900
Equipment
Cable, Internet Access Available
Appliances Included
Gas Range, Refrigerator
Floors
Carpet, Vinyl, Wood
Restrictions
No Restrictions
Acres
0.27
Roof
Shingle
Driveway
Paved
Road Frontage
125
Construction
Wood Frame
Color
White
Transportation
Major Road Access, Public Transport Access, Rail Available
Amenities
Attic
Style
Colonial
Foundation Materials
Poured Concrete, Stone
Courtesy Of Listing Office
Exit Oceanside Realty

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of Exit Oceanside Realty.

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