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!
Listing courtesy of Exit Oceanside Realty.
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