
Livermore, ME694 Federal Road
Price$1,800,000
Est. Mortgage: $/month
MLS Number 1551164
- MultiFamily
- Full Bath 7
- Half Baths 3
- Style Chalet, Ranch
- MLS Status Active
An investment property like this is a once in a lifetime opportunity and can change lives. Currently established as year-round yearly rentals with a good cash-flow, but the business potential is in the weekly or seasonal rentals of Air BNB, VRBO, and other vacation rental models. A total of seven properties with 495 feet of good, deep-water frontage, dock systems, plenty of parking and an additional 3.7 acres of undeveloped land, including a large parking lot, well and commercial septic system just across the road. The property consists of 2 cabins, a building with 2 units and a building with 3, all with multiple bedrooms and two with walk-out basements. All have washer & dryer, 5, 6 & 7 have a half -bath in the finished basement that could be used as a great room or additional bed space that walks out to the lawn & lake. The buildings are in great condition and ready for a new owner. Located less than 40 min to Auburn, 45 to Augusta, an hour to Sunday River, 30 min to Farmington and less than 3 hours to Boston. This could be a perfect 1031 property and a lifestyle changer
Listed by Better Homes & Gardens Real Estate/The Masiello Group
Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details