Future business/job creations in Skowhegan make this already cash strong investment property even more appealing! Property consists of 2 efficiency units, 2 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom 1.5 bath unit. One unit is currently being used as an Airbnb. An alternative heat source also provides flexibility against fuel prices. (KEDEL Pellet Boiler is tied into the oil baseboard heating system). Ample parking and proximity to town makes this an attractive option for tenants, thus it has been easy to rent. Recent capital improvements include foundation and new shingles on the garage allowing for additional monthly income from dry storage, many trees removed, various levels of updates to many apartments, some updated electrical, new front stairs and entry deck.

This is an Active listing.

Broker Office Phone Number: 207-873-5634

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