Multi-Family for Sale: 20-22 Lee Road, Lincoln, ME 04457

6 full baths
$454,000
$454,000
20-22 Lee Road, Lincoln, ME 04457
6 full baths
$454,000
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Price:
$454,000
$41,000 - 11/01/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style New Englander
Total Baths 6 full baths
Square Feet 4,400 sqft
Lot Size 0.37 acres
Year Built 1900
Taxes Paid $3,991
City Lincoln
County Penobscot
MLS 1605186
Status Active
DOM 58 days
Investment Opportunity: Prime Apartment Package in a Thriving Community. Discover a unique opportunity to invest in two well maintained apartments nestled within a vibrant small community. Just a short walk to restaurants, shops and the downtown area make these properties a prime location. This charming locale boasts 13 stunning lakes, perfect for outdoor enthusiasts and creating a serene living environment. Our community is benefiting from grant funding designated for the redevelopment of a local factory, which we anticipate will significantly impact the economic growth in the area making this package a great long term investment. Natural Gas is along the road front and for an invetment of $13,000 the units can be converted. These well maintained properties have housed long term tenants who have truly made these spaces their homes for years. Take advantage of this rare chance to invest in a flourishing community poised for growth.

Room Features

Basement Description Brick/Mortar, Walk-Out Access, Unfinished, Full, Dirt Floor

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $3,991

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 3
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 3
Unit 3 of Rooms 5
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 3
Unit 5 Full Baths 1
Unit 5 of Bedrooms 2
Unit 5 of Rooms 4
Unit 6 Full Baths 1
Unit 6 of Bedrooms 2
Unit 6 of Rooms 4

Price History of 20-22 Lee Road

Date Name Price Difference
11/01/2024 Price Adjustment $454,000 8.28%
09/27/2024 Listing Price $495,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 20-22 Lee Road, Lincoln, ME

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Photo of Jacqui Coons
Direct: 603-490-2511
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by Trinity Business Brokers, Sherry Robbins 207-922-3276
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0.87907488986784%
6.75%
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20-22 Lee Road (MLS #1605186) is a new englander multi-family listing located in Lincoln, ME. This multi-family listing is 4,400 sqft and on a lot of 16,117 sqft (or 0.37 acres) and is 124 years old. This property was listed on 09/27/2024 and has been priced for sale at $454,000.

Nearby zip codes are 04417 and 04493. This property neighbors other cities such as Burlington, Chester, Enfield, Lowell and Mattamiscontis Twp.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Trinity Business Brokers

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.