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Listed by Kimberly Clarke • KW Coastal and Lakes & Mountains Realty/N Conway

$495,000

Est. payment - /mo

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6 Beds

6 Baths

6,468 SqFt

Under Contract

25 Lovewell Pond RD Fryeburg, ME 04037

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Joanne Dee

joanne.dee@raveis.com +1(978) 604-1134

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Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 6,468 sqft

Price per Sqft $76

MLS Listing ID 5035027

Bedrooms 6

Full Baths 6

Construction Status Existing

Year Built 1990

Annual Tax Amount $4,566

Tax Year 2023

Lot Size 1.200 Acres

Acres 1.2

Property Description

Great opportunity to own a 3 Unit townhouse style building located in town and immediately adjacent to the snowmobile trails. Owned by the same family since built, this property includes the owners' vacation home in Unit 1 that features an open plan main living area with a wood stove, full kitchen, first floor bath with a shower and laundry, and a separate den. Upstairs are 2 bedrooms with a shared full bath, and there is a finished lower level with a large game room and a bonus room. Units 2 and 3 have been recently renovated with new flooring, updated kitchens, several new appliances, a new bay window in Unit 3 and new stair treads in Unit 2. Each of these units has an open plan main living area with woodstoves, 2 upstairs bedrooms with a shared full bath, a first floor bath with shower and laundry area, and a lower level that may be finished off or used for storage. All three units have back decks, access to a large paved parking area and lawn. This property sits immediately next to the snowmobile trail with plenty of room for your trailer. When rented these units go for $1900 a month but the owners have left them vacant for the next buyer to have lots of possibilities for their future use. In walking distance to schools, shopping and intown restaurants. The location makes this an ideal property as a long-term rental investment, a mixed use as primary home with two rental properties to help cover your costs, or as vacation rentals.

Location

State ME

County Me-oxford

Area Me-Oxford

Zoning Residential

Rooms

Basement Entrance Interior

Basement Bulkhead, Climate Controlled, Full, Partially Finished

Interior

Cooling Central AC, None

Flooring Carpet, Laminate, Vinyl

Exterior

Utilities Available Cable - At Site, Gas - LP/Bottle

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Concrete

Sewer 1500+ Gallon, On-Site Septic Exists, Private

Architectural Style Contemporary, Townhouse

Construction Status Existing

Schools

Elementary Schools Molly Ockett Elementary School

Middle Schools Molly Ockett Middle School

High Schools Fryeburg Academy

School District Msad #72

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Joanne Dee

Agent | License ID: 132042

+1(978) 604-1134

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25 Lovewell Pond RD Fryeburg, ME 04037

Joanne Dee

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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25 Lovewell Pond RD