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About the Listing 1198 - 023887
Investment opportunity featuring three parcels at one location: 6, 7, and 8 Pleasant Street. OFFERING UP TO 10% SELLER FINANCING Please do not disturb tenants, this is a dead-end street. Last 200' or so is maintained by owner. 6 Pleasant Street is a vacant lot with no structure currently on it. Some infrastructure is already in place, offering future development potential. 7 Pleasant Street is the larger parcel and includes a 3-bedroom, 1-bath mobile home. The unit is currently rented for $1,150 per month, with the tenant responsible for all utilities except sewer. 8 Pleasant Street features a 2-bedroom, 1-bath mobile home with a Section 8 tenant, also generating $1,150 per month in rent. Rent hits the first of every month. Both tenant have been in place for over a year with no issues and have expressed wanting to stay for years to come. This property offers immediate cash flow with two occupied units that comfortably cover expenses, making it a strong option for both seasoned investors and those looking to enter the rental market. There is additional upside through potential rent increases and the opportunity to add a structure to the third vacant lot, subject to buyer due diligence and local approvals. A solid income-producing property with built-in value-add potential in a convenient location. These are agent owned properties, and have never been lived in by seller.
Listing Highlights
Status
Pending
Days on Site
31
Property Type
Multi-Family
MLS ®
1647225
Year Built
1989
Total Square Footage
1,830
Lot/Acreage
1.6
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1830
- Below Ground Sq Ft: 0
- Basement: Not Applicable
- Other: 1st Floor Bedroom
- Water: Public
Exterior Details
- Lot Description: Near Town,Ski Resort
- Garage Capacity: N/A
- Zoning: Residential
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 5 - 10 Spaces,Gravel
Financial Details
- Tax Amount: $740
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
7 Pleasant Street 6,7,8 Mexico, ME 04257
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