36 Green Head Rd - Apartments FOR SALE


Stonington, ME 04681
$298,000 USD
207-812-2288
36 Green Head Rd, Stonington, ME for Sale
$298,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

36 Green Head Rd
Stonington, ME 04681


OVERVIEW

Reduce your mortgage with rental income! New flooring, kitchen cabinets and paint just completed in the Ranch. Great residential investment opportunity in the Green Head District of Stonington Village: 3 dwellings on nearly .5 Acres: 1) 2 Bedroom Ranch, 2) Detached Garage with 1 Bedroom Apartment and, 3) 1 Bedroom Cottage. Both the Ranch and Garage apartment have been used as long term rentals and the third building needs some TLC to restore it to the quaint cottage it has the potential to become once again. Other features include a sloping lawn, gardens and even a stand of trees at the rear of the property with a cleared area beneath for a picnic table or relaxing in the shade. Close to Stonington town center, Sand Beach, Come tour the property and consider the many creative ways this could work for you!

FOR SALE DETAILS

PRICE

$298,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

2

PRICE/UNIT

$149,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

-

APN/PARCEL ID

STGT-000004B-000000-000031

ASK ABOUT THIS PROPERTY

Roger OlsenThe Island AgencyMore Info
207-812-2288

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Roger OlsenThe Island AgencyMore Info
207-812-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.