Open House: Tue, May 7th 10:00 AM - 11:00 AM EDT

Active

1 Summer Street

Freeport ME, 04032

$875,000


Active

6.5 Baths

2,975 sqft

Multi-family

Built in 1910

Courtesy of Vitalius Real Estate Group, LLC

***Can't find a house? Start with a multi-family. Did you know that there is a new 5% down loan available to first time multi-family buyers? ***

This 4-family in the Freeport Village is a great opportunity for an owner occupant or long term investor. Once a Bed and Breakfast, the cozy units are now used as traditional year-round rentals. In addition to the outstanding location and walkability, the units have a funky charm which makes for comfortable homes for the residents. The building features ample parking, a shared laundry room, front and rear porches, and two new heating systems. The largest of the units has 3 bedrooms and 2.5 bathrooms with a private front porch. Also on the first floor you'll find a spacious 1 bedroom unit with floor-to-ceiling picture windows overlooking the backyard. The second floor has a 2 bedroom 2 bathroom unit along with a studio which could be combined with another unit, or utilized as a separate office, artist's space or any other number of uses. 1 Summer Street is ideally located for short or long term tenants with convenient access to the retail outlet shops, breweries and restaurants, and coffee and chocolate shops - all the freeport village has to offer.

1585085

MLS ID

May 3, 2024

Updated

Map

1 Summer Street
Freeport ME, 04032

Interior Features

Total Bathrooms

6.5


Floor Description

Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.64 Acres


Lot Features

Open Lot, Near Shopping, Near Turnpike/Interstate, Near Town


Architectual Style

Multi-Level


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$7,815


Tax Frequency

Annually


Garage

No


Parking

5 - 10 Spaces, Gravel


View

No


County

Cumberland


Water Source

Public


Pool

No


Zoning

Village Commercial


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/3/2024

Price Change

$875,000

-3%

5/3/2024

Active

4/29/2024

Pending

4/8/2024

Active

4/8/2024

Pending

Open House Schedule

Tue, May 7th

10:00 AM - 11:00 AM EDT

Listing Contact: 207-541-3755

Courtesy of  Vitalius Real Estate Group, LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Linda MacDonald shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Maine Real Estate Information System, Inc. All rights reserved. 

Data last updated 5:10 PM UTC, 5/3/2024

 

Powered byLuxury Presence