220 Kimball Road
Property Description
Investment opportunity in Bridgton! This move-in ready two-unit property offers two-bedroom apartments, each with its own private entrance and washer and dryer. Unit 1 features 2 bedrooms and 1.5 bathrooms, while Unit 2 offers 2 bedrooms and 1 bathroom. Situated on a private lot along a public road with no association fees, the property offers plenty of parking and is currently vacant, providing flexibility for an owner-occupant or investor. The advertised gross annual income of $41,040 is based on previous monthly rental rates of $1,845 for Unit 1 and $1,575 for Unit 2, annualized over 12 months. Both units are currently vacant and are not generating rental income. Tenants are responsible for heat, electricity, trash removal, and shoveling, while the landlord handles driveway plowing. Whether you're looking to live in one unit and rent the other or add a duplex to your investment portfolio, this property offers multiple possibilities.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $429,000 |
| No. of Units: | 2 |
| Year Built: | 1990 |
| Lot Size: | 2,392.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $214,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 2 |
ID: 3yd-MREISME-1681588
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