1 Bradley Street
Property Description
Wouldn't it be nice to own a building that didn't need anything? 1 Bradley Street, Saco. Built in 1865, COMPLETELY REBUILT IN 2018. The builder/owner took this 1865 building right down to the studs and completely renovated it inside and out in 2018. New electrical, plumbing, sheetrock, dense-pack insulation, siding, 30-year architectural shingles, boiler, windows, driveway, slab in the basement and ... my goodness he even added gutters with leaf guards! Who does that? Even insulated between the floors. The result is a remarkably heat efficient building, see the P&L. And then there's the inside, the kitchens, baths, plumbing fixtures, all white kitchen cabinets and luxury vinyl plank flooring. All the apartments are clean and effectively only 8 years old. Here's the opportunity if you want to live here: The first-floor apartment offers approximately 1,300 square feet - larger than some single-family homes - with a double living room, pantry, laundry and plenty of space for a home office, plus there is a nice yard, and parking for 9-10 cars plenty of room. Live here for a while, then add an ADU? Oh, wait you can add a 4th unit?? Yep! HDR zone (3000sf per unit) this is a 12,155sf lot do the math. High demand location: Directly across from Shaw's Shopping Plaza, you can walk to breakfast at Lucky Loggers, shop at Reny's, stop at the bank or pickup groceries. It's a convenient place to live and that makes these apartments easy to rent and attractive to tenants. Are you an Investor?? Hire your handy man to work on your other buildings because you won't need it here. Bottom Line: Whether you're an investor looking to park 1031 Exchange money or a buyer looking to live on the premises - this is a property where the expensive work has already been done and the location is in high demand. P&L, Improvement List available upon request, Showings by appointment.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $745,000 |
| No. of Units: | 3 |
| Year Built: | 1865 |
| Lot Size: | 2,772.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $248,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 3 |
ID: 3yd-MREISME-1683660
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout