812 Stillwater AVE Old Town, ME 04468

MULTI-FAMILY MAGIC can be found in the numbers. Newer wall hung boiler and heating fuel converted to natural gas. Check out the spacious first floor comprised of: Apartment #1=1-bedroom rented for $1,780/mo, and approx. 654 sqft. Apartment #3=efficiency with 217 sqft rented for $460/mo, undeveloped workshop with a half bath=520 sqft, a connected shed and 2-story barn available for additional storage. Laundry room on site.
Entire second floor: Apartment #2= approx. 1,376 sqft and 2 bedrooms. It has been completely renovated from studs out by Paul Davis. New roof sheathing and shingles, new electric, new baseboard, new dormer, new windows, new flooring, new paint, new kitchen including new granite countertops, new shelving above sink and new SS appliances. All new bath with shelving, baskets, tub/shower combo, vanity and toilet. New mudroom area between stairs and apartment measuring 2.10X7.5. Great for storage, coats and boots. It is rented for $1,500/month. The apt is larger than many starter homes. Great potential to rent to visiting medical professional or other professionals.
Apartment #4 rented for $750/mo is a detached 372 sqft 1-bedroom with water/sewer/heat from main house.
The lot has over 1/2 acre of land, three parking areas and unlimited possibilities. Code states building can be expanded to 5 units if workshop is converted to living space, or more with barns developed. Close proximity to UMaine and adjacent to the bike trails, this multi-family checks all the buyer boxes while providing a long-term tenant solution. See the attached front, side and rear elevations to better understand the layout and apartment locations/sizes.