$525,000
Rare mixed-use investment opportunity featuring three income-producing units across two separate buildings. Whether you’re an investor looking to expand your portfolio, an entrepreneur seeking a versatile property, or an owner-occupant looking to offset your mortgage, this property offers flexibility and multiple income opportunities. The property includes a detached approximately 1,800-square-foot… Read More commercial building currently leased to and occupied by an established daycare tenant, providing consistent commercial rental income, along with a front duplex offering two 2-bedroom, 1-bath apartments totaling 1,648 square feet. Significant renovations were completed to the commercial building in 2024, enhancing its functionality and appeal. Featuring an open floor plan, two bathrooms, and storage areas, the space offers flexibility for a variety of commercial uses, subject to local approvals. Current lease information and income figures are available upon request. Both residential units feature practical layouts that support residential rental use and provide consistent rental income. With two residential units and an established commercial tenant under one ownership, this property presents a unique opportunity in the heart of Swanton. Opportunities combining residential and commercial revenue potential are rarely available. Read Less
Courtesy of Sherry Corbeil, M Realty 802-363-9501
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
2,324
Lot Size
0.25 Acres
Year Built
1890
MLS Number
5095835
Market Snapshot - Source: Home Junction
30 Days Snapshot Of 05488
$379k
+9%
(avg) sold price
11
0%
homes sold
17
-80%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage: Yes
Basement
Basement Access Type: Walk-up, Basement: Yes, Crawl Space, Dirt Floor
Cooling
None
Floors
Carpet, Laminate
Garage
Garage: No
Heating
Natural Gas, Baseboard, Hot Air
Income
Gross Income: 58800, Net Income: 42700
Lot
0.25 acres, 10,890 sqft
Parking
Driveway: Paved
Property
Seasonal: No, 1,648 finished sqft above grade, 676 finished sqft below grade, 2,324 total finished sqft, 2,324 total sqft, 2 two-bedroom units, 2 stories, 3 units, Built in 1890
Roof
Corrugated, Metal
Sewer
Public
Taxes
Gross Amount: $4,350
Unit One
1 bathroom, 2 bedrooms, Lease Term: Month to Month, Rental Amount: 1300, Rental Amt Freq: Monthly, Status: Leased
Unit Two
1 bathroom, 2 bedrooms, Rental Amount: 1300, Rental Amt Freq: Monthly, Status: Leased
Unit Three
2 bathrooms, Rental Amount: 2300, Rental Amt Freq: Monthly, Status: Leased, Style: Commercial Property
Utilities
Electric Company: Swanton Electric, Circuit Breaker(s)
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Mortgage Calculator- Source: AgentFire
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Brandon Elsemore
Owner & Managing Partner | Realtor® Licensed in ME & NH
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