Bridgton
$499,900
1 martel lane Lane
mls: 1671038
Bedrooms: 3
Bathrooms: 2
Year Built: 2022
Sq Footage: 1,560
Lot Size: 3.18
Taxes: $1,599
Status: Active

INVESTMENT OPPORTUNITY OR MORTGAGE PAID FOR - 4 trailers. Owner occupies newest, other three have tenants! Exceptional opportunity to own an income-producing property just minutes from downtown Bridgton.

Listed by: Portside Real Estate Group

INVESTMENT OPPORTUNITY OR MORTGAGE PAID FOR - 4 trailers. Owner occupies newest, other three have tenants! Exceptional opportunity to own an income-producing property just minutes from downtown Bridgton. The property features a spacious owner-occupied double-wide home along with three additional tenant-occupied manufactured homes, offering immediate rental income and long-term investment potential. The main home is designed for comfortable living with an open floor plan centered around a chef's kitchen featuring a large center island, abundant cabinetry, and a generous walk-in pantry. Primary has en-suite and large walk in closet. An expansive mudroom/drop zone with an oversized laundry area provides exceptional everyday convenience, while the wood stove adds warmth and charm. Step outside to a large rear deck overlooking a beautifully maintained backyard oasis--an ideal setting for relaxing or entertaining. The three rental homes provide established income, with long-term tenants reflecting the desirability of the property. One tenant has resided there for 28 years, another for 7 years, and the newest for nearly a year. Adding to the property's appeal, one of the manufactured homes is situated across the road on a well-maintained parcel that may offer future subdivision potential. Buyers are encouraged to verify subdivision possibilities and permitted uses with the Town of Bridgton. Preliminary discussions with the town's Code Enforcement Office indicate it may be feasible, but buyers should perform their own due diligence. Whether you're looking to offset your mortgage, build wealth through rental income, or expand your investment portfolio, this versatile property offers a rare opportunity close to downtown Bridgton, lakes, skiing, shopping, and local dining.

Listed by: Portside Real Estate Group

Above Grade Finished Area
1560.00
Accessibility Features
Appliances
Cooktop, Dishwasher, Refrigerator
Architectural Style
Ranch
Basement
Not Applicable, None
Bathrooms Full
2
Bathrooms Half
0
Bathrooms Total Integer
2
Bedrooms Total
3
Below Grade Finished Area
0.00
Body Type
Double Wide
Building Area Total
1560.00
Construction Materials
Mobile, Vinyl Siding
Cooling
Central Air
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Animal Containment System
Fireplaces Total
1
Flooring
Luxury Vinyl
Foundation Details
Green Energy Efficient
Ceiling Fans
Heating
Propane, Wood Stove
Heating Yes/No
1
Interior Features
1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
Laundry Features
Main Level
Lot Features
Near Public Beach, Near Shopping, Near Town, Ski Resort, Level, Open Lot, Wooded
Lot Size Acres
3.1800
Other Equipment
Internet Access Available
Other Structures
Shed(s)
Parking Features
Gravel, 1 - 4 Spaces
Patio And Porch Features
Deck
Pets Allowed
Property Condition
Roof
Shingle
Rooms Total
6
Sewer
Septic Tank
Tax Annual Amount
1599.26
Utilities
Water Source
Well
Waterfront Features
Nearby, Public
Year Built
2022
Zoning
MBL