Old Town
$229,900
12 Grays Lane
mls: 1668572
Bedrooms: 3
Bathrooms: 1
Year Built: 1942
Sq Footage: 1,404
Lot Size: 0.06
Taxes: $1,836
Status: Active

Looking for an affordable investment opportunity just minutes from the University of Maine? This updated 3-bedroom, 1-bath home is perfectly positioned for student housing, rental income, or owner-occupancy.

Listed by: Better Homes & Gardens Real Estate/The Masiello Group

Looking for an affordable investment opportunity just minutes from the University of Maine? This updated 3-bedroom, 1-bath home is perfectly positioned for student housing, rental income, or owner-occupancy. Each of the three bedrooms features it's own lock and key, offering privacy and flexibility for tenants. The purchase price includes a separate vacant lot located directly across the road - an ideal location for a future garage, workshop, or additional storage (subject to local approvals). The home may also be purchased WITHOUT the additional lot at a reduced price. Contact the listing broker for details. Recent improvements include fresh paint and new flooring throughout the entire home, and brand-new front and rear decks, creating inviting outdoor spaces for relaxing or entertaining. Conveniently located near the university, shopping, dining, and local amenities, this move-in-ready property offers excellent potential for investors and homeowners alike. Call today for a showing!

Listed by: Better Homes & Gardens Real Estate/The Masiello Group

Above Grade Finished Area
1404.00
Accessibility Features
Appliances
Dryer, Microwave, Electric Range, Refrigerator, Washer
Architectural Style
Cape Cod, Colonial
Basement
Interior Entry, Crawl Space, Full, Partial, Sump Pump, Unfinished
Bathrooms Full
1
Bathrooms Half
0
Bathrooms Total Integer
1
Bedrooms Total
3
Below Grade Finished Area
0.00
Body Type
Building Area Total
1404.00
Construction Materials
Wood Frame, Vinyl Siding
Cooling
None
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Vinyl
Foundation Details
Block, Poured Concrete
Garage Spaces
0.00
Green Energy Efficient
Heating
Oil, Baseboard, Hot Water
Heating Yes/No
1
Interior Features
1st Floor Bedroom
Laundry Features
Main Level
Lot Features
Intown, Near Shopping, Neighborhood, Level, Landscaped
Lot Size Acres
0.0600
Other Equipment
Other Structures
Parking Features
Paved, 1 - 4 Spaces, On Site, Off Street
Patio And Porch Features
Deck, Porch
Pets Allowed
No Restrictions
Property Condition
Roof
Fiberglass, Pitched, Shingle
Rooms Total
5
Sewer
Public Sewer
Tax Annual Amount
1836.00
Utilities
Water Source
Public
Waterfront Features
Lake/Fresh Water, Nearby, Public, River/Brook/Stream
Year Built
1942
Zoning
Residential