New Gloucester
$474,999
290 Penney Road
mls: 1679624
Bedrooms: 4
Bathrooms: 3
Year Built: 1982
Sq Footage: 2,752
Lot Size: 1.09
Taxes: $3,532
Status: Active

Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment.

Listed by: Maine Values Real Estate

Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment. A detached 2-car garage provides ample parking and storage, while each unit has its own separate utilities, simplifying management and billing. The property has been very well cared for and is in excellent condition, reflecting pride of ownership. Currently generating over 5,000 per month, it offers strong income potential and cash flow. Additionally, the property has been pre-inspected for general building and septic systems, ensuring peace of mind with no surprises. Whether you're an owner-occupant looking for a live-in space with rental income or an investor seeking a turnkey asset with commercial flexibility, this property presents an outstanding opportunity to own a well-priced, income-producing asset with excellent future potential.

Listed by: Maine Values Real Estate

Above Grade Finished Area
2176.00
Accessibility Features
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer, Tankless Water Heater
Architectural Style
Other, Ranch
Basement
Doghouse, Finished, Full, Partial
Bathrooms Full
3
Bathrooms Half
0
Bathrooms Total Integer
3
Bedrooms Total
4
Below Grade Finished Area
576.00
Body Type
Building Area Total
2752.00
Construction Materials
Other, Wood Frame, Vinyl Siding
Cooling
Other, Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Carpet, Laminate, Vinyl
Foundation Details
Slab, Poured Concrete
Garage Spaces
2.00
Garage Yes/No
1
Green Energy Efficient
Heating
Propane, Forced Air, Heat Pump
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Rural, Level
Lot Size Acres
1.0900
Other Equipment
Other Structures
Outbuilding
Parking Features
Gravel, 11 - 20 Spaces, Detached
Patio And Porch Features
Deck
Pets Allowed
Property Condition
Roof
Shingle
Rooms Total
13
Sewer
Private Sewer
Tax Annual Amount
3532.00
Utilities
Water Source
Private
Waterfront Features
Year Built
1982
Zoning
Residential