Multifamily

$309,000

When do you want to see it?

532 US Rt 1
Jonesboro, ME 04648

  • – beds
  • 4 baths
  • 6,930 sqft
  • ~2 acre lot
  • $44 per sqft
  • 1945 build
  • on site

Passive income is what this listing is all about! A large stately manor home with 4 apartments and easily room for 2 more. Sitting right off historical Route 1 between Bar Harbor and Campobello, Canada. This commercially designated property can stay just as is, functioning as an apartment building with positive income or if you dare, maybe a conversion to an Inn/Bed and Breakfast or a destination hunting/fishing Lodge. Literally a short walk to the ocean or an easy drive to the mountains rich with wildlife. Now with the average single-family home in America being $295,300, for a few more dollars you have an income earner that will continue to bring you income for years to come. Maine the Vacation State is waiting for you and your smart business sense. This opportunity WILL NOT LAST! Start now thinking about what life in the most beautiful state in America would be like.

MREIS logo Listing courtesy of MREIS / Bold Coast Properties

Last checked: Checking… • Last updated Nov 23, 2021 •

MLS# 1477272 —

Amenities & Taxes

The Building

Year Built:
1945
Construction:
Wood Frame
Roof:
Composition, Shingle
Style:
Bed & Breakfast, Multi-Level, Other Style, Rooming House, Split Entry
Exterior:
Composition, Shingle Siding, Wood Siding
Basement:
Bulkhead, Crawl Space, Dirt Floor, Finished, Full, Sump Pump, Unfinished, Walkout Access
Foundation Materials:
Block, Poured Concrete
SqFt Finished Total:
6930.00
SqFt Finished Above Grade:
6930.00
SqFt Source:
Seller

Interior

Floors:
Laminate, Tile, Vinyl, Wood
Equipment:
Cable, Internet Access Available

The Property

Lot:
19
Site:
Corner Lot, Level, Open, Pasture/Field, Rolling/Sloping, Well Landscaped, Wooded
Seasonal:
No
Property Type:
C
Leased Land:
No
Location:
Business District, Near Golf Course, Near Town, Retail Strip
Zoning:
Residential
Zoning Overlay:
Yes
Roads:
Paved, Public
Driveway:
Gravel, Paved
Water Info: Water View:
No
Water Info: Water Frontage:
No
Lot Size Acres +/-:
2.25
Surveyed:
No

Listing Agent

Contact info:

Taxes

Tax Year:
2017
Full Tax Amount:
2853.00

Baths

Total Baths:
4.00
Total Full Baths:
4

The Listing

Remarks:
Passive income is what this listing is all about! A large stately manor home with 4 apartments and easily room for 2 more. Sitting right off historical Route 1 between Bar Harbor and Campobello, Canada. This commercially designated property can stay just as is, functioning as an apartment building with positive income or if you dare, maybe a conversion to an Inn/Bed and Breakfast or a destination hunting/fishing Lodge. Literally a short walk to the ocean or an easy drive to the mountains rich with wildlife. Now with the average single-family home in America being $295,300, for a few more dollars you have an income earner that will continue to bring you income for years to come. Maine the Vacation State is waiting for you and your smart business sense. This opportunity WILL NOT LAST! Start now thinking about what life in the most beautiful state in America would be like.

Heating & Cooling

Heat System:
Baseboard, Forced, Hot Air, Hot Water, Multi-Zones, Space Heater, Stove
Heat Fuel:
Electric, Gas Bottled, Oil, Wood
Cooling:
A/C Units

Utilities

Water:
Well Existing on Site
Electric:
Circuit Breakers
Gas:
Bottled
Sewer:
Septic Existing on Site

The Community

Amenities:
Deck, Furniture Included, In-Law Apartment, Laundry - 1st Floor, Laundry - Hookup, Pantry, Patio, Porch, Shower, Storage, Walk-in Closets
Accessibilitiy Amenities:
Ramped Main Level
Restrictions:
No Restrictions

Parking

Parking:
21+ Spaces, Off Street, On Site, Paved
Vehicle Storage:
No Vehicle Storage

Extra Units

Units: # of 1 BD Units:
3
Units: # of 3 BD Units:
1

Schools

Rating Details

Jonesboro Elementary School

  • Public
  • K-8
  • 1.7 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Factor

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

ClimateCheck

85 /100
  • Storm Risk
  • Extreme

10 /100
  • Drought Risk
  • Relatively Low

12 /100
  • Heat Risk
  • Relatively Low

0 /100
  • Fire Risk
  • Relatively Low

ClimateCheck® ratings reflect hazard risk at a property relative to the rest of the contiguous United States. Ratings are based on projected 2050 risk and the change from historical risk.

A rating of 1 represents the lowest risk; 100 is the highest.

See the full report from ClimateCheck®

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WalkScore®

Provided by WalkScore® Inc.

Max Internet Speed

TDS Telecom

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Sale history

Date Event Source Price % Change
11/22/21
Pending MREIS $309,000
8/24/21
Price Changed MREIS $309,000 -3.1%
7/27/21
Price Changed MREIS $319,000 -3.0%

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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532 US Rt 1
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