1 of 43

Want to see this home?

55 Main Street

Mexico, ME 04257

3 beds
2 baths
2,296 sqft
~1/2 acre lot
$100 per sqft
– on site

This property offers a remarkable opportunity, whether you're looking for an owner-occupied investment or a straightforward income-generating investment. Currently, the first-floor commercial space is leased, bringing in a steady monthly income of $1,000. This commercial area boasts an open floor plan, complemented by a small office and a storage room. It even includes a full bathroom with a stand-up shower. Access to this commercial space is convenient, with private entry directly from Main Street (US Route 2) or through the ample parking lot that comes with the building. Moving to the second floor, you'll find a private entrance accessible via covered stairs leading from the owner's dedicated two-car parking spaces. At the top of these stairs, a tranquil patio awaits, offering a peaceful retreat to unwind after a long day. The apartment on the second floor has been meticulously maintained and features numerous upgrades. It comprises a well-appointed kitchen and a comfortable living room space, along with three bedrooms and one full bathroom. The bathroom has been recently remodeled, now featuring a modern stand-up shower for added convenience. Moreover, the building itself received a new Buderus boiler approximately three years ago, ensuring efficient heating and reliability. This versatile property presents an appealing blend of commercial and residential spaces, making it a valuable investment opportunity for discerning buyers

Listing courtesy of MREIS / Amnet Realty

Last checked: Checking… • Last updated Jan 30, 2024 •

MLS# 1576341 —

The Building

Year Built:

999
Construction Materials:

Vinyl Siding, Wood Frame
Roof:

Shingle
Basement:

Full, Interior Entry, Unfinished
Direction Faces:

None
Window Features:

None
Building Features:

None
Patio And Porch Features:

Patio
Building Area Total:

2296.0
Building Area Source:

Public Records

Interior

Rooms Total:

6
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Lot Features:

Level, Sidewalks, Landscaped, Intown, Near Shopping
Lot Size:

24,393 Sqft
Lot Size Area:

0.56
Lot Size Acres:

0.56
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

Unknown
Property Attached:

No
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

false
Fencing:

Fenced
Road Surface Type:

Paved
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

$2,441

Beds

Bedrooms Total:

3

Baths

Bathrooms Full:

2
Bathrooms Three Quarter:

None
Bathrooms Partial:

None
Bathrooms One Quarter:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Brokerage Compensation:

3.0000

Heating & Cooling

Heating:

Hot Water, Baseboard
Heating:

true
Cooling:

true
Cooling:

A/C Units, Multi Units

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer, Refrigerator, Microwave, Electric Range, Dryer

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Pets Allowed:

No Restrictions
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport Spaces:

None
Parking Features:

11 - 20 Spaces, Gravel, On Site, Off Street, On Street

Monthly cost estimate

Asking price

$230,000

Expense	Monthly cost
Mortgage	$1,231
Taxes	$203
Insurance	$63
Utilities	N/A
Total	$1,497/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
1/30/24 Jan 30, 2024	Price Changed	MREIS	$230,000	-1.1%
12/10/23 Dec 10, 2023	Listed / Active	MREIS	$232,500

Want a closer look?

Go see 55 Main Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Mexico, ME

Similar sold homes

This house located in Mexico, ME 04257 is currently for sale for $230,000. 55 Main Street is a 2,296 square foot house with 3 beds and 2 baths that has been on Estately for 137 days. This house is in the attendance area of Rumford Elementary School, Meroby Elementary School, Mountain Valley Middle School, and Mountain Valley High School.

Listing Provided Courtesy of Amnet Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.