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Modern Nineteen Unit Apartment Complex in excellent condition and fully occupied. This property offers exceptional cash flow, financials and a high capitalization rate. Comprised of two buildings on 4.5 acres; the larger fifteen-unit building was constructed in 1990 as an assisted living facility and later converted to apartments. The four unit was built in 2009 and features all two-bedroom units and a sprinkler system. Both buildings are single story and handicapped accessible. The spacious lot offers ample paved parking and the ability to add eight additional units. The property also features public water, sewer, and underground electrical power installed. Nice quiet rural setting yet less than a mile to I-95 and closer than you might think to Waterville (15 minutes), Augusta (30 minutes), Bangor (45 minutes) and Portland (1 hour, 15 minutes). Please DO NOT go to property or speak with tenants unless on a showing with the listing agent
Listed by Town & Shore Real Estate

Property Details of 46 Baker Street

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