11 Overlook Rd, Lincolnville, ME 04849

$800,000
4
BA
3,812
SqFt

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Listing courtesy of Drum & Drum Real Estate Inc..

List Price
$800,000
MLS#
1660386
Status
ACTIVE
Type
Multifamily
City
Lincolnville
County
Waldo
Bathrooms
4
Living Area
3,812
Lot Size
171,190
Year Built
1850

Property Description

This 4-unit multi-family property has been regularly and conscientiously maintained by the current owners since 2001. Ideally located midway between Camden and Belfast for tenants employed in either town or retired and wanting to enjoy the attractions of the midcoast. Lincolnville Beach and the Islesboro Ferry terminal are a short stroll away with the SnowBowl and Camden Hills hiking at hand. Set back and a bit elevated from the downtown, the views of the tidal marsh and of Penobscot Bay from the decks and the front yard, add to the desirability of these apartments. The recent price reduction and rent increases have substantially raised the Cap Rate for investors.

Additional Information

Living Area
3,812
View
Scenic View(s), Water
Electric
Circuit Breakers
Water
Private Well, Well
Basement
Exterior Entry, Walkout, Full, Unfinished
Cooling
None
Year Built
1850
Acres
3.93
Roof
Shingle
Foundation
Stone, Granite, Poured Concrete
Water Body Name
Penobscot Bay
Style
Greek Revival, Victorian
Courtesy Of Listing Office
Drum & Drum Real Estate Inc.

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Calculator source: Real Geeks

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