Bought with Landing Real Estate
$440,000
$479,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
10 Pumpkin Hill LN Gray, ME 04039
2 Baths
2,793 SqFt
Key Details
Sold Price $440,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,793 sqft
MLS Listing ID 1559119
Sold Date 12/04/23
Style Duplex
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,793
Year Built 1986
Annual Tax Amount $4,484
Tax Year 2022
Lot Size 3.680 Acres
Acres 3.68
Source Maine Listings
Land Area 2793
Property Description
This property is well-suited for either owner-occupied or rental investment. Let the tenants help pay your mortgage while residing in this side-by-side duplex. Yearly gross income of over $20,000 as owner-occupied or earn over $55,000/yr by renting both units. Strong rental history with reliable, long-term tenants in Unit A. Currently, Unit B is vacant and ready for its new owner. Choose to move in or rent out this unit. Home was inspected recently and several improvements were made including new roof installation on Unit A, radon water mitigation system installed, 2 new water heaters installed and cracked sewage pipe replaced. Ideal location just a mile from Crystal Lake public beach in Gray and only 10 minutes from I95 for easy commuting to Portland, Lewiston/Auburn and Augusta. Close to Maine's Lakes Region for swimming, fishing and boating. This property is set-back from the road and is a great place for families and pets. May be able to split the lot and/or convert existing units to condos. Buyer to confirm all possibilities with the Town of Gray. Broker owned property.
Location
State ME
County Cumberland
Zoning LAKE D
Rooms
Basement Not Applicable
Interior
Interior Features Bathtub, Shower
Heating Stove, Direct Vent Heater, Baseboard
Cooling None
Flooring Vinyl, Carpet
Laundry Laundry - 1st Floor, Main Level
Exterior
Parking Features 5 - 10 Spaces, Gravel, Common, Off Street
Utilities Available 1
View Y/N Yes
View Trees/Woods
Roof Type Shingle
Street Surface Paved
Accessibility Level Entry
Porch Deck
Garage No
Building
Lot Description Rolling Slope, Wooded, Near Turnpike/Interstate, Near Town
Story 2
Foundation Concrete Perimeter, Slab
Sewer Private Sewer
Water Well
Architectural Style Duplex
Structure Type Wood Siding,Shingle Siding,Wood Frame
Schools
School District Rsu 15/Msad 15
Others
Restrictions Unknown
Energy Description Pellets, Wood, K-1Kerosene, Electric
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