Investors AND owner occupiers should both take notice. 2005 Construction. Large clean units. Big, level country lot. Gorham Schools. Unit A, most recently rented at $1,300/month, is vacant and is currently undergoing a facelift. Will have new interior paint and new carpet in the bedrooms. Unit B has a quality tenant in place at $1,250/month. Each unit has laundry hook ups, a 2 zone furnace, a storage shed, private driveway, and it's own septic tank. Tenants pay their own utilities. No water/sewer bills due to well and septic. $30,600 gross income per year. Other than maintenance, the only expenses should be taxes and insurance. Let's talk numbers: At the list price, the FHA 30 year owner occupier payment with 3.5% down, MSHA overlay rate of 3.95% APR, and $1,200 in estimated insurance would be $2,061. After the rental income, an FHA/MSHA owner occupier could live for $811/month.
Bathrooms: 2
Square feet: 2,736
Price: $309,900
For more information about this property, please contact Susan W Moore at (207) 615-1390 or susan@susanmoore.me. You can also text 4994578 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).
See more listings at: www.susanmoore.me
MLS ID: 1347872
http://www.facebook.com/thesusanmooreteam https://twitter.com/SusanMooreTeam https://www.youtube.com/channel/UCLiavuMH0FyNiAVMTCYxGrQ
No comments:
Post a Comment