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Motivated Seller - Great investment property with great rental history! Rents purposely kept below market value to accommodate long term tenants. Rents could easily be adjusted to fair market value of $1,463 each, which includes all utilities or $1,250 each with tenants paying all utilities. Convenient in-town location. Fully occupied 2 unit with 2 bedrooms and 1 bath in each unit. Separate utilities, off street parking for 3 vehicles and plenty of one street parking. Each unit has their own private porch. Unit 1 on the 1st floor has a laundry hook up. Separate utilities. The furnace for unit 1 was replaced in 2018/2019. Unit 2 has 2 monitor heaters that are only 8 years old. The 1st floor unit was renovated recently. Whether you are looking for an investment property or for a property to owner occupy this property is close to local shopping, Route 16, and less than 5 minutes from Maine. It is a great location.
Listed by Jane Carmichael of Lakes Region Realty of Maine

Property Details of 14-16 Franklin Street

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