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About the Listing 3156 - 001474
Rare opportunity to acquire a diversified income-producing property consisting of a newly renovated duplex, a commercial building with ten storage/commercial rental units, and a fully renovated single-family residence. Strategically located approximately one mile north of Route 90 and directly across from Ande's Variety & Take Out, one of the area's busiest retail destinations, the property benefits from excellent visibility, strong traffic counts, and a highly desirable commercial location. The duplex is currently undergoing a comprehensive renovation and, upon completion (anticipated in September), will feature two spacious residential apartments designed to attract quality tenants. The first-floor unit includes direct access to an attached two-car garage, while a newly paved driveway and expanded parking area further enhance tenant appeal and marketability. The interior of the single-family residence was extensively renovated approximately one year ago and is currently rented. The commercial building contains ten rental storage/commercial units, providing an opportunity as an established income component while offering flexibility to accommodate a variety of tenants. Combined with the residential units, the property offers a diversified rental portfolio that helps reduce income risk and enhances long-term investment stability. This property presents an outstanding opportunity for investors seeking the ability of having and expanding cash flow investment. When the renovations are completed and the duplex reaches stabilized occupancy, the property is well-positioned to generate increased rental income while benefiting from long-term appreciation. The combination of multiple revenue sources, recent capital improvements, strong location, and limited deferred maintenance creates an attractive investment with excellent potential for both income growth and asset appreciation.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Commercial Sale
MLS ®
1672228
Year Built
2009
Total Square Footage
11,157
Lot/Acreage
2.57
County
Knox
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Electric,Oil,Propane,Forced Air,Heat Pump
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Slab
- Other:
- Water: Public
Exterior Details
- Lot Description: Rural
- Garage Capacity: N/A
- Zoning: Rural
- Roof: Shingle
- Others:
- Sewer: Private Sewer
- Parking Features: 21+ Spaces,On Site
Financial Details
- Tax Amount: $4,518
- Taxes w/Assessments: N/A
- Tax/Property ID: WRRR-000007-000000-000004R
- Tax Year: 2025
Payment Calculator
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Questions About..
1642 Atlantic Hwy Warren, ME 04864
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