20-22 Lee Road
Lincoln, ME 04457
$454,000
Price
12
Beds
6
Baths
4,400 Sq. Ft.
$103 / Sq. Ft.
4,400
Sq. Ft.
$103
per Sq. Ft.
Description
Investment Opportunity: Prime Apartment Package in a Thriving Community. Discover a unique opportunity to invest in two well maintained apartments nestled within a vibrant small community. Just a short walk to restaurants, shops and the downtown area make these properties a prime location. This charming locale boasts 13 stunning lakes, perfect for outdoor enthusiasts and creating a serene living environment. Our community is benefiting from grant funding designated for the redevelopment of a local...Investment Opportunity: Prime Apartment Package in a Thriving Community. Discover a unique opportunity to invest in two well maintained apartments nestled within a vibrant small community. Just a short walk to restaurants, shops and the downtown area make these properties a prime location. This charming locale boasts 13 stunning lakes, perfect for outdoor enthusiasts and creating a serene living environment. Our community is benefiting from grant funding designated for the redevelopment of a local factory, which we anticipate will significantly impact the economic growth in the area making this package a great long term investment. Natural Gas is along the road front and for an invetment of $13,000 the units can be converted. These well maintained properties have housed long term tenants who have truly made these spaces their homes for years. Take advantage of this rare chance to invest in a flourishing community poised for growth.
- Listed by Sherry Robbins • Trinity Business Brokers
Property Details for 20-22 Lee Road
Waterfront
No
ArchitecturalStyleNew Englander
Garage Spaces.00
GarageNo
Zoningresi
LISTING UPDATED: 11/01/2024 02:05 PM
Property Details for 20-22 Lee Road
| Status | Active |
|---|---|
| MLS # | 1605186 |
| Days on Market | 81 |
| Taxes | $3,991 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1900 |
| Lot Size | 0.37 AC / 16,117 SF |
| County | Penobscot County |
Building Information for 20-22 Lee Road
Stories-Residences6Year Built1900Building Size-Lot Size0.37 AC / 16,117 SF
Property Information for 20-22 Lee Road
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 1455
- Town: Lincoln
- State/Province: ME
- Zip Code: 04457
- County: Penobscot
- Geo Latitude: 45.366375
- Geo Longitude: -68.50216
- Tax Lot: 91 & 92
- Site:Level: Yes
- Site:Open: Yes
- Location:Near Town: Yes
- Location:Rural: Yes
Parking
- Parking Features: 11 - 20 Spaces, Gravel, On Site
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 11486 & 11413
- Tax Map Number: 139
- Tax Year: 2023
- Parcel Number: LNCN-000139-000000-000091
- Location Information:Association Y/N: No
- Tax Annual Amount: $3,991.00
- Restrictions:No Cats Allowed: Yes
- Restrictions:No Dogs Allowed: Yes
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 4400.0
- Lot Size Acres: 0.37
- Source of Acreage: Seller
- Building Area Total: 4400.0
- Lot Size Area: 0.37
- Lot Size Units: Acres
- Lot Size Square Feet: 16117.2
- Bathrooms Full: 6
- Bathrooms Half: 0
- Street Number: 2022
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- Property Information:Bank Owned REO: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Gravel: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1900
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Brick/Mortar, Dirt Floor, Walk-Out Access, Full, Unfinished
- Flooring: Wood, Vinyl, Laminate, Carpet
- Cooling: None
- Heating: Hot Water, Baseboard
- Foundation Details: Block, Granite, Brick/Mortar
- Bathrooms Total (Integer): 6
- Bathrooms Total (Decimal): 6.00
- Bathrooms Total (Notational): 6.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $70,000.00
- Operating Expenses: $27,603.00
Multi-Family Information
- Number of Units: 6
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $850.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 3.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: No
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: Yes
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: First
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $850.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 3.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: Yes
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: Yes
- Unit 3:Level: First
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $1,150.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 5.00
- Unit 3:# of Bedrooms: 3.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: No
- Unit 3:Electric: No
- Unit 3:Heat: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: Yes
- Unit 4:Level: First
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $850.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 3.00
- Unit 4:# of Bedrooms: 1.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: No
- Unit 4:Dedicated Water Heater: No
- Unit 4:Electric: Yes
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit 5
- Unit 5:Lease: No
- Unit 5:Level: First
- Unit 5:Security Deposit: Yes
- Unit 5:Monthly Rent: $1,150.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 4.00
- Unit 5:# of Bedrooms: 2.00
- Unit 5:Dedicated Electric Meter: No
- Unit 5:Dedicated Gas Meter: No
- Unit 5:Dedicated Water Heater: No
- Unit 5:Electric: Yes
- Unit 5:Heat: Yes
- Unit 5:Range: Yes
- Unit 5:Refrigerator: Yes
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit 6
- Unit 6:Lease: No
- Unit 6:Level: First
- Unit 6:Security Deposit: Yes
- Unit 6:Monthly Rent: $.00
- Unit 6:# Full Baths: 1.00
- Unit 6:# Half Baths: .00
- Unit 6:# of Rooms: 4.00
- Unit 6:# of Bedrooms: 2.00
- Unit 6:Dedicated Electric Meter: No
- Unit 6:Dedicated Gas Meter: No
- Unit 6:Dedicated Water Heater: No
- Unit 6:Electric: Yes
- Unit 6:Heat: Yes
- Unit 6:Range: Yes
- Unit 6:Refrigerator: Yes
- Unit 6:Sewer: Yes
- Unit 6:Water: Yes
Unit Information
- Units:# of 1 BD Units: 2
- Units:# of 2 BD Units: 3
- Units:# of 3 BD Units: 1
- Units:# of 4+ BD Units: 0
Property History for 20-22 Lee Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 20-22 Lee Road
This home is within Regional School Unit 67.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | 4 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ella P Burr School PublicPK to 3 | ||
Mattanawcook Jr High School Public4 to 8 | ||
Mattanawcook Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Trinity Business Brokers
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
