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Updated over 6 years ago,

User Stats

155
Posts
62
Votes
Bernie Huckestein
  • Rental Property Investor
  • Apopka, FL
62
Votes |
155
Posts

Central Maine (Gardiner) Duplex

Bernie Huckestein
  • Rental Property Investor
  • Apopka, FL
Posted

Have a Gardiner Maine duplex for sale.  Great performing property but I am moving out of state and it is my only property in the area.  Happy to provide more information to those interested; however,

Awesome house hack 1,400 sq ft each side

2br, 1.5 bath, 2 sets of stairs, W/D hookup, basement, NG heat, 2 electric meters

Nearly all new

Rented $900 ea

Monthly Expense $600 (taxes, insurance, gas, water/sewer, repairs)

I do PM but there is very little to it

$1,800 - $ 600 = $1,200 x 12 = $14,400

Property does have a shared driveway but:

  • It is my driveway with a ROW to the adjoining 
  • I have been waiting for him to be even more motivated but do think the property next door (with the driveway ROW can  be purchased quite attractively (3 - Unit).

Can be purchased via BP for $140k

Evaluation 20% down, 20 year, 5% int

Please advise if interested

Offering

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