MLS 1446821

46 Baker Street

Clinton, Maine, 04927

$950,000
  • Year Built 1990
  • Fin Total 13216 sqft.
  • Lot Size 75 Acres
  • Site
  • Zone 12 Commercial
  • County Kennebec
  • City Clinton
Listing Office: Town & Shore Real Estate

  • Water Access Public
Modern Nineteen Unit Apartment Complex in excellent condition and fully occupied. This property offers exceptional cash flow, financials and a high capitalization rate. Comprised of two buildings on 4.5 acres; the larger fifteen-unit building was constructed in 1990 as an assisted living facility and later converted to apartments. The four unit was built in 2009 and features all two-bedroom units and a sprinkler system. Both buildings are single story and handicapped accessible. The spacious lot offers ample paved parking and the ability to add eight additional units. The property also features public water, sewer, and underground electrical power installed. Nice quiet rural setting yet less than a mile to I-95 and closer than you might think to Waterville (15 minutes), Augusta (30 minutes), Bangor (45 minutes) and Portland (1 hour, 15 minutes). Please DO NOT go to property or speak with tenants unless on a showing with the listing agent

  • Year Built 1990
  • Lot Size 75 acres
  • Zone 12 Commercial
  • County Kennebec
  • City Clinton
  • Full Tax Amount $10,316.00
  • Amenities Fire System
  • Waste Water Disposal Public Sewer
  • Water Public
  • Foundation Materials Poured Concrete
  • Heat System Forced Air, Hot Water, Space Heater
  • Heat Fuel Gas Bottled,Oil,Propane