10 Oak Street, Boothbay Harbor, ME 04538
$1,275,000
Property Type:
Multi-Family
Baths:
6
Square Footage:
5,191
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$1,275,000
List Date:
6/16/2023
Last Modified:
6/16/2023
Description
Prime downtown location with parking. Multi unit investment property (residential and one retail). Fully leased. Approved for condo conversion - units separately metered and recently renovated. Water views, ample parking with municipal lot next door, walking distance to waterfront. Strong cash flow with demonstrated history of increasing rents with strong tenancy.
Supplements: ********
More Information MLS# 1562436
Location Information
Street #: 10
Street Name: Oak
Street Type: Street
County: Lincoln
Town: Boothbay Harbor
State/Province: ME
Zip Code: 04538
Zip +4: 2016
Leased Land: No
Map: 19
Lot: 6
Zoning: Downtown
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 5253
Tax Year: 2022
Geo Lat: 43.852087
Geo Lon: -69.628661
Contract Information
Status: Active
Original List Price: 1275000
List Price: $1,275,000
Current Price: $1,275,000
Property Information
Surveyed: Unknown
Seasonal: No
Number of Units: 4
Total Baths: 6
Total Full Baths: 6
Year Built: 1700
SqFt Finished Above Grade: 5191
SqFt Finished Total: 5191
Garage: No
Lot Size Acres +/-: 0.15
Source of Acreage: Seller
Compensation & Misc Info
Buyer Agency: 2.5
Buyer Agency Type: %
Water Info
Water Frontage: No
Water View: Yes
Water Body Name: Boothbay Harbor
Income & Expenses
Gross Income: 55200
Operating Expenses: 999
Units
# of 2 BD Units: 4
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 2
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 3
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: 2
# of Rooms: 6
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 4
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1200
# Full Baths: 2
# of Rooms: 6
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Water: No
Utilities
Utilities On: Yes
Property Features
Site: Corner Lot; Other Site; Sidewalks
Location: Intown
Roads: Paved; Public
Water Body Type: Harbor; Ocean
Recreational Water: Nearby; Public
View: Scenic
Style: Multi-Level; Other Style; Victorian
Construction: Wood Frame
Basement: Partial
Basement Entry: Bulkhead; Interior
Foundation Materials: Brick/Mortar; Stone
Exterior: Clapboard; Vinyl Siding
Roof: Composition
Heat System: Baseboard; Direct Vent Heater; Hot Water; Multi-Zones; Other Heat System
Heat Fuel: Propane
Water Heater: Electric
Cooling: None
Floors: Carpet; Other; Tile; Wood
Driveway: Paved
Parking: 5 - 10 Spaces
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Bottled
Sewer: Public Sewer
Water: Public
Listing Office: OwnerEntry.com
Last Updated: June - 16 - 2023
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