Specially selected historic real estate for old house enthusiasts.

c. 1820 Federal in Unity, ME

$159,995

Off Market / Archived From 2021

Added to OHD on 7/23/21   -   Last OHD Update: 8/1/22

160 Main St, Unity, ME 04988

Maps: Street | Aerial

  • 6 Bed
  • 2.5 Bath
  • 3908 Sq Ft
  • 0.48 Ac.
Presented for sale is a large colonial home situated in the town of Unity and within walking distance of all town amenities including; shops; doctors office; cafes; banks; and a short drive to Unity College. The once single-family home, now consists of 2 x 3 bedroom rental properties, with both split over 2 floors. The current tenants began their leases in October and November 2020 and pay $1050 & $950 per month respectively, this offer a gross yield of 14.5% per annum based on the asking price.There is also a double garage that was once used as a bakery, this could potentially be used as commercial again, with the right permits, for extra investment potential, or converted back to a double garage. The property is reported to have been built in 1820, and has been rented out, so will need some investment to bring back to its full potential. There is also the potential to bring this back to a single-family home again creating a 3908 sq ft home, or subdivide further
Listed With

Ian Morphew, American Realty :: (207) 948-5554

Additional Links
Listing details from July 2021, sold status not verified. DO NOT trespass to verify status.
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