1294 US Route 1

Property Description:

We are pleased to bring to market 1294 US Route One, Freeport. The property is a 4,855± SF, 6-unit multifamily building on a 0.6 acre lot in Freeport. Five out the six units are collecting rent with one tenant being month-to month.

The owner has invested significant time and money into the property. This includes new insulation in attic, basement, and utility rooms, three brand-new Brancato boilers and two water filtration systems. Upgrades also include rewire and new service panels on exterior and interior panels for each unit, as well as asphalt repaving and a new deck.

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Address: 1294 US Route 1City: Freeport
State: MEBaths: 6
Bathrooms Full: 6Building Area Total: 4855


Basement: Exterior Only, Walk-Out, Walkout Access, Full, UnfinishedConstruction Materials: Wood Frame
Cooling: NoneElectric: Circuit Breakers
Exterior Features: Vinyl SidingFlooring: Wood, Carpet, Tile, Laminate
Heating: Baseboard, Direct Vent HeaterLot Size Square Feet: 26136
Parking Features: 5 - 10 SpacesRoof: Shingle
Sewer: Septic Existing on SiteWater Source: Private, Well Existing on Site
Year Built: 1940