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About This Home
This 9-bedroom, 6-bathroom single family at 317 Main Street in Bingham, ME is listed for $89,000 ($15 per sqft). Built in 1950, the home offers 6,000 sqft of living space on a 0.11 acres lot.
Check out this 6 - Unit Investment Property located in downtown Bingham, Maine! With Mixed-Use Potential Positioned in the heart of Maine, this building presents an excellent opportunity for investors or business owners seeking a flexible income producing property.
The ground level features two commercial side by side units - one is designed as a laundromat never operated by current owners. In the back of the building is the entrance door to the first floor 2BR/1BA apartment, in need of some renovations. Additionally, you'll find 1 unit 4BR/2BA, 1 Unit 2BR/1BA, 1 Unit 1BR/1BA on the second level.
Two Units - 4BR & 2BR are in near rental condition. Start producing an income to help offset the renovations! This property is located near town where you'll find a bank, grocery store, NAPA Auto Parts, great restaurants, town office, library and a post office.
Situated just a short distance to the Kennebec River! Conveniently located for future renters or to bring the Laundromat back to life! The commercial rental space is designed with large windows on the store front, great for marketing and displaying product/services. Sellers have installed new stairs and deck, replaced some flooring and plumbing, fixed some electrical and replaced the furnace. Don't miss this Amazing Opportunity! Contact me to schedule your showing. Also listed as Commercial MLS #1650761
Key Features
- Built in 1950
- 0.11 acre lot
Property Details
Monthly Cost Estimate
$476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
317 Main Street
Bingham, ME 04920
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 9-bedroom, 6-bathroom single family at 317 Main Street is listed at $89,000 ($15/sqft). The estimated monthly payment is $386 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.11 acre lot.
This property is listed by Jacquelynne Rivers and can be reached at 2078608154 or jackierivers@kw.com.