About This Home

This 0-bedroom, 2-bathroom townhouse at 8 Cottage Street in Milbridge, ME is listed for $260,000 ($197 per sqft). Built in 1902, the home offers 1,323 sqft of living space on a N/A lot.

Key Features

Built in 1902

Property Details

2 full

1902

Listing Description

Amazing Investment Opportunity! SIGNIFICANT PRICE IMPROVEMENT - This beautifully maintained and charming 2-unit property in the heart of Milbridge offers established tenants and a strong rental history, both short-term and long-term. This turn-of-the century property still has the original cranberry glass in some of the windows.

Numerous updates make this an outstanding opportunity--ideal for investment or owner-occupied living. Both units are mostly furnished, with a detailed list of included items available. Milbridge is a vibrant coastal community featuring a theater, library, medical center, restaurants, grocery store, community garden, and public boat launch--ensuring there's always something to enjoy close to home.

Conveniently situated between Ellsworth, Machias, and Winter Harbor, this property is just an hour from Acadia National Park and 1.5 hours from Bangor International Airport. Income and expense information provided to qualified buyers. Upstairs tenant to move out in October, so this would make a great owner-occupied property! See also this residential listing MLS #1678705.

Monthly Cost Estimate

$1,391/mo

20% down · 6.5% · 30 years

Principal$188

Interest$1,127

Insurance$76

Estimates only. Actual payments may vary.

Location

8 Cottage Street

Milbridge, ME 04658

Questions & Answers

This 0-bedroom, 2-bathroom townhouse at 8 Cottage Street is listed at $260,000 ($197/sqft). The estimated monthly payment is $1,391 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1902.

This property is listed by Stacy White.

Stacy White

Agent at Better Homes and Gardens Real Estate The Masiello Group

8 Cottage Street, Milbridge, ME 04658