Well maintained cash flowing 2 unit located minutes from I-95, Windham Center and Sebago Lake. 20 Minutes to Portland or Lewiston/Auburn. Strong rental history, see attached sheet for rental details. Excellent opportunity for owner occupied or investment property. Property features: 3 BR, 1 1/2 BA per unit. Finished walk-out basement, separate entrances, oil tanks, electric meters and decks. Off street paved parking 1-4 spaces, shed and spacious yard. Unit B: updated in 2014: paint, tile flooring, carpet, bathroom vanities, light fixtures and stainless steel appliances. Unit A: 2014 new tile in bathrooms and kitchen great opportunity to update this unit to your liking. Country living close to everything!!
Multi-familyProperty Type
2001Year Built
1.86 acresLot Size
$202Est. Price/Sq.Ft.
1 spaceParking
Listed by Heather Gay• Keller Williams Realty
Bought with Christina Farynaz• Keller Williams Realty
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Dec 2, 2018.
RRA
Rural Residential And Agriculture District
The Rural Residential and Agricultural District is located in the most rural and sparsely populated sections of the Town, and extends beyond the areas of Gray that may reasonably be serviced by public water and sewer. It is the intent of this district to encourage low density development which will enhance, reinforce and protect the rural/open space environment currently characterizing these areas of the Town and to promote Agritourism on agricultural, forested and open space land for the use and enjoyment of these lands by allowing owners or operators of land to develop and offer accommodations, food and hospitality services on lands within this zone.
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Office-Other
Educational/school
Cemetery
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Paved, Common, On Site
Other Equipment: Internet Access Available, Cable, Air Radon Mitigation System
Laundry Information
Laundry Features: Washer Hookup
Multi-Unit Information
# of Units Total: 2
# of 3 Bedroom Units: 2
Operating Expense: $10,070
Gross Income: $30,600
Unit 1 Information
# of Bedrooms: 3
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,350
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding
Foundation Details: Concrete Perimeter
Roof: Composition, Shingle
Structure Type: Duplex, Modular
Total Stories: 2
Total Building Area (Sq. Ft.): 2,788
Exterior Features
Patio & Porch Features: Deck, Porch
Other Structures: Shed(s)
Property Information
Year Built: 2001
Above-Grade Finished Area (Sq. Ft.): 2,288
Below-Grade Finished Area (Sq. Ft.): 500
Lot Information
Lot Size (Sq. Ft.): $81,021.60
Lot Size (Acres): 1.86
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Level, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rural
Road Frontage Type: Private Road
Road Surface Type: Gravel, Dirt, Paved
Zoning: Rul/Res/Agr
Subdivision Information
Subdivision Name: Rivers Edge Road Association
Financial
Tax Information
Annual Tax Amount: $4,149
Tax Year: 2018
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Well, Private
Water Heater: Off Heating System, Oil
Location
HOA Information
Has Association
Association Fee: $500
Association Fee Frequency: Annually
Location Information
Unparsed Address: 4 Rivers Edge Road A,B, Gray, ME 04039
Directions: From I95 North or South take exit 63 (Gray exit) At the light take a left onto rt 202. Continue on 202 take a left Lawrence Rd and right on to Rivers Edge Rd first house on the right.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cumberland County
APN: —
Home facts updated by county records on Dec 2, 2018
Around this home
Schools
Russell School
Public K-2 • Assigned • 2.8mi
Gray-New Gloucester Middle School
Public 5-8 • Assigned • 3.1mi
5/10
Gray-New Gloucester High School
Public 9-12 • Assigned • 3.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Gray, ME • 04039
Average low and high temperatures (°F)
29
13
32
13
44
26
54
36
64
47
76
56
81
62
79
58
73
51
61
41
48
32
33
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.2 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
8.2 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$537,000 – $650,000
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