Cheap homes for sale & real estate in 04224, ME

Cheap Home for sale in 04224, ME:

Six-unit multifamily offering value-add upside through below-market rents and recent improvements throughout. A new roof installed in 2023, while 5 out of 6 units have seen recent renovation. With in-place income and the ability to increase rents through continued improvements, this asset presents an attractive opportunity for the next owner. * Property is Undergoing Lead Abatement *

Cheap Home for sale in 04224, ME:

Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 11.6% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.

Cheap Home for sale in 04224, ME:

Six-unit multifamily offering strong layout, additional utility, and value-add upside. The property features one (1) 3-bedroom unit and five (5) 2-bedroom units, with current rents below market, presenting immediate opportunity for increased returns. In addition to the residential units, the property includes a workshop space currently occupied by the management company, providing added flexibility for future use. The roof is approximately 6 years old, addressing a major capital improvement. A compelling investment opportunity with existing income, clear upside, and room to grow.

Cheap Home for sale in 04224, ME:

Fully occupied 7-unit multifamily offering strong in-place cash flow and immediate returns. The property consists of six (6) 3-bedroom units and one (1) 1-bedroom unit, a unit mix that supports consistent rental demand and operational efficiency. The building is currently operating at a 14% cap rate, providing attractive income from day one. Lead abatement was also completed in 2025. This turnkey investment with strong fundamentals, proven performance, and minimal deferred maintenance will not last long!

Cheap Home for sale in 04224, ME:

Well-maintained 3-unit property featuring oversized apartments with a desirable unit mix of two (2) 4-bedroom units and one (1) 3-bedroom unit. The large layouts support strong rental demand while also offering flexibility for an owner-occupant seeking space with income potential. A new roof was installed in 2022, addressing a major capital item. Documentation has been submitted for the property to go under lead abatement, providing a clear path toward compliance. A solid multifamily opportunity with large units, recent improvements, and long-term value upside.

Cheap Home for sale in 04224, ME:

Investment opportunity featuring three parcels at one location: 6, 7, and 8 Pleasant Street. OFFERING UP TO 10% SELLER FINANCING Please do not disturb tenants, this is a dead-end street. Last 200' or so is maintained by owner. 6 Pleasant Street is a vacant lot with no structure currently on it. Some infrastructure is already in place, offering future development potential. 7 Pleasant Street is the larger parcel and includes a 3-bedroom, 1-bath mobile home. The unit is currently rented for $1,150 per month, with the tenant responsible for all utilities except sewer. 8 Pleasant Street features a 2-bedroom, 1-bath mobile home with a Section 8 tenant, also generating $1,150 per month in ren