50 Royal Street Winthrop, ME 04364
Investment property located in-town Winthrop between Maranacook Lake and Cobbosseecontee Lake. Come live in one unit, while the other unit helps pay for your mortgage! Overall, the property needs repair. It has two occupiable units and one unit needing complete renovation. The first unit has 3 bedrooms. On the first floor you will find a large living room, an office space, a full bath, sunny dining area, and kitchen (that has a new dishwasher!). On the second floor there is a bedroom with a bathroom and two additional bedrooms. The second unit is one level with two bedrooms, living room, kitchen (that has a new dishwasher and fridge!), and full bathroom with a new laundry set. There is a back deck off of the bigger bedroom. Units 1 and 2 have heat pumps (AC!). The unfinished third unit is a studio located up a set of brand new stairs with a deck. The third unit needs to be completely finished - needs heat, drywall, flooring, updated plumbing, etc. The property features a large side yard that has potential to build another dwelling, buyers to do due diligence with the town. Plentiful space for onsite parking. The location of this property is close to all necessary amenities. 1 mile to shopping, .5 mile to Winthrop Town Beach, 1 mile to public schools. Great opportunity to build sweat equity, come check out this awesome investment property!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyKennebec
- Taxes$3,237
- HOA/Condo/Coop Fees$0
- Days on Site124 Days
- MLS StatusPending
- MLS ID Number1571136
- Home Size Source N/A
- Year Built1900
- Lot Size0.62 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Style Multi- Level
- Construction Wood SidingVinyl Siding
- Parking 1 - 4 SpacesGravelOn Site
- Sewer Public Sewer
- Electric Circuit Breakers
- Basement Interior EntryUnfinished
- Acreage 0.62
- Water Public
- Foundation Stone
- Zoning V
Interior Features
- Cooling Heat Pump
- Heating Heat PumpForced Air
- Flooring WoodVinyl
- Interior 1st Floor Bedroom
- Laundry Features Laundry - 1st FloorMain Level
Exterior Features
- Roof Shingle
- Waterfront Property No
- Lot LevelOpen LotIntownNear Public BeachNear Shopping
- Patio And Porch DeckPorch
- Other Structures Shed(s)