Description
This duplex has great rental history and produces income. Close to the University of Maine. One of the bigger lots on French Island. Rents are below market rate and can be increased. Upstairs unit lease ends May 31, 2022 and they will not be renewing, giving new owner the opportunity to increase rental amount to market rate and generate more income than this property already generates. This property is professionally managed by a local property management company that can remain in place for a smooth transition to new owner.
-
0BEDS
-
0.59ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
This duplex has great rental history and produces income. Close to the University of Maine. One of the bigger lots on French Island. Rents are below market rate and can be increased. Upstairs unit lease ends May 31, 2022 and they will not be renewing, giving new owner the opportunity to increase rental amount to market rate and generate more income than this property already generates. This property is professionally managed by a local property management company that can remain in place for a smooth transition to new owner.
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2022 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2022-05-20T12:48:14.56.
