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$399,900   Price Analysis
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57 Cottage Rd
Limerick, ME 04048
3 bed 2 bath 1,624 SqFt ($246/SqFt)
0.46 acre lot. Built 2016
Listed 2024-05-25, HOA $9
USDA Eligible
near Limerick, ME
 

This property epitomizes versatility

* Has Contingent Offer *

Making it an ideal owner-occupied residence or a lucrative income-producing asset. Currently configured as two units, it offers various options: live in one unit and rent the other, rent out both or utilize both for personal use. The second floor, situated above the garage, features a roomy two-bedroom layout with a generously sized open-concept kitchen and living area. Highlighted by an exposed pine beam, tongue and groove ceiling and knotty pine trim accents. The kitchen boasts stainless steel appliances and elegant wood cabinets, providing both functionality and style.

Step out onto the deck from the second floor to relish serene pond view s. Top-tier finishes adorn both units. The first-floor studio unit impresses with its striking checkerboard ceramic tile flooring. Whether retained as a rental or repurposed as a recreational room or in-law apartment, this space offers flexibility. Storage needs are met with the ample space available in the partially heated attached lower garage, perfect for storing recreational gear or other belongings. Conveniently located 45 minutes from Portland and 30 minutes from Biddeford, this property offers the perfect blend of tranquility and accessbility. Currently, both the studio apartment and the two-bedroom unit are occupied by tenants.


Presented by Brian Rizzo at
RIZZO MATTSON, REALTORS.
Listing Agent Photo

Property MLS #1591011 from MaineListings

Bedrooms: 3
Bedroom 1 Level: First
Bedroom 2 Level: Second
Bedroom 3 Level: Second

Total Rooms: 5
Living Room Level: Second

Total Bathrooms: 2
Full Bathrooms: 2

In-Law Floorplan

Refrigerator
Microwave
Electric Range

Heating Features: Direct Vent Heater
Heating: Yes

Kitchen Level: Second

Water Body Name: Pickerel Pond
Lake
Pond

Patio And Porch Features: Deck
Road Frontage Type: Private

Lot Description: Open Lot, Near Public Beach, Near Town, Neighborhood
Lot Size Acres: 0.46
Lot Size Square Feet: 20038

Garage Spaces: 2
Parking Features: 1 - 4 Spaces, Gravel, Common, Garage Door Opener, Heated Garage

View: Mountain(s), Scenic, Trees/Woods

Association: Yes
Association Fee: 105
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 9

Annual Tax Amount: 2697
Source Listing Status: Active Under Contract
County: York
Directions: Coming from Central Avenue, turn right on Park Street, and then right onto Cottage Road.
Tax Year: 2024
Source Property Type: Residential
Parcel Number: 57CottageRoadLimerick04048
Zoning: Resource Protection
Property Subtype: Single Family Residence
Source System Name: C2C

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Year Built: 2016
Above Grade Finished Area: 1624
Building Area Total: 1624
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter, Slab
Property Age: 8
Roof: Shingle
Architectural Style: Other Style

Sewer: Private Sewer, Septic Design Available
Water Source: Well Needed on Site

Massabesic High School is a public high school located approximately 11.6 miles away.
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Ossipee Valley Christian School is a private elementary and middle school located approximately 2.9 miles away.
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Line Elementary School is a public elementary school located approximately 4.2 miles away.
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Massabesic Middle School is a public middle school located approximately 9.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.