$99,500 Price Analysis 91 Lewiston StMechanic Falls, ME 04256 4 bed 2 bath 804 SqFt ($123/SqFt) 1.59 acre lot. Listed 2023-07-12 | ✓ USDA Eligible near Mechanic Falls, ME |
A diamond in the rough that presents an excellent investment opportunity for seasoned investors or enthusiastic handymen. This property is ideal for those looking to take on a project and transform a fixer-upper into a desirable home or profitable rental. Nestled in the charming town of Mechanic Falls, this property boasts a convenient location with easy access to amenities, schools and recreational facilities. While it requires significant renovation and repairs, its potential and affordability make it an attractive prospect for the right buyer.
The house sits on a open lot, offering ample room for expansion, landscaping or creating an outdoor oasis. With a discerning eye, a creative vision and some elbow grease, this property can be transformed into a attractive and welcoming home. Investors will appreciate the potential return on investment this proprty offers. Once renovated, it can be rented out to tenants, providing a steady stream of rental income. The demand for rental properties in Mechanic Falls makes this an attractive option for those seeking to build a real estate portfolio.
Presented by Brian DuBois at
Keller Williams Realty.
Property MLS #1565044 from MaineListings
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.