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$230,000   Price Analysis
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55 Main St
Mexico, ME 04257
3 bed 2 bath 2,296 SqFt ($100/SqFt)
0.56 acre lot.
Listed 2023-11-01
USDA Eligible
near Mexico, ME
 Restrictions may apply
due to home size

This property offers a remarkable opportunity

Whether you're looking for an owner-occupied investment or a straightforward income-generating investment. Currently, the first-floor commercial space is leased, bringing in a steady monthly income of $1, 000. This commercial area boasts an open floor plan, complemented by a small office and a storage room. It even includes a full bathroom with a stand-up shower. Access to this commercial space is convenient, with private entry directly from Main Street (US Route 2) or through the ample parking lot that comes with the building. Moving to the second floor, you'll find a private entrance accessible via covered stairs leading from the owner's dedicated two-car parking spaces.

At the top of these stairs, a tranquil patio awaits, offering a peaceful retreat to unwind after a long day. The apartment on the second floor has been meticulously maintained and features numerous upgrades. It comprises a well-appointed kitchen and a comfortable living room space, along with three bedrooms and one full bathroom. The bathroom has been recently remdeled, now featuring a modern stand-up shower for added convenience. Moreover, the building itself received a new Buderus boiler approximately three years ago, ensuring efficient heating and reliability. This versatile property presents an appealing blend of commercial and residential spaces, making it a valuable investment opportunity for discerning buyers


Presented by Ryan Arsenault at
AmNet Realty.


Property MLS #1576341 from MaineListings

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

Total Rooms: 6
Basement Features: Full, Interior Entry, Unfinished
Living Room Level: Second

Total Bathrooms: 2
Full Bathrooms: 2

Washer
Refrigerator
Microwave
Electric Range
Dryer

Cooling Features: A/C Units, Multi Units
Heating Features: Hot Water, Baseboard
Heating: Yes

Kitchen Level: Second

Fencing: Fenced
Patio And Porch Features: Patio

Lot Description: Level, Sidewalks, Landscaped, Intown, Near Shopping
Lot Size Acres: 0.56
Lot Size Square Feet: 24394

Parking Features: 11 - 20 Spaces, Gravel, On Site, Off Street, On Street

Calculated Total Monthly Association Fees: 0
Pets Allowed: No Restrictions

Annual Tax Amount: 2441
Source Listing Status: Active
County: Oxford
Directions: Located on Main St. (Rt. 2) in Mexico close to the intersection of Rt 2. and Rt 17.
Tax Year: 2022
Source Property Type: Residential
Parcel Number: MEXI-000020-000000-000078
Postal Code Plus 4: 1439
Property Subtype: Single Family Residence
Source System Name: C2C

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Above Grade Finished Area: 2296
Building Area Total: 2296
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Architectural Style: Multi-Level

Sewer: Public Sewer
Water Source: Public

Mountain Valley Middle School is a public elementary and middle school located approximately 0.8 miles away.
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Mountain Valley High School is a public high school located approximately 1 miles away.
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Roy House-Rumford Group Home is a private elementary and middle school located approximately 0.5 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.