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$1,250,000   Price Analysis
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369 School St
Unity, ME 04988
Unknown bed 11 bath 14,524 SqFt ($86/SqFt)
1.05 acre lot. Built 1988
Listed 2023-09-26
May be USDA loan restricted due to income limits
near Unity

Great investment opportunity.

Very well maintained 10 apartment units and 1 retail unit . Five dditional first floor units are under constructions. The owner currently has potential tenants on a waiting list.

The owner is now completing the 5 additional units. When these units are finished and rented the estimated ROI will be 9.4%.


Presented by Anthony Belliveau at
Berkshire Hathaway HomeServices Northeast Real Estate.
Listing Agent Photo

Property MLS #1573164 from MaineListings

Total Bathrooms: 10.5
Full Bathrooms: 10
1/2 Bathrooms: 1

Cooling Features: Heat Pump
Heating Features: Hot Water, Heat Pump, Baseboard
Heating: Yes

Flooring: Laminate

Lot Description: Level, Open Lot, Near Town
Lot Size Acres: 1.05
Lot Size Square Feet: 45738

Parking Features: 21+ Spaces, Paved

Gross Income: 159600

Number of Units: 11

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 6260
Source Listing Status: Active
County: Waldo
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: UNIW-000011-000000-000014-000016
Postal Code Plus 4: 3907
Zoning: Commercial
Source System Name: C2C

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Operating Expense: 54585

Year Built: 1988
Above Grade Finished Area: 14524
Building Area Total: 14524
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Slab
Property Age: 36
Roof: Metal
Architectural Style: Contemporary, Multi-Level

Sewer: Public Sewer
Utilities On
Water Source: Private, Well

Mt View High School is a public high school located approximately 5.9 miles away.
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Mt View Middle School is a public middle school located approximately 5.9 miles away.
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Troy Central School is a public elementary school located approximately 5.6 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.