Multi-family Homes and Residential Income Properties
Affordable Living! Multi-Family Homes.
One of the best reasons to buy a multifamily is so you can let the tenants pay the mortgage, and live nearly rent-free. Over the years, as you pay down the mortgage and rents go up, you can rent out your "owner's" apartment and buy yourself another house. It's one of the most affordable ways to live. Buy low (now!) and do a tax-deferred exchange for a bigger property later. Or hold until the mortgage is paid off, and have retirement income. Passive income sure beats having a job!
Outstanding location in Jackson Village. This 4 unit rental property has a very stable longterm clientele. (Rents have not been increased for over 5 years.) Landlord and renters take pride in the property and it shows. New septic in 2002. Continue to use it as an income property or renovate it into a charming Jackson Victorian home.
Unique property with two bldgs on the same lot, a 3BR house & another bldg with 4 apts- 2 Studio, 2 1BR. Easy to rent location cannot be beat, 3 blocks from N. Conway Village: near restaurants, post office, banks, schools, Mount Cranmore, you name it. Meticulously maintained by owner, lots of updates in both bldgs: new deck, custom kitchens, new appliances and more! Fully leased. A true "armchair investment" with over $37,000 annual income. Tenants pay utilities. Broker interest.
WHEN YOUR TENANTS CAN WALK TO DOWNTOWN NORTH CONWAY, it means you'll always have units that are full. This building has great potential - currently a four unit building, so no commercial financing is needed to purchase. Can be expanded to a six unit (with units on the third floor and in the outbuilding) to maximize income. One one-bedroom, one studio and two 2-bedroom units, garage, outbuilding, plenty of parking and a fantastic location. Recent improvements include new carpeting, interior paint and 23 new windows for increased efficiency!
Want to make some money? Netting over $16,000/year, this boarding house is just begging to supplement your income! Set on Washington Street, steps away from one of the area's most scenic covered bridges, this born again Victorian home is walking distance to Conway Village. Inside it has details galore, with hardwood floors, colonial paint, updated kitchen with exposed brick and an awesome island. Pretty wrap around porch adds to the curb appeal. Currently used as a rental property, you could live elsewhere and just wait for the checks to come in! Also could be a bed and breakfast. Live your dream!
LAND AND BUILDING FOR SALE consisting of four residential apartments and approximately 2,000 square feet of retail space. Retail space is currently an art supply store with storage and office space. Business not included at this price. Apartments in good condition.
Spacious Turn of the Century New Englander with a modern flair, set on 1.2 acres backing up to a babbling brook. Home features 5 bedrooms in the main house, family room w/FP, stained glass windows, and screened in porch. In addition, 2 separate income apartments, one two bedroom and one three bedroom. This home is move in ready, beautiful, and a short walk to Conway Village.
Attention Investors, this is a money maker: $4,785.00 total gross monthly income. The 7 well maintained units are comprised of 3- 2 br, 2-1 br, and 2 studios. 100% occupancy! Located in a quaint village setting. The one acre lot offers plenty of off-street parking. Come and see !
Ideally located and significantly renovated multi-unit income property served by precinct water and sewer. Handy to Conway Village and sandy town beach on Saco River. Well managed by owner, many improvements in 2005. New boiler installed December,2008.
Two houses for the price of one! Two classic New England farm houses in move-in or rental ready condition. Walk to the village, Wentworth Golf Course, and Jackson Cross Country Skiing. The main house has 4 bedrooms and 2 baths. The guest house has 2 bedrooms and a full bath. Both properties are well maintained and could be a great family getaway or rental property. Lots of new features including windows, doors, insulation, furnace & gas heater. Come see this cute little Jackson retreat!
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