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Listed by Stephen Doherty Great Island Realty, LLC
$ 1,800,000
Est. payment /mo
Pending
93 Goodwin RD Eliot, ME 03903
12 Baths
9,120 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 9,120 sqft
Price per Sqft $197
MLS Listing ID 1687472
Style Duplex,Townhouse
Full Baths 8
HOA Y/N No
Year Built 1986
Tax Year 2025
Lot Size 17.000 Acres
Acres 17.0
Source Maine Listings
Land Area 9120
Property Description
This property is a fully occupied 8-unit investment opportunity situated on approximately 17 acres. It consists of three residential buildings: two duplexes and one four-unit building, offering a well-balanced mix of spacious two-bedroom apartments in a desirable Southern Maine location.
Each duplex contains two-bedroom, one-bath units of approximately 1,100 square feet per apartment. All duplex units include full, separate basements with individual laundry. The four-unit building is made up of two-bedroom units with one and one-half baths, each offering approximately 1,200 square feet, along with full basements and separate laundry for each unit.
All units are currently occupied. There are no fixed-term leases in place, as all residents are tenants at will. Existing rents range from approximately $1,600 to $1,700 per month, which appears to be below prevailing market levels for two-bedroom rentals in Eliot. Recent public rental listings and market trackers show two-bedroom asking rents in Eliot commonly around $1,975 and in some cases as high as $2,700, suggesting meaningful upside potential through future rent adjustments as units turn over.
Each duplex contains two-bedroom, one-bath units of approximately 1,100 square feet per apartment. All duplex units include full, separate basements with individual laundry. The four-unit building is made up of two-bedroom units with one and one-half baths, each offering approximately 1,200 square feet, along with full basements and separate laundry for each unit.
All units are currently occupied. There are no fixed-term leases in place, as all residents are tenants at will. Existing rents range from approximately $1,600 to $1,700 per month, which appears to be below prevailing market levels for two-bedroom rentals in Eliot. Recent public rental listings and market trackers show two-bedroom asking rents in Eliot commonly around $1,975 and in some cases as high as $2,700, suggesting meaningful upside potential through future rent adjustments as units turn over.
Location
State ME
County York
Zoning SD
Rooms
Basement Bulkhead, Interior Entry, Full, Unfinished
Interior
Heating Oil, Hot Water
Cooling None
Flooring Carpet, Vinyl
Fireplace No
Exterior
Parking Features Paved, 11 - 20 Spaces, On Site
View Fields, Trees/Woods
Roof Type Shingle
Garage No
Building
Lot Description Rural, Wooded
Story 2
Foundation Poured Concrete
Water Private, Well
Architectural Style Colonial
Level or Stories 2
Others
Tax ID ELIO-000048-000011
