About this home
Seller financing available. Looking for a ready-to-rent 2-unit property in Bingham? 18 Preble Street offers a solid opportunity for investors or owner-occupants looking to generate income. Each unit features 2 bedrooms and 1 full bathroom, along with a comfortable living room, in-unit laundry area, and hot water baseboard heat for efficient year-round living. Both apartments include private decks, providing outdoor space for tenants to relax and enjoy. The property also features a large unfinished attached barn, offering excellent potential for additional rental income, storage, workshop space, or possible future expansion. With two income-producing units already configured, this property provides flexibility for long-term rentals, multi-generational living, or owner-occupancy with rental income. Conveniently located in Bingham's small-town setting with access to nearby outdoor recreation, including the Kennebec River and ATV/snowmobile trails, it's an attractive option for tenants who enjoy Maine's outdoor lifestyle.
Listing last checked: Listing updated:
Listed by Listing Agent · Coldwell Banker Realty · MLS #1653582
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Details at a glance
Interior3 property facts
- Heating
- Oil, Baseboard, Hot Water
- Cooling
- None
- Flooring
- Carpet, Vinyl, Wood
Building5 property facts
- Style
- Duplex
- Year built
- 9999
- Garage
- 1
- Foundation
- Poured Concrete
- Roof
- Metal
Land & utilities4 property facts
- Lot size
- 0.26 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- N/A
Financial2 property facts
- Annual taxes
- $2,352
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $199,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,207 / monthAdjust
- Principal & interest
- $1,011
- Property tax
- $196
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,352. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 18 Preble Street
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Request a tour of 18 Preble Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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