About this home
Investment opportunity in Bridgton! This move-in ready two-unit property offers two-bedroom apartments, each with its own private entrance and washer and dryer. Unit 1 features 2 bedrooms and 1.5 bathrooms, while Unit 2 offers 2 bedrooms and 1 bathroom. Situated on a private lot along a public road with no association fees, the property offers plenty of parking and is currently vacant, providing flexibility for an owner-occupant or investor. The advertised gross annual income of $41,040 is based on previous monthly rental rates of $1,845 for Unit 1 and $1,575 for Unit 2, annualized over 12 months. Both units are currently vacant and are not generating rental income. Tenants are responsible for heat, electricity, trash removal, and shoveling, while the landlord handles driveway plowing. Whether you're looking to live in one unit and rent the other or add a duplex to your investment portfolio, this property offers multiple possibilities.
Listing last checked: Listing updated:
Listed by Listing Agent · The Lakes Real Estate · MLS #1681588
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Details at a glance
Interior4 property facts
- Heating
- Propane, Baseboard
- Cooling
- None
- Flooring
- Tile, Vinyl
- Fireplaces
- 0
Building5 property facts
- Style
- Duplex
- Year built
- 1990
- Garage
- 0
- Foundation
- Poured Concrete
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 1 acres
- Water
- Private, Well
- Sewer
- Private Sewer, Septic Tank
- Zoning
- Residential
Financial2 property facts
- Annual taxes
- $4,134
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $429,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,514 / monthAdjust
- Principal & interest
- $2,169
- Property tax
- $345
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,134. 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 220 Kimball Road
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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