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Bean Group
Offered at $239,000Active
beds
—
baths
4
sq ft
2,842
Built
1989

46-48 Overfar Way

Hermon, ME 04401

About this home

A unique investment opportunity out in the country of Hermon. This 2 car garage duplex is now available and packed with potential! This duplex could be the perfect setup to live in one side and rent out the other side to help pay the mortgage or rent both side for a potential positive cash flow with 2 rents paying the mortgage. The property is currently configured as two separate units and taxed as such with 2 separate deeds. Unit 1 - #46 is a 2 story story layout with 2 bedrooms .2 baths , kitchen; open dining and living room and office on 2nd level. Also has another room downstairs for 1600 Sq ft along with 1 car garage. Unit 2- #48 is a two-story layout with a kitchen; open dining and living room 1 bath and big spare room / office and garage on 1st floor with 2 bedrooms and another bathroom on second floor with 1242 Sq Ft. #48 is currently being rented for $1400 per month. The builder thoughtfully framed a doorway and hall between the two units and 2 bay garage in between for convenience. Whether you're an investor looking for steady rental income or live in one side and rent the other. Ready to stop renting and start investing? . Don't miss out - contact your agent today to schedule a showing and explore the possibilities!

Listing last checked: Listing updated:

Listed by Listing Agent · American Dream Realty, LLC · MLS #1642395

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Details at a glance

Interior4 property facts
Heating
Propane, Space Heater
Cooling
Window Unit(s)
Flooring
Carpet, Linoleum
Fireplaces
0
Building5 property facts
Style
Duplex
Year built
1989
Garage
2
Foundation
Slab
Roof
Shingle
Land & utilities4 property facts
Lot size
2.07 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
Res
Financial2 property facts
Annual taxes
$3,188
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $239,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,474 / monthAdjust
Principal & interest
$1,209
Property tax
$266
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,188. 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 46-48 Overfar Way

Can I request a private showing?

Request a tour of 46-48 Overfar Way 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?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.