About this home
Income producing 3-unit multifamily investment property in Mexico, Maine with existing rental income and additional upside. 11 Holman Ave features one spacious 3-bedroom unit and two 1-bedroom units, with two units currently occupied and a vacant 1-bedroom offering the opportunity to place a new tenant. At full occupancy, projected gross rental income is $40,800 annually. Tenants pay their own electric, and all units include washer/dryer hookups. Conveniently located near area employers, shopping, services and everyday amenities. A solid opportunity for investors seeking a Maine multifamily with established income, a flexible unit mix and room for increased cash flow. 48-hour notice required for showings.
Listing last checked: Listing updated:
Listed by Listing Agent · RE/MAX Shoreline · MLS #1662135
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Details at a glance
Interior4 property facts
- Heating
- Oil, Baseboard
- Cooling
- None
- Flooring
- Laminate, Vinyl
- Fireplaces
- 0
Building5 property facts
- Style
- Other
- Year built
- 1934
- Garage
- 0
- Foundation
- Poured Concrete
- Roof
- Membrane
Land & utilities4 property facts
- Lot size
- 0.1 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- None
Financial2 property facts
- Annual taxes
- $1,757
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $165,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$981 / monthAdjust
- Principal & interest
- $834
- Property tax
- $146
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,757. 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 11 Holman Avenue
Can I request a private showing?
Request a tour of 11 Holman Avenue 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.