About this home
Amazing Investment Opportunity! SIGNIFICANT PRICE IMPROVEMENT - This beautifully maintained and charming 2-unit property in the heart of Milbridge offers established tenants and a strong rental history, both short-term and long-term. This turn-of-the century property still has the original cranberry glass in some of the windows. Numerous updates make this an outstanding opportunity--ideal for investment or owner-occupied living. Both units are mostly furnished, with a detailed list of included items available. Milbridge is a vibrant coastal community featuring a theater, library, medical center, restaurants, grocery store, community garden, and public boat launch--ensuring there's always something to enjoy close to home. Conveniently situated between Ellsworth, Machias, and Winter Harbor, this property is just an hour from Acadia National Park and 1.5 hours from Bangor International Airport. Income and expense information provided to qualified buyers. Upstairs tenant to move out in October, so this would make a great owner-occupied property! See also this Multi-Family Listing MLS #1641254
Listing last checked: Listing updated:
Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1678705
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Details at a glance
Interior5 property facts
- Rooms
- 7
- Heating
- Oil, Radiant
- Cooling
- None
- Flooring
- Laminate, Wood
- Fireplaces
- 0
Building5 property facts
- Style
- Duplex
- Year built
- 1902
- Garage
- 0
- Foundation
- Block, Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.18 acres
- Water
- Public
- Sewer
- Private Sewer, Public Sewer
- Zoning
- Commercial
Financial2 property facts
- Annual taxes
- $1,901
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $260,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,473 / monthAdjust
- Principal & interest
- $1,315
- Property tax
- $158
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,901. 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 8 Cottage Street
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