About this home
Looking for an affordable investment opportunity just minutes from the University of Maine? This updated 3-bedroom, 1-bath home is perfectly positioned for student housing, rental income, or owner-occupancy. Each of the three bedrooms features it's own lock and key, offering privacy and flexibility for tenants. Recent improvements include fresh paint and new flooring throughout the entire home, and brand-new front and rear decks, creating inviting outdoor spaces for relaxing or entertaining. Conveniently located near the university, shopping, dining, and local amenities, this move-in-ready property offers excellent potential for investors and homeowners alike. Call today for a showing! *The property may also be purchased with a separate vacant lot located directly across the road - an ideal location for a future garage, workshop, or additional storage (subject to local approvals).
Listing last checked: Listing updated:
Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1668572
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Details at a glance
Interior5 property facts
- Rooms
- 5
- Heating
- Oil, Baseboard, Hot Water
- Cooling
- None
- Flooring
- Vinyl
- Fireplaces
- 0
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1942
- Garage
- 0
- Foundation
- Block
- Roof
- Fiberglass, Shingle
Land & utilities4 property facts
- Lot size
- 0.06 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Residential
Financial2 property facts
- Annual taxes
- $1,836
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $210,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,215 / monthAdjust
- Principal & interest
- $1,062
- Property tax
- $153
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,836. 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 12 Grays Lane
Can I request a private showing?
Request a tour of 12 Grays Lane 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.