🏡 Investor's Dream Deal! Affordable SFH in West Enfield, ME - Great Value!

Penobscot County, Enfield, ME, 04493
Sold
Listed at: November 9th, 2023
Price
$75,000
ARV
$154,000
Gross Margin
$79,000
Sq. Footage
1224
Type
Single-Family
Parking
Driveway
Year build
1875
Lot size
0.42 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
0
Summary

Welcome to this hidden gem for investors seeking a budget-friendly residential property with minimal cosmetic repairs needed. This 4-bedroom, 1-bathroom single-family home offers incredible potential for buy-and-hold strategies or rental income.

Property Details:

  • 🛏️ 4 Bedrooms
  • 🛁 1 Bathroom
  • 📐 1224 sqft
  • 🏡 0.419 Acre Lot
  • 🏡 1875 Built
  • 🏡 1 Story
  • 🏡 Concrete Slab Foundation
  • 🏠 Roof: Metal, 2014
  • 💧 Water Heater: Electric, 2018
  • ❄️ HVAC: Window Unit
  • 🌳 Floors: Vinyl/Hardwood
  • 💦 Well Water and City Sewer
  • 🚗 Parking: Driveway
  • 🚫 No HOA

Recent Updates:

  • New Front Porch
  • 🔧 Replaced Pressure Tank (Well Pump and Wiring)
  • 🍽️ Redid Kitchen Flooring with Vinyl Flooring

Minimal Repairs Needed:

  • 🍽️ Kitchen Needs Cabinets & Countertops

This property's charm lies in its solid foundation and recent upgrades, making it an excellent investment opportunity. The new front porch enhances the curb appeal, and the well-maintained metal roof ensures durability.

The practical updates, including the replacement of the pressure tank and upgraded kitchen flooring, have laid the groundwork for a comfortable living space. With minimal repairs required in the kitchen, this property is ripe for customization and value addition.

Local Hotspots:

Explore the quaint town of West Enfield, ME, known for its friendly community and scenic beauty on the Penobscot River. Enjoy nearby attractions such as:

  1. Bangor, ME (Approx. 30 minutes): Explore the lively city of Bangor with its diverse dining options, cultural events, and attractions like the Bangor Waterfront and Paul Bunyan Statue.
  2. Acadia National Park (Approx. 1 hour): Immerse yourself in the breathtaking landscapes of Acadia National Park, offering hiking trails, scenic viewpoints, and coastal beauty.
  3. Katahdin Woods and Waters National Monument (Approx. 1 hour): Discover the pristine wilderness and outdoor adventures in the Katahdin Woods and Waters National Monument.
  4. Penobscot River Walkway (Approx. 30 minutes): Enjoy a leisurely stroll along the Penobscot River Walkway in Old Town, offering picturesque views of the river and surrounding nature.
  5. Stephen King's House (Approx. 30 minutes): For fans of literature, take a drive by Stephen King's iconic house in Bangor and soak in the inspiration for many of his stories.
  6. University of Maine Museum of Art (Approx. 30 minutes): Experience cultural enrichment at the University of Maine Museum of Art in Bangor, showcasing a diverse collection of visual arts.
  7. Piscataquis County Ice Arena (Approx. 45 minutes): If you're a fan of ice sports, check out events and activities at the Piscataquis County Ice Arena in Dover-Foxcroft.

Don't miss out on this golden opportunity to invest in a budget-friendly property with high potential returns. Act fast, as deals like these don't last long! Contact us today to schedule a viewing and unlock the full potential of 81 Old County Rd N.

Luxe Home Offer, LLC does not claim to be the owner of this property. Luxe Home Offer, LLC does hold a current equitable interest in the subject property. Luxe Home Offer, LLC does not represent you as your real estate agent in any capacity of a transaction unless agreed upon by all parties in writing. All above stated information, including any projected after repair values and estimated repairs, are a matter of personal opinion. Always perform your own due diligence to verify and validate any numbers presented before signing a contract or assignment to purchase any property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joseph Banks

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Disposition manager