20 Lee Rd, Lincoln, ME, 04457

$227,000

Home List Price

$2,696*

Closing Credit

3 Full Baths
2,200 SqFt
House

Location

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20 Lee Rd, Lincoln$227,000

Buyer Closing Credits

$2,696*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Parking5 - 10 Spaces, Gravel, On Site
Year Built1915
HeatingHot Water, Baseboard
CoolingNone
BasementYes
MLS #1608516
Lot Size0.20 Acres
StatusActive

About 20 Lee Rd

Investment Opportunity: Prime 3-Unit Apartment in a Thriving Community Discover an exceptional investment opportunity with this well-maintained 3-unit apartment complex, perfectly situated in the heart of a vibrant small community. Just a short stroll from bustling restaurants, unique shops, and a charming downtown area, these properties boast a prime location that appeals to both residents and investors alike. This delightful locale is enriched by the presence of 13 stunning lakes, creating an ideal environment for outdoor enthusiasts and offering a serene and tranquil living experience. Whether it's a leisurely stroll by the lake or an adventure on the water, this community offers endless enjoyment for nature lovers. Currently, our community is experiencing invigorating economic development, thanks in part to grant funding dedicated to the redevelopment of a historic local factory. This initiative is poised to significantly boost economic growth, making this property not only a wise choice for stable income but also a prospect for significant appreciation over time. The well-maintained properties are home to long-term tenants who cherish their living spaces, emphasizing the stability and desirability of this investment. Moreover, for first-time homebuyers, this presents a unique opportunity: live in one unit while the rental income from the other two units helps pay the mortgage. Furthermore, the property is primed for modern upgrades, with natural gas conveniently running along the road front. It can be converted for a cost of $6,500, enhancing the value and appeal of the units. Take advantage of this rare chance to invest in a flourishing community poised for growth and transformation. Whether you're an investor seeking a reliable income stream or a homebuyer looking for an innovative way to enter homeownership, this opportunity is not to be missed. For more information or to schedule a viewing, please contact us today.

Property Details

Property Features

Property Information:

  • Architectural Style: New Englander
  • Year Built: 1915
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Trinity Business Brokers
  • Office Phone: (207) 922-3276

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Laminate, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: 5 - 10 Spaces, Gravel, On Site

Lot Features

Lot Information:

  • Lot: Level, Open Lot, Rural Area
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Baseboard
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $227,000

Tax Information:

  • Annual Amount: $1,508
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Maine Listings
  • MLS Number: #1608516

Listing Office:

  • Office Name: Trinity Business Brokers
  • Office Phone: (207) 922-3276

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,508$69,800
2018$1,393$60,300
2017$1,360$60,300

History based on county public records data.

Payment Calculator

$1,200

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$747

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-429154
2
/10
  • Ella P. Burr School

  • 23 Ella P Burr St

  • 0.69 miles

  • Public District Grades PK-3

school-card-donut-429155
4
/10
  • Enfield Station School

  • 561 Hammett Rd

  • 9.36 miles

  • Public District Grades PK-5

school-card-donut-429156
3
/10
  • Lee/Winn School

  • 1009 Route 168

  • 9.80 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20 Lee Rd

What is the listing price of this property?

The listing price of 20 Lee Rd property is $227,000.

What type of property is this?

The property 20 Lee Rd is a house located in Lincoln, Maine, 04457.

Is this property for sale now?

Active Listing: 20 Lee Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,508 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 20 Lee Rd has 3 bathrooms..

What is the square footage of this property?

The property 20 Lee Rd is 2,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20 Lee Rd is 1915.

Rocket Homes›Maine›Penobscot County›Lincoln›04457›20 Lee Rd

This home is located at 20 Lee Rd in Lincoln, ME and zip code 04457. This 2,200 square foot home, which was built in 1915, sits on a 0.20 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since January 01, 1970 and is currently priced at $227,000.

From Rocket Homes Real Estate and based on county public records data.

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