Spacious, renovated and fully-occupied, this apartment building is located on a quiet street within walking distance of the elementary school in Randolph, Maine. The property consists of three one bedroom units and one two bedroom unit. Apartment descriptions: Apt #4 on the 2nd floor has a nice eat in kitchen, with windows to the backyard as well as watching the kids over at the school out on recess or sliding down the hill in the wintertime. Apt #3 on the 1st floor has a bit more room than #4, eat-in kitchen and a fireplace in the living room. They both have extra storage space and a back stairway that goes out to the cellar and backyard. Apt #2 on the 2nd floor is a one bedroom, but has a walk in closet and is very spacious for a one bedroom apartment with a gorgeous kitchen and bathroom (with washer dryer in it) and tons of storage space. Apt #1, the only two bedroom and on the first floor has a beautiful enclosed porch (warm enough to sit out in the winter), large kitchen with washer and dryer, pantry, dining room with tin ceiling, living room with a bay window and front bedroom with a huge closet well lit inside and out as well as a smaller bedroom that could be an office or perhaps a child's bedroom. See photos attached that starts with Apt #1. The rent includes heat, hot water, sewer, trash and snow removal and parking. There is also a shared brick patio for all tenants to utilize and are welcome to bring their own grills, chairs etc. Paved driveway has a large parking area and the backyard is a huge grassy area with trees and shrubs. The property is close to the elementary school, shopping in Gardiner just across the bridge, the Rail Trail for walking and biking and easy access to I-95 and I-295; as well as located six miles from the state capitol of Augusta, Me. FINANCIAL INFORMATION YEARLY EXPENSES Taxes: $2824.00 Insurance: $2300.00 Heating oil: $9575.00 Water: $464.00 Sewer: $512.00 Trash removal: $775.00 Plowing: $150.00 Total Expenses: $16,600.00 INCOME FROM RENT PER MONTH Apt #1 $1100.00 Apt #2 $ 950.00 Apt #3 $ 800.00 Apt #4 $ 700.00 Total: $3550.00 per month Total Income per year: $42.600.00 Net Income for landlord per year: $26,000 Owner is very motivated to sell this apartment house, with retirement and traveling in the near future. Contact Ray Robitaille at 207-542-7229 or 739 Head Tide Hill Rd Alna, Me 04535.
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