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THE OUTCOME IS THE INCOME! Located close to downtown, this 2 unit has a positive cash flow yielding you a cap rate of over 10. First and second floor units feature 2 bedrooms apiece, each have their own laundry hook up and there is plenty of off street parking. Owner just installed in 2018 a new Biasi boiler for heat and hot water. Tenants pay for electricity while landlord pays for oil heat. Vinyl siding and thermopane windows are already in place. Both units have leases through April, 2020. Tenants like the off street parking and the Bangor City Bus goes by the house when a car is not available. With this cash flow, you will have the mortgage paid off early. YOUR DOLLARS MAKE $ENSE when invested in this two unit.

Property Details of 100 3rd Street

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Listed by Keller Williams Realty

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