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Investors take notice! Inviting duplex offering two well-appointed 2-bedroom units, centrally located in town. Both units feature off-street parking for convenience, ensuring a hassle-free urban lifestyle. A charming covered porch welcomes you to each unit. Unit 56 Mount Hope has undergone recent renovations, showcasing modern updates and a fresh aesthetic. Meanwhile, Unit 54 Mount Hope, renovated in the past, exudes timeless charm and character. Both units boast a thoughtful layout and offer the luxury of a back deck, providing additional outdoor space for relaxation and entertainment. Notably, Unit 54 is equipped with a heat pump on the first floor, ensuring comfort and energy efficiency. This investment opportunity is enhanced by the current rental rates of $1,775 for Unit 54 and $1,925 for Unit 56, showcasing strong income potential. While Unit 54 has been consistently generating income, Unit 56 has temporarily foregone rental income for 8 months due to renovations, presenting an opportunity for a new owner to capitalize on the upgraded features and increased rental value. Don't miss the chance to own a well-maintained duplex in a prime location, combining modern living with the appeal of a lucrative investment.

Property Details of 54 & 56 Mount Hope Avenue

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Mallett Real Estate participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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