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93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo
93 Goodwin Road, Eliot, ME 03903 Photo

6 Total Photos [Click to View All]

  • Listing Provided by:
    Great Island Realty LLC
    Phone: 603-433-3350
    Agent: Stephen Doherty IDX logo

  • 16
    Beds
  • 12
    Baths
  • 9,120
    Square Feet
  • 5117527
    MLS#
$1,800,000
Status: Under Contract
93 Goodwin Road Eliot, ME 03903

Property Description

This property is a fully occupied 8-unit investment opportunity situated on approximately 17 acres. It consists of three residential buildings: two duplexes and one four-unit building, offering a well-balanced mix of spacious two-bedroom apartments in a desirable Southern Maine location. Each duplex contains two-bedroom, one-bath units of approximately 1,100 square feet per apartment. All duplex units include full, separate basements with individual laundry. The four-unit building is made up of two-bedroom units with one and one-half baths, each offering approximately 1,200 square feet, along with full basements and separate laundry for each unit. All units are currently occupied. There are no fixed-term leases in place, as all residents are tenants at will. Existing rents range from approximately $1,600 to $1,700 per month, which appears to be below prevailing market levels for two-bedroom rentals in Eliot. Recent public rental listings and market trackers show two-bedroom asking rents in Eliot commonly around $1,975 and in some cases as high as $2,700, suggesting meaningful upside potential through future rent adjustments as units turn over.

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Property Features

MLS Number: 5117527
Subdivision:
County: York
Bedrooms: 16
Total Square Feet: 9,120
Style: Multi-Family
New Constuction: No
Construction: Wood Frame
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Oil, Hot Water
Lot Size: 17.00 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $11,539
Year Built: 1986

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1700.00
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 5:
Bathroom(s): 2
Bedrooms: 2
Rent: $1600.00
Unit 6:
Bathroom(s): 2
Bedrooms: 2
Rent: $1600.00
Unit 7:
Bathroom(s): 2
Bedrooms: 2
Rent: $1700.00
Unit 8:
Bathroom(s): 2
Bedrooms: 2
Rent: $1600.00

Feature Descriptions

Construction: Wood Frame
Days on Market: 1
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: Unknown
Foundation: Concrete
Foundation: Concrete
Home Style: Multi-Family
Lot: Country Setting
Parking: Driveway, On-Site
Roads: Public
Sewer: Private
Sq. Ft. Total Finished: 9120
Total Stories: 2
Units: 8
Water: Private
Zoning: SD

Location

Listed By / Shown By

Listed By

Broker Name: Great Island Realty LLC
Agent Name: Stephen Doherty
Broker Phone: 603-433-3350

IDX logo

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Estimated Payment

$ 11,183.27 per month $9,696.69 Principal & Interest $961.58 Property Tax $525.00 Homeowner's Insurance

Source: Delta Media Group, Inc.

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(Payments are an estimate and may vary by lender)

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