Address
272 Portland Road Gray, ME
Price
$ 1,550,000
Property Attributes
  • MLS#1488660
  • TypeMulti-Family
  • CountyCUMBERLAND
  • CityGray
  • Zip04039
  • StyleCamp,Cottage,Farmhouse, Style
  • Year Built1950
  • Taxes$ 11909
  • Price$ 1,550,000
  • Bedrooms20
  • Full Bathrooms19
  • Half Bathrooms0
  • Sqr Footage7415
  • Lot Size7.5 Acres
Listing Provided Courtesy Of:
Bean Group
Data Source:
Maine Listings
Property Description

Great cash flow at a 9 Cap with very low vacancy. Busy Bee Cabins in Gray consists of 11 Cabins, 2 single wide trailers, 1 triplex, and the Main house with owner or manager quarters and 2 additional apartments. Seller built a 2 story barn/garage which is 40x60 with 2400s/f on 1st floor and 1200s/f of storage space on 2nd floor which can be finished. The 1st floor ceiling is 15' with an 12x13.6 overhead door, radiant heat, epoxy floors, 3/4 bath. Current manager would stay on for new owners.

General Features

Basement Slab
Construction Wood Frame
Cooling A/C Units, Other
Electric Circuit Breakers
Gas Y/N Bottled
Location Near Town, Near Turnpike/Interstate
Parking 21+ Spaces
Property Type C
Restrictions No Cats Allowed, No Dogs Allowed
Roof Other, Rolled/Hot Mop, Shingle
Sewer Private Sewer
Status Active
Style Camp, Cottage, Farmhouse, Other Style
Tax Year 2020
View Trees/Woods
Water Private
Zoning Commercial, Res, Ag

Interior Features

Floors Laminate, Other, Vinyl, Wood
Heating Fuel K-1/Kerosene, Propane
Heating System Baseboard, Direct Vent Heater
Sqft Finished Above Grade 7415.00
Sqft Finished Below Grade 0.00
Units: # Of 1 Bd Units 18
Units: # Of 2 Bd Units 1

Exterior Features

Driveway Common, Gravel, Other, Reclaimed
Exterior Other Exterior
Foundation Materials Poured Concrete, Slab
Lot 001
Roads Gravel/Dirt, Private
Water Info: Water Frontage No
Water Info: Water View No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 04039

Statistics provided by Inside Real Estate

Price
AVG $1.07M
$1.55M
Taxes
AVG $8,299
$11,909
Visits
AVG 7
13
Year Built
AVG 1925
1950

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.