128 Forest AvenueOrono, ME 04473MLS Number 1521969

  • Sale Price: $624,000
  • 286 Days Since Sale
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All 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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128 Forest Avenue Orono ME 04473
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  • 2,272Square Feet
  • 4.1Acreage
  • 1920Year Built

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Licensed for 32 sites, FOREST AVE MOBILE HOME PARK offers a SF 3bed-1bath house, 11 park owned homes, 5 rented lots and 15 lots that can easily be rented. This park sits in a convenient location with walking distance to downtown Orono and all that it has to offer. Main St is only .7 of a mile walk... Another take away, the rents have not been increased in the last 5 years, with a little attention this investment has lots of upside potential in this market. There is a large building in need of repair but could be used for storage purposes. Priced to sell, don't hesitate
Listed by Better Homes & Gardens Real Estate/The Masiello Group

Sold by Better Homes & Gardens Real Estate/The Masiello Group

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More Info

Basic Information

  • Documents Available Property Disclosure Public Access, Lead Paint Addendum Public Access, Other Public Access 2, Plot Plan Public Access, Deed Public Access
  • Gross Income $126,900
  • Property Uses Mobile/Trailer Park

Building

  • Building ConstructionMobile
  • Commercial Bldg Information Gross Income $126,900
  • Commercial Bldg Information Operating Expenses $37,615
  • Commercial Bldg Information Total Units 32
  • Garage Spaces
  • Units32
  • Year Built1920

Amenities

  • Mls StatusClosed
  • Other AmenitiesFireplace

Other

  • Association Fee Frequency Monthly
  • Association YN Yes
  • Date Listed03/17/2022
  • Fees$300
  • View Count44

Tax Information

  • Tax Book Number 11783
  • Tax Lot40
  • Tax Map Number 19-3
  • Tax Year 2022
  • Taxes$17,291

Location

  • Address128 Forest Avenue
  • Building Number128
  • CountyPenobscot
  • Latitude44.888694
  • Longitude-68.685223
  • StateME
  • StreetForest Avenue
  • SubdivisionForest Ave Mobile Home Park
  • TownOrono
  • Zip04473

Property Information

  • Acreage4.1
  • Lot Features Near Shopping
  • Lot Size Area 4
  • Lot Size Square Feet 178,596
  • Lot Size Units Acres
  • Square Feet2,272

Parking

  • Parking Features Gravel,21+ Spaces, On Site

Basic Information

  • Agent ID006494
  • Broker ID1066
  • Broker NameBetter Homes & Gardens Real Estate/The Masiello Group
  • List Price$725,000
  • LocationTypeDowntown, Mobile Home Park, Near Shopping
  • MLS Number1521969
  • Modification Date12/14/2022
  • Property SubTypeMulti Family
  • Sale Date12/13/2022
  • Sale Price$624,000
  • Virtual TourView Tour

Legal

  • ZoningMDR

Photos

  • Number of Photos56
Compass Point Real Estate

Your Local Office

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Compass Point Real Estate
Office: 207-374-5300
75 Main Street
PO Box 52
Blue Hill, ME 04614

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Compass Point Real Estate participates in ©2023 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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