Commercial for Sale: 2 Hopes Place, Bradley, ME 04411 SOLD

$1,200,000
$1,200,000
2 Hopes Place, Bradley, ME 04411 SOLD
$1,200,000
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Selling Price: $1,200,000
Original List Price: $1,500,000
Sold at 80.0% of list price
Sold Date: 12/30/2024

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Type Commercial
Square Feet 9,596 sqft
Lot Size 5.15 acres
Year Built 1990
Taxes Paid $11,996
City Bradley
County Penobscot
MLS 1599625
Status Closed
Excellent immaculate investment property 15 minutes from Bangor or 5 miles from the University of Maine. 7 townhouse units, in two separate buildings, each with two bedrooms and 1.5 bath, large eat in kitchen and living room. Sliders to open area for garden or enjoyment. There is an owner residence with an attached two car garage, two bedrooms, two en suites, living room, dining room, office den and gorgeous stone patio for entertaining. The owner's residence is located at the end of the second building for complete privacy or rental premium. Each building has a boiler room with laundry, well and septic. Generator on demand runs the heat, hot water, well and septic for both buildings. Complex has a workshop and 16 storage units for additional income.Undeveloped land can accommodate more units with adequate soils test and town approval. Excellent financials and cap rate. Fully occupied (owners residence will be vacant at or before closing) with long term tenancy. Leases run annually from September through August.

Lot & Building Features

Tax Year 24
Taxes Paid $11,996

Price History of 2 Hopes Place, Bradley, ME

Date Name Price Difference
08/07/2024 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Kevin Cooper
Direct: 603-657-6787
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by ERA Dawson-Bradford Co., Marianna Reeves 207-947-6788
Sold by ERA Dawson-Bradford Co., Chad Bradbury 207-947-6788
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20%
0.99966666666667%
6.75%
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Listing information courtesy of: ERA Dawson-Bradford Co.

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