50 Royal Street
Winthrop, ME 04364

$299,000
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Must see multi-family property located in-town Winthrop between Maranacook Lake and Cobbosseecontee Lake. This property is a legal three family with the town. All units need work. The first unit is a spacious 3 bedroom with ample natural light...
4
Full Baths
2,655 Sq Ft.
Interior
.62 Acres
Exterior
Multi Family
Property type
1900
Year Built
1571136
Web Id
1571136
MLS ID
Winthrop
School District
This Property is Currently Contract Pending
2.0000
Buyer Agency Compensation

About 50 Royal Street

Must see multi-family property located in-town Winthrop between Maranacook Lake and Cobbosseecontee Lake. This property is a legal three family with the town. All units need work. The first unit is a spacious 3 bedroom with ample natural light and a lovely front porch. On the first floor you will find a large living room, an office space, a full bath, sunny dining area, and kitchen (that has a new dishwasher!). On the second floor there is a primary suite with a bathroom and two additional bedrooms. The second unit is one level with two bedrooms, a large living room, kitchen (that has a new dishwasher and fridge!), and full bathroom with laundry (also new!). There is a private back deck off of the primary bedroom. Units 1 and 2 have heat pumps (AC!). The unfinished third unit is a studio located up a set of brand new stairs with a deck. The third unit needs to be completely renovated, there is a working bathroom and kitchen but needs heat, drywall, and flooring. The property features a large side yard that has potential to build another dwelling, buyers to do due diligence with the town. Plentiful space for onsite parking. The location of this property is close to all necessary amenities. 1 mile to shopping, .5 mile to Winthrop Town Beach, 1 mile to public schools. Great opportunity to build sweat equity, come check out this awesome investment property!

"Listing Courtesy of U&R Real Estate, MREIS MLS"

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Amenities

  • Vinyl Flooring
  • Wood Floors

features

cooling
Heat Pump, Propane Heating
Style
Multi-Level
Additional Listing Type
In Contract

PROPERTY INFORMATION

Basement
Interior Entry, Unfinished
Cooling
Heat Pump
Heating
Heat Pump, Forced Air
Parking Description
1 - 4 Spaces, Gravel, On Site
Sewer
Public Sewer
Style
Multi-Level
Water
Public

EXTERIOR

Construction
Wood Siding, Vinyl Siding, Wood Frame
Lot Description
Level, Open Lot, Intown, Near Public Beach, Near Shopping
Roofing
Shingle

INTERIOR

Flooring
Wood, Vinyl
Interior Features
1st Floor Bedroom

ADDITIONAL INFORMATION

Number of Units
3
Listing Courtesy of U&R Real Estate
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U&R Real Estate

Listing Courtesy of U&R Real Estate
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