987 Main St, Vassalboro, ME 04989
Discover the perfect combination of investment potential, owner-occupancy flexibility, and rural Maine charm at 987 Main Street in Vassalboro. With both units currently vacant, this updated duplex presents a rare opportunity to establish market rents immediately, occupy one unit while generating income from the other, or accommodate multigenerational living.
This well-maintained brick duplex offers durability, flexibility, and attractive updates throughout.
Designed with long-term ownership in mind, the property benefits from separately metered heating systems, allowing tenants to pay their own heating costs. Combined with recent capital improvements and vacant units ready for occupancy, this duplex offers a strong opportunity for immediate cash flow and future appreciation.
The property is currently fully vacant, offering the flexibility to set your own rents, select your tenants, or occupy one unit while generating income from the other.
Projected Gross Rental Income: $32,400 annually
Annual Operating Expenses: $7,885
Net Operating Income (NOI): $24,515
With both units vacant and tenants responsible for all electric utilities, including heat, the property offers a simple, low-maintenance investment opportunity with strong income potential. Whether you're looking to expand your portfolio or live in one unit while renting the other, this duplex provides flexibility from day one.
Whether you're seeking your next investment property, a place to help offset your mortgage through rental income, or a property that offers flexibility for a variety of living arrangements, 987 Main Street delivers a compelling combination of updates, convenience, and opportunity.
4
beds
2
baths
2,100 Sq.Ft. LIVING AREA
0.4 Acres lot
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