Duplex in Belfast Maine - complete rehab

[Dan Aho]

Investment Info:

Small multi-family (2-4 units) note investment investment.

Purchase price: $100,000
Cash invested: $24,000

Please be advised of an investment opportunity for a 2 unit property. (2-bedroom and 3-bedroom) located within minutes of downtown Belfast. The property's interior is in need of a complete rehabilitation, while the roof was replaced in 2010 and the windows have been updated. A building inspection completed in May 2024 is available upon request. Recent improvements include structural stabilization with joists and jacking, pest removal, grounds maintenance, and floor cleaning. Light demolition has been conducted to determine historical status, and the building may be eligible for historical credits. Due to these improvements, the property is currently insurable.