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442 W Broadway , Lincoln, ME 04457

$529,000
  • 442 W Broadway , Lincoln, ME 04457 Main Photo

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New to the Market Active
BEDS2 BATHS3 full 1 partial SQUARE FEET4,596 MLS#1657473
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLRSU 67

Property Description

Exceptional investment opportunity with strong income potential and multiple use options. Sitting on 5.81 acres in Lincoln, Maine, this versatile property is currently configured with a thriving first-floor commercial space, and two residential units above, offering the possibility to offset expenses or generate consistent rental income. The main level is presently operated as a chiropractic office featuring multiple treatment rooms, private office, and both a full and a half bath. This space could continue as a professional setting or could be easily converted into an additional residential unit. Upstairs, you will find two updated apartments, each offering one bedroom, an open concept kitchen and living area, a full bath with laundry as well as a an attached storage room. Both units enjoy abundant natural light with an inviting atmosphere. The property also includes four storage units ready to generate additional income, along with an attached garage space ideal for vehicle, boat, or equipment storage. Behind the building is a gravel pad where a mobile home was once placed providing excellent opportunity for another mobile home or future expansion. Set on a spacious, wooded lot, the rear of the property features an old road that could be opened back up for further development or additional building lots. A large parking area provides ample space for commercial or residential use. Conveniently located near local shopping, schools and dining, this property gives you the flexibility, income potential, and room to grow making it an ideal choice for investors or owner-occupants looking to build equity while generating revenue.

442 W Broadway | MLS# 1657473

This single family home located at 442 W Broadway , Lincoln, ME 04457 is currently listed for sale with an asking price of $529,000. This property was built in 1970 and has 2 bedrooms and 3 full and 1 partial baths with 4596 sq. ft. W Broadway is located within the RSU 67 school district. Search Lincoln real estate on www.vacationlandrealtymaine.com today.

Property Features

Property Type: Residential - Single Family
Basement: Not Applicable
Cooling: Heat Pump
Garage: 1 car attached
Heating: Heat Pump
Home Style: Colonial
Lot Size: 5.81 Acres
Roof Type: Metal
Taxes: $4,769
Year Built: 1970

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Vinyl, Linoleum
Sewer: Private Sewer
SQ FT Above Grade: 4596
SQ FT Below Grade: 0
Total Rooms: 12
Water: Public
Wooded: Yes

Local Schools

School District: RSU 67

Listed By / Shown By

Listed By

Agency Name: NextHome Experience
Agency Phone: 207-573-7400

Shown By

Agency Title: Jean Jenkins - Vacationland Realty
Agency Phone: (207) 745-4522

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Estimated Payment

$ 1,729.03 per month $1,177.32 Principal & Interest $397.42 Property Tax $154.29 Homeowner's Insurance

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