7 Raymond Hill Rd, Raymond, ME 04071

$500,000
2
BA
1,207
SqFt

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Listing courtesy of Kline Realty Group.

Selling Office: Dream Home Realty LLC.

Sold Price
$500,000
List Price
$499,000
Closing Date
Jan 24, 2025
MLS#
1608746
Status
CLOSED
Type
Multifamily
City
Raymond
County
Cumberland
Bathrooms
2
Living Area
1,207
Lot Size
8,712
Year Built
1900

Property Description

This unique property has a style all its own! The Grange is a historic gem that features two units and has been recently updated. The main level of the Grange features an open concept living/dining/kitchen area. The kitchen has bar seating for 4 and stainless appliances. There are two bedrooms with the primary bedroom having direct access to the full bath . There is a tub/ shower and the washer & dryer is included. Entry area/mud room and lower level storage area. Huge deck. This unit is a successful short to mid term rental averaging $2,900/month. The lower unit is fully furnished with upscale furnishings included. The kitchen has a new dishwasher and microwave, full bath with shower, washer/dryer, living /dining room and bedroom with large closet. This unit is rented annually with a great tenant in place at $1,500/mo. Lease expires in January but they would like to extend if possible. Lots of recent upgrades to the building including two 100 amp separate services, generator hookups for each unit, reclaimed driveways for each unit, water treatment system, gutters, cabinets/shelving interior paint on lower unit along with other improvements. Great owner occupied property or investment property. Large storage shed. Nice lawns and landscaping. The units do not share any common elements. Parking areas are separate as are the outdoor living spaces. Income and expenses are from January - September.

Additional Information

Living Area
1,207
Electric
Generator, Circuit Breakers
Water
Well
Basement
Interior Entry, Walkout, Daylight, Finished, Full, Sump Pump
Cooling
None
Year Built
1900
Acres
0.20
Roof
Shingle
Style
Cape Cod
Courtesy Of Listing Office
Kline Realty Group
Courtesy Of Selling Office
Dream Home Realty LLC

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