
Property Attributes
- MLS#1546736
- TypeSingle Family
- CountyAROOSTOOK
- CityPortage Lake
- Zip04768
- StyleCamp,Cottage,Ranch
- Year Built1950
- Taxes$ 3837
- Price$ 559,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1350
- Lot Size2.75 Acres
Data Source:
Maine Listings (MREIS)
Property Description
Unique and exciting opportunity to own a successful rental property on highly sought-after Portage Lake! This incredible property features 2.75 acres and has more than 400 FEET of gorgeous water frontage! The main house, known as 'The Cottage', features an average-sized bedroom as well as a large 'bunk-room'. Also features a full bathroom with laundry and a large living area with windows overlooking the entire property. From there, make your way around 'Almond Drive' to three more smaller cabins that have been completely remodeled with modern taste yet a maintained 'camp' feel. The three smaller cabins share a central 'Bath House' which has also been fully renovated into two full bathrooms with a laundry area and utility room. The two larger cabins are nearly identical and both feature 2 first-floor bedrooms as well as an upper-level loft. The smaller cabin has a 'bunk-room' as well as a small kitchen and living area. Also on the property is a pavilion located near the waterfront, as well as an oversized garage with a second level. The second level of the garage was sectioned off to offer further future living space, but is currently only used as storage. Additionally, another cabin has been established but not finished. The shell of this lakefront cabin is finished and ready for the next owner to finish it as they desire! Great income history with even more potential! Live in one unit and rent the others or rent all four units for even more income!
General Features
Basement | Crawl Space, Full, Unfinished |
---|---|
Construction | Wood Frame |
Cooling | Heat Pump |
Electric | Circuit Breakers |
Garage | Yes |
Gas Y/N | Bottled |
Location | Near Golf Course, Rural |
Number of Garage Spaces | 2.00 |
Parking | 5 - 10 Spaces, Paved |
Property SubType | Single Family Residence |
Property Type | A |
Roof | Metal, Shingle |
Sewer | Private Sewer |
Status | Active |
Style | Camp, Cottage, Ranch |
Tax Year | 2021 |
View | Scenic |
Water | Private |
Water Heater | Electric |
Zoning | Limited Residential |
Interior Features
Floors | Laminate, Vinyl |
---|---|
Heating Fuel | Electric, Oil, Propane |
Heating System | Baseboard, Direct Vent Heater, Heat Pump, Stove |
Rooms | 5 |
Sqft Finished Above Grade | 1350.00 |
Sqft Finished Below Grade | 0.00 |
Exterior Features
Driveway | Gravel, Paved |
---|---|
Exterior | Fiber Cement, Shingle Siding, Vinyl Siding, Wood Siding |
Foundation Materials | Other, Pillar/Post/Pier, Poured Concrete |
Lot | 3 |
Roads | Paved, Public |
Water Body Type | Lake |
Water Info: Water Body Name | Portage Lake |
Water Info: Water Frontage | Yes |
Water Info: Water View | Yes |
Waterfront Owned | 417.00 |
Waterfront Shared | 0.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 04768
Statistics provided by Inside Real Estate