Address
4 Almond Drive, Portage Lake, ME
Price
$ 559,900
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

Price
AVG $220K
$560K
Taxes
AVG $1,651
$3,837
Visits
AVG 716
3625
Year Built
AVG 1959
1950