FSBO

Circa 1900 New Englander Gem

40 Lucy Knowles Rd, Chesterville, ME 4938

$500,000 After Repair Value -
$175,000 Asking Price -
$70,000 Cost of Repairs =
$255,000 Potential Profit

Property Details

Asking Price $175,000

After Repair Value $500,000

Costs of Repairs $70,000

Potential Profit $255,000

Living Area 2000 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 3

Half Bathrooms N/A

Parking 2

Listed with Agent 0

Property Description

Circa 1900 New England Style Farmhouse FIXER UPPER (1,936+/-SF) that was completed gutted in 1993 and has been designed with 11-rooms including 3 bedrooms, 2 full baths, large kitchen/dining area, double parlor/living room with wood stove and picture window, covered entry porch, rear 22\'x28\' brick patio, a beautiful and large private backyard, attached 28\'x38\' barn designed with a 2-car garage, and a library/workshop on the first level. The second level has a 1-bedroom full bath 900 sq ft income producing in-law apartment with separate entrance and electricity. A beautiful large open kitchen/living/dining area with exposed beams and pine floors. Property is .65+/- acre parcel with 132+/- ft. of road frontage that enjoy field views bordering the Sandy River and is just 5 miles from downtown Farmington.Necessary updates include : roof, high efficiency gas heating for in place HWBB system, foundational drainage/rot replacement, and updated kitchen. Updated market value is high and home is priced accordingly with updates in mind.Great family home or investment.Ref. Tax Map R11, Lot 19.

Repairs Needed

Roof, high efficiency gas for in place HWBB system, drainage/foundation, rot replacement and updated kitchen in main house.

CONTACT LISTING OWNER

Jessica Danforth

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