308 King Street, Oxford, ME 04270 (MLS # 1572518)

Recently renovated 1908 2-unit Victorian with a turret, plus an attached barn. Conveniently located in the center of town and close to the public lake beach. First floor rented for $1400, including all utilities. 2nd/3rd floor unit is vacant and rental potential is $1600. Enjoy the wrap-around screened porch, and easy maintenance Trex decking on a well landscaped 2.45 acres. This property is a sound investment and when fully rented, the capitalization rate is 7.8%. The first floor is 1,508 SF with 1BR/1BA, living room, kitchen, laundry room, hardwood floors and tile, with FHA oil heat. There is also a Bay window in the living room and dining room. The second and third floor unit has 4BR/1.5BA, laundry, an open concept living room, dining room, Quadra-Fire pellet stove, hardwood floors, tile in the kitchen and bathroom, ceiling fan, and central vacuum. It also has a small deck off of the back. There are 2 heat pumps, one on each floor. Utilities are separate. 200 Amp service for the 2nd/3rd floor and 100 Amp service for the first floor. The barn has a total of 1,968 Square Feet, including an exercise room. There is also a crawl space, and a 100-amp service panel in the barn. The basement has two dedicated electric panels, two hot water heaters, granite foundation, and granite Lally columns. For a video walk-thru go to YouTube and enter the property address.