Description

52 Chapel Street is a vintage, completely renovated 3 family apartment house in the heart of Maine's Capital and Historical Districts. A wonderful neighborhood, very convenient inner city location, and three leased tenants combine to offer a nice commercial investment or an owner-occupied home. The rented units consist of a (3) bedroom, a (2) bedroom and a furnished efficiency (1 bedroom). The property features a storage building, off-street parking, City trash pick up and an inside coin-op laundry that helps to pay the bills. Additionally, two lovely, new front and back porches along with a new heat and hot water system, wiring, separate service meters (includes one house meter) and breaker panels and new plumbing fixtures through out all add up nicely to the suite of upgrades. This is a classic rags-to-riches comeback building. Owner is planning his retirement soon.