Multifamily Housing
60 South Factory Street Skowhegan, ME 04976
Details & Description
Price: $295,000
    Incredible opportunity to own a well established investment property with three apartments and a commercial space in a remarkable location. Located just minutes from shopping, downtown shops, municipal buildings, and the local hospital, the building is in a quiet neighborhood with a playground and ballfield just down the street. The three apartments are highly desirable to tenants, extremely well maintained and beautifully renovated, with a wait list with people wishing to occupy if a vacancy occurs. The commercial space is intentionally being left vacant for now in case the new owner may want to occupy with their own business office. However, the potential to convert the commercial space into another one or two bedroom apartment also exists. The possibilities are endless with this amazing opportunity!
    Additional Photos
    Listing Agents
    Kevin Fletcher
    KW Commercial
    O: 207-879-9800
    M: 207-754-9311
    kevin@maineccim.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    60 South Factory Street

    Skowhegan, ME 04976

    Listing ID: 269361
    • 60 South Factory Street Skowhegan, ME 04976 | for Sale | Photo 1
    • 60 South Factory Street Skowhegan, ME 04976 | for Sale | Photo 2
    • 60 South Factory Street Skowhegan, ME 04976 | for Sale | Photo 3
    • 60 South Factory Street Skowhegan, ME 04976 | for Sale | Photo 4
    • 60 South Factory Street Skowhegan, ME 04976 | for Sale | Photo 5
    60 South Factory Street | for Sale | Thumbnail 1
    60 South Factory Street | for Sale | Thumbnail 2
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    Building Size: 3,670 SF
    Lot Size: 0.110 AC
    Land Size: 4,791 SF
    Building $/SF: $80.38
    Land $/SF: $61.57
    Price
    $295,000
    Description

    Incredible opportunity to own a well established investment property with three apartments and a commercial space in a remarkable location. Located just minutes from shopping, downtown shops, municipal buildings, and the local hospital, the building is in a quiet neighborhood with a playground and ballfield just down the street. The three apartments are highly desirable to tenants, extremely well maintained and beautifully renovated, with a wait list with people wishing to occupy if a vacancy occurs. The commercial space is intentionally being left vacant for now in case the new owner may want to occupy with their own business office. However, the potential to convert the commercial space into another one or two bedroom apartment also exists. The possibilities are endless with this amazing opportunity!

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Skowhegan Area Market Trends

    Listing Demographics for 60 South Factory Street Skowhegan, ME 04976

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,0095,2519,168
    Population Median Age434543
    Population by Age0-9 Yrs127 (12%)700 (13%)1252 (13%)
    10-19 Yrs88 (8%)418 (7%)712 (7%)
    20-29 Yrs106 (10%)554 (10%)971 (10%)
    30-39 Yrs131 (12%)503 (9%)1053 (11%)
    40-49 Yrs87 (8%)550 (10%)1045 (11%)
    50-59 Yrs165 (16%)809 (15%)1377 (15%)
    60-69 Yrs179 (17%)659 (12%)1243 (13%)
    70+ Yrs127 (12%)1057 (20%)1513 (16%)
    Median HH Income$42,211$42,285$45,400
    Total Household Income< 24K178 (39%)743 (31%)1179 (29%)
    25-49K67 (14%)566 (24%)954 (24%)
    50-74K119 (26%)526 (22%)890 (22%)
    75-99K48 (10%)254 (10%)472 (11%)
    100-199K39 (8%)219 (9%)420 (10%)
    200K+2 (0%)17 (0%)59 (1%)
    Highest Education LevelNo Diploma106693967
    Diploma or GED31013122436
    Some College1587871301
    Assoc. Degree41409834
    Bachelors Degree97490859
    Higher Degree23139305
    Total Housing Units5392,7244,658
    --Owner-Occupied2951,5022,752
    --Renter-Occupied1588221,221
    Owner-Occupied Values< 100K1176381071
    100-199K1446111132
    200-299K14114279
    300-399K19130240
    400-499K013
    500K+11027
    Total Working Age Population8174,2897,469
    In Work Force3862,2794,260
    Not In Work Force4312,0103,209
    Workforce Employed3402,1414,020
    Workforce Unemployed46138240
    Civlian Workforce3862,2794,260
    Military Workforce000
    Total Households4532,3243,973
    Family Households2531,4462,533
    Non-Family Households2018791,440
    Married Couple1859641,713
    Other Family68482820
    Married w/Child41279498
    Single Male w/Child1287125
    Single Female w/Child36166291

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Maine1,274,923+41,328,361+11,335,26001,341,046
    Kennebec County117,114+4122,151-1120,469-1119,468
    Somerset County50,888+352,228-649,192-546,742

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 60 South Factory Street in Skowhegan?
    The asking price for 60 South Factory Street is $295,000
    What is the building size of this Multifamily property in Skowhegan, ME?
    The size of the building/unit at 60 South Factory Street in Skowhegan is 3,670 square feet
    How much land does the Skowhegan, ME property at 60 South Factory Street include?
    60 South Factory Street in Skowhegan includes 0.110 acres of land
    What is the population within 1 mile of 60 South Factory Street in Skowhegan?
    The population within 1 mile of 60 South Factory Street Skowhegan, ME 04976 is 1,009 people.
    Who do I contact for questions about 60 South Factory Street?
    You should contact the listing agent, Kevin Fletcher, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Bangor International Airport (BGR) 43
    Portland International Jetport (PWM) 82
    Manchester-Boston Regional Airport (MHT) 153