9 St. Ann Street is amulti-family property for lease in Lisbon, ME.
A 4 unit Mobile Home Park with one vacant pad. There are 3 owned homes that are being rented. Perfect small park for a starter investor. Public water and Sewer. Tenants pay their own heat and electricity. Total Income is $20,940.00, and Total Expenses are $7,388.15, and supports a Cap Rate of 11%. There are 2 of the units that should have a rent increase, and if someone added a home to the vacant pad you could increase your income by $10,000.00 per year. Great Investment!
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- Chris Norwood, agent and Rofo Pro