1 Martel Lane Lane,Bridgton, ME 04009
Bridgton, ME 04009
Description
INVESTMENT OPPORTUNITY OR MORTGAGE PAID FOR - 4 trailers. Owner occupies newest, other three have tenants! Exceptional opportunity to own an income-producing property just minutes from downtown Bridgton. The property features a spacious owner-occupied double-wide home along with three additional tenant-occupied manufactured homes, offering immediate rental income and long-term investment potential. The main home is designed for comfortable living with an open floor plan centered around a chef's kitchen featuring a large center island, abundant cabinetry, and a generous walk-in pantry. Primary has en-suite and large walk in closet. An expansive mudroom/drop zone with an oversized laundry area provides exceptional everyday convenience, while the wood stove adds warmth and charm. Step outside to a large rear deck overlooking a beautifully maintained backyard oasis--an ideal setting for relaxing or entertaining. The three rental homes provide established income, with long-term tenants reflecting the desirability of the property. One tenant has resided there for 28 years, another for 7 years, and the newest for nearly a year. Adding to the property's appeal, one of the manufactured homes is situated across the road on a well-maintained parcel that may offer future subdivision potential. Buyers are encouraged to verify subdivision possibilities and permitted uses with the Town of Bridgton. Preliminary discussions with the town's Code Enforcement Office indicate it may be feasible, but buyers should perform their own due diligence. Whether you're looking to offset your mortgage, build wealth through rental income, or expand your investment portfolio, this versatile property offers a rare opportunity close to downtown Bridgton, lakes, skiing, shopping, and local dining.
Details
| MLS # | 1671038 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 79 |
| Listing Provided By | Portside Real Estate Group | Brittany Copp |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 1,560 |
| Zoning | MBL |
| Acreage | 3.18 |
| Property View | Trees, Woods |
Interior
| Interior Features | 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Walk-In Closet(s), Primary Bedroom w/Bath |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Laundry Features | Main Level |
| Furnished | Unfurnished |
| Rooms Total | 17 |
| Amenities Co Amenities | 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Animal Containment System, Bathtub, Main Level, Shower, Walk-in Closets, Primary Bedroom w/Bath |
Exterior
| Exterior Features | Animal Containment System |
|---|---|
| Roof | Shingle |
| Lot Features | Near Public Beach, Near Shopping, Near Town, Ski Resort, Level, Open Lot, Wooded |
| Waterfront Features | Nearby, Public |
| View | Trees/Woods |
| Construction Materials | Mobile, Vinyl Siding |
| Patio And Porch Features | Deck |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Gravel, 1 - 4 Spaces |
Utilities
| Sewer | Septic Tank |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 1599.26 |
|---|---|
| Tax Book Number | 42312 |
| Tax Year | 2025 |
| Tax Lot | 051 |
| Tax Map Number | 021 |
Area Information
| State | ME |
|---|---|
| County | Cumberland |
| City | Bridgton |
| Zip Code | 04009 |
| Area | Cumberland |
| School District | RSU 61/MSAD 61 |
| Listing VS Median (in 04009) | |
Price: $450,000 low | high Med: $470,000 sqft: 1,560 low | high Med: 2,213 $ / sqft: $288 low | high Med: $256 On site: 79 low | high Med: 102.5 | |
Market Activity 04009
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Learn More About This Property
| State | ME |
|---|---|
| County | Cumberland |
| City | Bridgton |
| Zip Code | 04009 |
| Area | Cumberland |
| School District | RSU 61/MSAD 61 |
| Listing VS Median (in 04009) | |
Price: $450,000 low | high Med: $470,000 sqft: 1,560 low | high Med: 2,213 $ / sqft: $288 low | high Med: $256 On site: 79 low | high Med: 102.5 | |