Performance Real Estate Group
REALTORS®
BATHS3 full
SQUARE FEET1,500
MLS#1664049
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMSAD 46
Property Description
Rare income-producing multi-unit property on 9± acres in Exeter, generating approximately $25,000 in annual rental income. Originally built in 1865, with extensive renovations completed in 1985, this historic property includes a 3-bedroom, 1-bath main home along with two separate studio apartment units, each with a full bathroom. The layout offers flexibility for owner occupancy, rental income, guest space, extended family use, or continued investment use.The property features a new 22' x 28' garage, a 50' x 60' five-stall horse barn with attached shed, pasture area, pond, and open outdoor space for animals, gardening, recreation, or homestead use. A 14,000-watt solar system adds energy efficiency and helps offset utility costs.With rental income already in place, multiple living spaces, 9± acres, barn space, pasture, pond, garage, and solar, this is a hard-to-find opportunity for buyers seeking a flexible rural Maine property with practical use, historic character, and income potential
Property Features
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Slab
Cooling: Window Unit(s)
Garage: 2
Heating: Pellets, Propane, Solar, Wood, Direct Vent Heater, Pell
Home Style: Farmhouse
Lot Size: 9.00 Acres
Roof Type: Metal, Shingle
Taxes: $2,200
Year Built: 1865
Feature Descriptions
Amenities: 1st Floor Bedroom, Main Level, Above Ground, Shower, Storage
Electric: Circuit Breakers, Generator Hookup, Other Electric
Exterior: Wood Frame, Wood Siding
Flooring: Tile, Wood, Hardwood
Foundation: Poured Concrete
Lot: Rural, Agricultural, Farm, Open Lot, Pasture
Parking: Gravel,5 - 10 Spaces, Detached
Sewer: Private Sewer, Septic Tank
Special View Info: Fields, Scenic, Trees/Woods
SQ FT Above Grade: 1500
SQ FT Below Grade: 0
Swimming Pool: Yes
Water: Private, Well
Local Schools
School District: MSAD 46
Listed By / Shown By
Listed By
Agency Name: RE/MAX Infinity
Agent Name: Kael McCarthy
Agency Phone: 207-695-2945
Shown By
Agent Name: Performance Real Estate Group
Agent Phone: (603) 494-5348
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 988.60 per month $711.96 Principal & Interest $183.33 Property Tax $93.30 Homeowner's Insurance
1118 Exeter Road | MLS# 1664049
This multi-family property located at 1118 Exeter Road, Exeter, ME 04435 is currently listed for sale with an asking price of $319,900. Exeter Road is located within the MSAD 46 school district. Search Exeter real estate on performancerealestategroup.masiellogrouprealestate.com today.