5 Roderick Road, Unit B

Clinton, ME 04927

$3,000,000
Price
Beds
999 Sq. Ft.
$3,003 / Sq. Ft.
999
Sq. Ft.
$3,003
per Sq. Ft.

Description

Unlock the potential of a remarkable investment opportunity in Clinton, Maine. Presenting the Roderick Apartments Portfolio, a collection of 17 meticulously maintained properties, comprising 39 units. This substantial investment offers exceptional value, boasting a prime location and a track record of quality and care. Recent upgrades include new furnaces throughout and 14 new roofs installed over the last 5 years, ensuring minimal capital expenditure for the foreseeable future. Investors will appreciate...Unlock the potential of a remarkable investment opportunity in Clinton, Maine. Presenting the Roderick Apartments Portfolio, a collection of 17 meticulously maintained properties, comprising 39 units. This substantial investment offers exceptional value, boasting a prime location and a track record of quality and care. Recent upgrades include new furnaces throughout and 14 new roofs installed over the last 5 years, ensuring minimal capital expenditure for the foreseeable future. Investors will appreciate the stability and income potential with a total of 39 units spread across 17 individual properties, ensuring a diverse and resilient income stream. Situated in the heart of Clinton, Maine, this investment enjoys a strategic location within a growing community. Opportunities like the Roderick Apartments Portfolio are rare. Act now to secure your investment in a thriving market.
  1. Listed by Hailey Lebel • Hearth & Key Realty • 207-577-2851
  2. Listed by Joseph Micha Menard • Hearth & Key Realty

Property Details for 5 Roderick Road, Unit B

Zoning
RES-NEC

Location

Listing Courtesy of Hearth & Key Realty
Add your commute
LISTING UPDATED: 04/19/2024 01:45 PM

Property Details for 5 Roderick Road, Unit B

StatusActive
MLS #1575270
Days on Market148
Taxes$38,121 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial / Multi Family
Year Built-
Lot Size30.78 AC / 1,340,776 SF
CountyKennebec County

Location

Listing Courtesy of Hearth & Key Realty
Add your commute

Building Information for 5 Roderick Road, Unit B

Stories-Residences39Year Built-Building Size-Lot Size30.78 AC / 1,340,776 SF

Payment Calculator

$19,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$3,177

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Roderick Road, Unit B

Summary
Location and General Information
  • Zip Code: 3752
  • Directions: Address is GPS friendly. Use 497 Hinckley Rd, Clinton, ME.
  • Town: Clinton
  • State/Province: ME
  • Zip Code: 04927
  • County: Kennebec
  • Geo Latitude: 44.645288
  • Geo Longitude: -69.56104
  • Tax Lot: 33 + 36
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Rural: Yes
Parking
  • Parking Features: 21+ Spaces, On Site
Taxes and HOA Information
  • Tax Book Number: 12419
  • Tax Map Number: 2
  • Tax Year: 2023
  • Parcel Number: CLNT-000002-000000-000036
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $38,121.00
Property
Lot Information
  • Lot Size Acres: 30.78
  • Building Area Total: 999.0
  • Lot Size Area: 30.78
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1340776.8
  • Street Number: 5
  • Property Information:Surveyed: Yes
Property and Assessments
  • Documents Available: Property Disclosure Public Access
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Multi Family
Utilities
  • Sewer: Private Sewer
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
Multi Family
Income & Expenses Information
  • Gross Income: $341,384.00
  • Operating Expenses: $186,823.00
Multi-Family Information
  • Number of Units: 39

Property History for 5 Roderick Road, Unit B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5 Roderick Road, Unit B

This home is within Regional School Unit 49 Msad 49.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 1 to 6
Rating
School
Distance
Clinton Elementary School
PublicPK to 6

Lawrence Jr High School
Public7 to 8

Lawrence High School
Public9 to 12

Benton Elementary School
Public1 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5 Roderick Road, Unit B is a multi-family home for sale in Clinton, ME 04927. This property was listed for sale on August 24, 2023 by Hearth & Key Realty, it's currently listed at $3,000,000. This listing's school district is Regional School Unit 49 Msad 49. Nearby schools include Clinton Elementary School, Lawrence Jr High School and Lawrence High School. 5 Roderick Road, Unit B is a 0-bed, 0-bath, 999 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hearth & Key Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.