5267 Bennoch Road,Lagrange, ME 04453
Lagrange, ME 04453
Description
This established mobile home park presents an excellent opportunity for investors seeking immediate income with significant upside potential. Set on approximately 50 acres, the park is currently improved with 8 home sites and is licensed for up to 20 units, leaving substantial room for future expansion. Infrastructure is already in place with two wells and four septic systems, each serving two units. The property includes seven park-owned mobile homes and one tenant-owned home that provides consistent lot rent income. An additional prepared lot is ready for another home, allowing for immediate expansion. Four of the park-owned homes are currently rented, while two are vacant, creating flexibility for an owner-occupant, additional rental income, or renovations before leasing. Many of the homes have been updated with improvements that enhance their appeal and reduce near-term maintenance needs. Whether you're looking to expand an existing investment portfolio or enter the mobile home park sector with a property that combines current cash flow and long-term growth potential, this park provides a rare opportunity. With expansion capacity, existing infrastructure, and acreage to support future development, the possibilities for increasing value and income are significant.
Details
| MLS # | 1657168 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 197 |
| Listing Provided By | Realty of Maine | Dorothea Perkins |
Features
| SQ Feet | 999 |
|---|---|
| Zoning | 0 |
| Acreage | 50.00 |
Exterior
| Roof | Metal |
|---|---|
| Foundation Details | Gravel/Pad |
| Lot Features | Rural |
| Construction Materials | Mobile |
Parking
| Parking Features | 21+ Spaces, On Site |
|---|
Utilities
| Sewer | Private Sewer, Septic Tank, Shared Septic |
|---|---|
| Electric | On Site, Circuit Breakers |
Taxes
| Tax Book Number | 10119 |
|---|---|
| Tax Lot | 41-1 |
| Tax Map Number | 1 |
Area Information
| State | ME |
|---|---|
| County | Penobscot |
| City | Lagrange |
| Zip Code | 04453 |
| Area | Penobscot |
| Listing VS Median (in 04453) | |
Price: $399,000 low | high Med: $257,450 sqft: 999 low | high Med: 1,843 $ / sqft: $399 low | high Med: $179 On site: 197 low | high Med: 262 | |
Market Activity 04453
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Learn More About This Property
| State | ME |
|---|---|
| County | Penobscot |
| City | Lagrange |
| Zip Code | 04453 |
| Area | Penobscot |
| Listing VS Median (in 04453) | |
Price: $399,000 low | high Med: $257,450 sqft: 999 low | high Med: 1,843 $ / sqft: $399 low | high Med: $179 On site: 197 low | high Med: 262 | |