Shawn Priestman
Sales Representative
874 Sparrow Road, Gorham-College Manor
Price
$1,049,900
Bedrooms
4 Beds
Bathrooms
2 Baths
Size
1500-2000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5466
Description
Attention Investors & Savvy Homebuyers! Incredible turnkey income property showcasing approx. 2,800 sq ft of total finished living space. This exceptionally well-maintained home features an ideal layout with excellent, stable tenants already in place generating gross rental income of $4,500/month (Upstairs: $2,600, Lower: $1,900). The bright and spacious principal residence features an updated kitchen (2016), neutral decor, and vinyl windows. The lower level boasts a fantastic basement apartment with a separate kitchen (2016). Enjoy peace of mind with extensive big-ticket upgrades: Brand New Deck, A/C (2022), Furnace (2019), and Shingles replaced 8 years ago. A rare, high-yield asset in a prime location. Nothing to do but collect rent!
Property Dimensions
5
11
201 sq ft
18 sq ft
Room Features
Laminate
Room Features
laminate, large window, combined w/living
Room Features
ceramic floor, backsplash, overlooks family
Room Features
Laminate
Room Features
Linoleum
Room Features
laminate, closet
Room Features
laminate, closet
Room Features
laminate, closet
Room Features
laminate, closet
Room Features
hardwood floor, fireplace, w/o to deck
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Total Monthly Payment
$4,228 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$839,920
Total Interest Payments
$517,862
Total Payment (Principal + Interest)
$1,357,782
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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Meet Shawn
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.