Versatile Property on 15+ Acres with Development Potential

USD $450,000
31 Allen Range Road, Freeport, Maine, 04032, USA

Property Highlights

  • 15+ acres of versatile land
  • Unfinished second-floor expansion space
  • Zoned for multiple housing options
  • Road frontage flexibility with right of way
  • Allows accessory dwelling units (ADUs)
  • Suitable for investment or development

Overview

Excellent opportunity for developers and investors alike. The home has 2 bedrooms and 1 Bath but has unfinished space on the second floor for additional bedrooms. The home sits on 15+ acres that could be used for many things such as single family homes, multi family homes or business use. It is in the MDA zone which states each additional lot need only be 50,000 sq feet and only requires 100 feet of road frontage. You can also get the road frontage needed via a 50 foot wide Right of way. You could also add other dwelling units without splitting the land such as an Accessory Dwelling Unit (ADU) with only 20,000 feet needed per dwelling unit. As you can see there are many possibilities with this home/ land combination. Whether you are looking for an efficient home or an investment property, this offers the best of both worlds. FMI Contact Rod Charest @ Meservier & Associates.
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Property Features

31 Allen Range Road, Freeport, Maine, 04032, USA offers the following features:

Bedrooms: 2
Bathrooms: 1 Full
Living Area: 1194sf
Property Type: Residential
Status: Active
Reference ID: 1629132

What's Nearby

Local businesses near 31 Allen Range Road, Freeport, Maine, 04032, USA:

School: < 1 mile
Grocery/Shopping Center: 2.6 miles
Public Transportation: 2.8 miles
Gym: 3.1 miles
Police Station: 3.1 miles
Hospital: 4.4 miles

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