196 Main St, Winthrop, ME 04364

Profitable 3 unit & very fine Colonial w/ walking distance to Winthrop's downtown & public beach. Built in 1853, this 4300sq' building has 11 RMS, 3.5 BAS; a 4RM + Vestibule & BA office space in the main building, (2) 1 BR apartments on each floor of the ell & a Studio w/BA in the Carriage house. Much of its original antique detail is still in evidence; wood floors, deep baseboards, raised panel doors, iron hardware & fireplaces &/or mantles. Meticulously maintained, it has siding on the main building, ell & front of the Carriage house, the back is well painted to match. Much work was done in the 90's including extensive electrical, structural & cosmetic work. In more recent years it has had a newer architectural shingle roof (2006) w/raised seam metal on the back Mud Room, sump pump connected to town sewer system (2013), granite steps at front door (2012) & driveway sealed (2012). This house has replacement windows, a highly efficient (2011) Buderus boiler & Intellicon "Heat Manager" that regulates maximum efficiency of the burner. The office suite has big rooms that branch off the Vestibule & charming center stairway; 2 RMS down & 2 RMS up + full BA. The apartments have a separate entry off a side porch w/ interior hallway, & the 1st floor has fireplaces in Living Room & Kitchen, pine cabinets, breakfast bar & dishwasher, full BA, huge BR w/ picture window & Mud Room & rear deck. Upstairs; apartment #2 is smaller though no less charming. It has exposed beams, kitchen w/ pine cabinets & fireplace, 2 closets in the BR & a big BA w/ stacked W/D. The 2 story Carriage House has a studio on the 1st floor + walk-up storage. The 1st floor studio heats off the Buderus boiler & has electric back up, as do the Vestibule and Hallway. The 1 bay garage door is still functional & would easily convert to garage space for an owner occupant. It has a field stone basement in good condition w/French drain, sump pump & W/D dedicated to 1st floor apartment use. This building generates $2750/month: offices $1300, 1st floor apt $800 & upstairs $650; $33K annually. A well landscaped .37 acre lot w/ brick & granite walkways, fully fenced yard, good parking space, & new driveway. This building is immaculate & very well maintained. While it offers a wonderful investment opportunity, the excellent condition & delightful living space make this a perfect owner occupied opportunity as well.