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    FOR SALE
    Quadplexes

    14 Lakeshore Dr Belgrade, ME 04917

    4,500 SF Built 1973
    Property ID
    US42-Q001330
    14 Lakeshore Dr, Belgrade, ME 04917 For Sale 1 / 55
    $789,000 4,500 SF
    14 Lakeshore Dr, Belgrade, ME 04917
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    Welcome to 14 Lakeshore Drive & 1184 West Road! Looking for a property with history and waterfrontage on Long Pond and right in the heart of Belgrade Lakes Village? Look no further! This unique home is on the original site of the Belgrade Hotel which was lost in 1956 and later was the current owners family's successful Village Peddler Gift Shop for 40 years. (Owners family built this home in 1973.) Currently the house has 3 separate living spaces (3 apartments) which are all rented- plus the store front commercial space which sellers keep vacant. Also on the property is an older but well kept mobile home that is rented out. Home has good rental income, see APOD. All this plus a short walk to your beautiful SHARED FRONTAGE ON LONG POND to enjoy! So many possibilities here. Buy as a 4 unit investment and have the lake access, live in one space yourself and have income or start your own business venture in the old gift shop area. Lovely large private lot to enjoy too! Don't Miss! Square footage noted on spec sheet is approx. only. Water frontage noted is from book 20, page 73 (Tobey's Plan.)

    Property profile
    Verified
    Property type Quadplexes
    Year built 1973
    Total area 4,500 SF
    UPID US42-Q001330
    Cap rate & NOI
    Priority signal for investors
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    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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