35 Pelletier Avenue, Frenchville, ME 04745 (MLS # 1687331)

PRICE $99,900 BEDS 4 BATHS 2 HOME SIZE 2,220 sqft LOT SIZE 40,076 sqft Request More Info Schedule a Showing

Great opportunity to own a two-unit apartment building in Frenchville! Originally built in 1990, this property offers excellent potential for investors or owner-occupants looking to build equity and generate rental income. The first-floor unit features 3 bedrooms and 1 bathroom, while the second-floor unit offers 2 bedrooms and 1 bathroom, providing flexibility for a variety of living and rental arrangements. Currently being used as a single-family residence, the property will be delivered vacant at closing, allowing the next owner to explore its full two-unit potential. Live in one unit while renting the other, or utilize the entire property as an income-producing investment. The property is priced below its recently completed appraised value, presenting an opportunity for buyers willing to put in some work and bring their vision to life. Several projects have already been started, offering a head start for someone ready to take on improvements and add value. Enjoy a convenient location just minutes from downtown Madawaska and neighboring Edmundston, New Brunswick. Outdoor enthusiasts will appreciate the close proximity to snowmobile and ATV trails, making it easy to enjoy all that the St. John Valley has to offer. Whether you're looking to expand your investment portfolio, establish rental income, or purchase an owner-occupied property with room to grow, this is an opportunity worth exploring. Bring your ideas, build equity, and unlock the potential this property has to offer!