This auction is for bidding on UNIT 1
only, a one bedroom/one bathroom seasonal cottage. Additional units are available to bid on. See list of available units below or click here to view all properties
. For your convenience the property information package includes all units offered - you do not need to download an information package on each unit for which you might have interest.
Are you looking for a long-term investment or a short-term opportunity to park some funds during our current tumultuous investment landscape? Or are you new to real estate investment and looking for an affordable opportunity to cut your teeth? This is your chance.
Tranzon Auction Properties, along with the Team at Bisson Real Estate – Powered by Keller Williams, are pleased to offer you this seacoast Maine investment opportunity. There are nine seasonal rental cottages and one mixed-use (commercial/residential) unit located in the heart of mid-coast Maine just across the bridge from Wiscasset (of Red’s Eats fame) and at the gateway to Boothbay Harbor.
Seven units are recently renovated, these units offer simple, efficient layouts with low condominium association fees ($110 per month). There is plenty of opportunity for cash flow rental potential. Primarily envisioned for rentals, owner occupancy is permitted for short durations for maintenance, repairs and updating.
Purchase Opportunities: Units will be offered individually and as part of a package including units 1, 2, 3, 4, 5, 6, 12 & 13. Units 14 and 15 will only be offered individually and not as a package or part of a package.
Pre-Auction Opportunities: These units are available for purchase pre-auction, but please be advised the seller is inclined to proceed to auction. If you have interest in purchasing a unit or multiple units, please reach out for a confidential conversation.
Unit 1: 1 Bedroom/1 Bathroom Seasonal Cottage Unit
Unit 2: 1 Bedroom/1 Bathroom Seasonal Cottage Unit
Unit 3: 1 Bedroom/1 Bathroom Seasonal Cottage Unit
Unit 4: 1 Bedroom/1 Bathroom Seasonal Cottage Unit
Unit 5: 1 Bedroom /1 Bathroom Seasonal Cottage Unit
Unit 6: Studio/1 Bathroom Seasonal Cottage Unit - Needs Some Finish Work
Unit 12: Studio/1 Bathroom Seasonal Cottage Unit
Unit 13: Studio/1 Bathroom Seasonal Cottage Unit
Unit 14 (Mixed-Use Unit): Two Buildings - Need Renovation
Unit 15 (Not Connected to Septic): Residential Seasonal Cottage Unit - Needs Renovation
Michael B. Carey - ME AUC Lic. 1466 | Ruth P. L. Lind - ME RE Lic. #BA923350