942 Lakeview
China, ME 04358
- – beds
- – baths
- 4,581 sqft
- ~3 acre lot
- $124 per sqft
- 1900 build
- – on site
A truly rare find! Potential for rental income to offset mortgage costs and build equity! Inquire today! This investment or potential owner occupied 4-unit property sits on 3 scenic acres with clear views of China Lake. Offering plenty of off-road parking, this investment includes two spacious 3-bedroom units, one 2-bedroom unit, and one 1-bedroom unit—all with tenants currently in leases expiring between May and September. With tenants responsible for their own electricity and heat, this property provides a strong investment opportunity with steady rental income. Whether you're expanding your portfolio or looking for a lakeview property with excellent rental potential, this one is not to be missed! Schedule a showing today to explore this unique multi-unit property!
Last checked:
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Last updated Apr 9, 2025
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MLS# 5035539 —
The Building
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Year Built:1900
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame
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Architectural Style:Apartment Building, Colonial
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Roof:Metal, Shingle
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Foundation:Block, Brick, Granite
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Total Stories:2
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Total Units:4
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Approx SqFt Total:4581
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Approx SqFt Total Finished:4,581 Sqft
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Approx SqFt Finished Above Grade:4,581 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Public
Interior
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Flooring:Laminate, Vinyl, Wood
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Basement:Yes
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Basement Description:Full
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Basement Access Type:Interior
Location
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Directions:Take 95 towards Augusta to exit 113 to Route ME-3E, slight right for 18 miles to Lakeview Drive , look for sign
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Map:53
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Latitude:44.450689000000999
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Longitude:-69.520928999999995
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot:001
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Lot Features:View, Water View
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Lot SqFt:130,680 Sqft
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Lot Acres:3 Sqft
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Zoning:Rural
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Exterior Features:Porch - Enclosed
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Driveway:Gravel
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Road Frontage:Yes
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Road Frontage Length:291 Sqft
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Waterview:Yes
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Water Body Name:China Lake
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Water Body Type:Lake
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$3,243
Beds
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Bedrooms - Level 4:4
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Total 2 Bedroom Units:1
Baths
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Total Full Baths:5
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Three Quarter Baths:4
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Half Baths Size:20 Sqft
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:124.21
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Baseboard, Direct Vent, Forced Air
Utilities
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Utilities:Gas - On-Site
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Sewer:Private
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Electric:Circuit Breaker(s)
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Water Source:Private
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Total Electric Meters:4
Appliances
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Appliances:Water Heater – Electric
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Total Refrigerators:4
The Community
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Covenants:Unknown
Extra Units
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Unit 1 Rooms:7
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Unit 1 Bedrooms:3
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Unit 2 Bedrooms:2
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Total 3+ BR Units:2
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Unit 3 Rooms:5
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Unit 3 Bedrooms:3
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Unit 3 Baths:2
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Unit 4 Bedrooms:1
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Unit 4 Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/9/25
Apr 9, 2025
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Listed / Active | PRIME_MLS | $569,000 |