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$499,900

For Sale

19 days ago

1 Martel Ln, Bridgton, ME

House

MLS® 1671038

3 Bed

2 Bath

1560 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1560 sqft
Garage 
Taxes $1,599
Days Active 19
Lot Size 3.18 Acres
Approx. Age 2022
Avg. Price Per Sqft $320
MLS® Number 1671038

Property Address: 1 Martel Ln, Bridgton, ME, 04009-4558

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT OPPORTUNITY OR MORTGAGE PAID FOR - 4 trailers. Owner occupies newest, other three have tenants! Exceptional opportunity to own an income-producing property just minutes from downtown Bridgton. The property features a spacious owner-occupied double-wide home along with three additional tenant-occupied manufactured homes, offering immediate rental income and long-term investment potential. The main home is designed for comfortable living with an open floor plan centered around a chef's kitchen featuring a large center island, abundant cabinetry, and a generous walk-in pantry. Primary has en-suite and large walk in closet. An expansive mudroom/drop zone with an oversized laundry area provides exceptional everyday convenience, while the wood stove adds warmth and charm. Step outside to a large rear deck overlooking a beautifully maintained backyard oasis--an ideal setting for relaxing or entertaining. The three rental homes provide established income, with long-term tenants reflecting the desirability of the property. One tenant has resided there for 28 years, another for 7 years, and the newest for nearly a year. Adding to the property's appeal, one of the manufactured homes is situated across the road on a well-maintained parcel that may offer future subdivision potential. Buyers are encouraged to verify subdivision possibilities and permitted uses with the Town of Bridgton. Preliminary discussions with the town's Code Enforcement Office indicate it may be feasible, but buyers should perform their own due diligence. Whether you're looking to offset your mortgage, build wealth through rental income, or expand your investment portfolio, this versatile property offers a rare opportunity close to downtown Bridgton, lakes, skiing, shopping, and local dining.
MLS® Number1671038
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2022
BasementNot Applicable, None
Driveway
Garage Spaces
HeatPropane, Wood Stove
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 9, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
1 Martel Ln, Bridgton, ME

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