31 Allen Range RoadFreeport, ME 04032Sale Price: $380,000

Excellent opportunity for developers and investors alike. The home has 2 bedrooms and 1 Bath but has unfinished space on the second floor for additional bedrooms. The home sits on 15+ acres that could be used for many things such as single family homes, multi family homes or business use. It is in the MDA zone which states each additional lot need only be 50,000 sq feet and only requires 100 feet of road frontage. You can also get the road frontage needed via a 50 foot wide Right of way. You could also add other dwelling units without splitting the land such as an Accessory Dwelling Unit (ADU) with only 20,000 feet needed per dwelling unit. As you can see there are many possibilities with this home/ land combination. Whether you are looking for an efficient home or an investment property, this offers the best of both worlds.