209 E Spencer Avenue $457,000

What a great opportunity! This unique property offers a main building with 19 bedrooms, 8 baths, commercial kitchen, dining rooms, living rooms. There are 3 additional separate outside showers in back. There is a bonus 2 bedroom 1 bath cottage completely separate from the main building with it's own electric meter. New owner could run a bed and breakfast with the opportunity to live in own home while still being on site. Currently this grand 1920's property is being used as summer rooming house for international students working the season in town. This situation is generating 30K in income in just a few months. New roof in 2013. Electric at property recently updated. Some new windows. Hot water heater for main building replaced 2010. Current owners have loved this adventure but are ready to turn it over to the next owner.

This listing is provided courtesy of LONG & FOSTER REAL ESTATE, INC - OC