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Feature Home - 811 Penobscot St., Rumford

$250,000

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Address: 811 Penobscot St.	City/ST: Rumford, ME	Zip Code: 04276
Location: 811 Penobscot St., Rumford	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2096	Bedrooms: 4	Bathrooms: 1 full, 1 3/4 baths
MLS# 925716	Property Tax: 2572

MOTIVATED SELLER! This meticulously and lovingly maintained 9 room Colonial is located at the end of a dead end street just walking distance to the hospital. Offering lovely living space in the living room, sunroom with skylight, and family room, in addition to 4 bedrooms, including one on the first floor, 2 beautiful bathrooms, a large open kitchen complete with stainless steel appliances, lovely floor plan, hardwood & tile flooring throughout, cemplank exterior siding, private backyard, 2-car attached garage with storage above, plus expandable space in the basement. There is not a thing to do or update in this lovely home!

Last Updated: 10/26/2009 1:46:37 PM

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Investment Real Estate >Planning for Repairs

If you are the owner of an investment property, you are responsible when something breaks down in the building. So when the tenants call with an emergency, you will need to have a list of local repair companies you can contact, and money in the bank to pay for their services.

One of the best ways to protect your property investment is to purchase a home warranty that covers your home against unexpected system breakdowns that can be costly, particularly if the heating or plumbing systems need repair. The yearly cost of a good home warranty is probably less than the cost of replacing a broken water heater. If your property is older, a home warranty will provide you with greater security and peace of mind.

Another way to plan for investment property repairs is by building up a monthly surplus account, where part of your positive cash flow can sit in preparation for the day some major repair is needed. Having a "rainy day" fund will relieve you of financial stress when something has to be fixed.

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Q	What area in the U.S. is known for its pre-civil war mansions?
A	Natchez, Mississippi boasts over 500 pre-civil war-style mansions; many are open to the public as museums.
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Sue Meservier, REALTOR�, real estate agent and broker for Auburn, Lewiston and Turner, Maine home listings, property and land for sale - NUMBER1EXPERT

Sue Meservier
Meservier & Associates
Keller Williams Realty Mid Maine
34 Center Street
Auburn, ME 04210
Office: 207-784-2525
Fax: 207-689-9801
Cell: 207-576-5488
suemeservier@NUMBER1EXPERT.com
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