Waterfront Income Property in Levant, Maine Hits Online Auction – Multi-Unit Investment Opportunity

Here’s a golden opportunity to own a unique, income-generating property situated along the peaceful Black Stream in Levant, Maine. This multi-unit, waterfront real estate is up for grabs through an online auction and includes three mobile homes plus a classic Airstream trailer—all tucked away on a private, wooded lot. Whether you’re a seasoned investor looking to expand your portfolio, a newcomer to real estate investment, or someone interested in multi-generational or shared family living, this property offers remarkable flexibility and potential.

The setting is nothing short of serene, combining natural beauty with practical convenience. The stream frontage enhances the peaceful atmosphere, making the property not just a smart investment but also a charming place to live or vacation. Located just a short drive from Bangor and other key areas in central Maine, the property enjoys a perfect mix of seclusion and accessibility. This balance makes it appealing to both long-term renters and short-term guests looking for a quiet retreat.

Each unit on the property brings its own value and earning potential. At 37 Island Farm Road, you’ll find a larger mobile home currently rented out at $1,000 per month. This tenant is already in place, offering instant income for the next owner. It’s a great way to generate steady cash flow right from day one.

Next door, at 35 Island Farm Road, a smaller unit is being rented on a month-to-month basis for $500 per month. This provides not only additional income but also flexibility should the future owner choose to renovate, increase rent, or repurpose the unit in the future. The current tenant has a history of reliability, making this an attractive asset for any landlord.

Meanwhile, 38 Island Farm Road is occupied under a life estate agreement. This means the current resident has the right to live there for life, offering long-term stability for the property while preserving future development options once the estate concludes. This type of arrangement can be particularly appealing to investors with a long-term vision.

Also included in this unique offering is a vintage Airstream trailer. Though it requires some TLC in the form of repairs and updates, its potential is undeniable. With a little elbow grease, this iconic trailer could be transformed into a highly desirable Airbnb rental, a private weekend getaway, or another stream of income. Its timeless design and portability open the door to multiple creative uses, making it a valuable bonus for the imaginative buyer.

The entire purchase process will be handled through an online auction platform. Bidding begins on July 17 at 12:00 p.m. and closes on July 24 at 12:00 p.m. The auction will start at the listed price, but the final sale amount will be determined by competitive bidding. Interested buyers must register ahead of time and review the Property Information Package (PIP) and Broker FAQ documents. These resources provide essential details, including auction terms, property conditions, and registration instructions. They’re available by request or directly through the listing broker.

It’s also important to understand that this sale is being conducted under the supervision of the U.S. Bankruptcy Court for the Middle District of Florida, Ft. Myers Division (Case No: 8:25-bk-00309-FMD). As a result, all aspects of the transaction must follow court-ordered procedures, and buyers should carefully review all legal documentation included in the auction materials. Thorough due diligence is strongly advised. This includes checking property titles, inspecting the condition of the site, and understanding all the rules and conditions of the auction before placing any bids.

What makes this listing especially appealing is that it offers more than just a piece of real estate—it presents a rare investment opportunity in one of Maine’s most desirable and picturesque locations. Whether your goal is to earn passive income through rentals, develop the land further, or live in one of the units while renting out the others, the possibilities are wide open.

The combination of natural beauty, existing cash flow, and creative development potential makes this a standout opportunity in today’s market. Properties like this—especially those offering stream frontage and multiple income streams—are rarely available. Now’s your chance to take advantage of a unique investment in a peaceful yet conveniently located part of Maine.

Don’t let this opportunity pass you by. Register today, study the auction materials carefully, and prepare to place your bid when the online auction goes live on July 17. Whether you’re a seasoned investor or just starting your journey, this Black Stream property could be the perfect addition to your portfolio—or the beginning of your next big adventure.

 

 

 

 

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