$290,000
SOLD JUN 26, 2025
-- Bed
3 Baths
6,498 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

11% Below List Price

5 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Cooling Available
  • Nearby Water Access
  • No HOA
  • Zoned Heating

About This Home

As of June 2025

INVESTORS TAKE NOTICE. This property brings so much potential to downtown Livermore Falls. There are currently 3 apartments and 4 commercial spaces. There is a space in the basement that is prime to become the 5th commercial unit with very minimal buildout required, complete with a kitchenette and its own water heater hookup. The second floor is open and ready to add three more apartments or transform into a bustling commercial business. Engineering/Architectural drawings are included to turn the second floor space into an event center upon request. The building comes with its own parking lot and the potential to purchase an additional attached parking lot from the City for $15,000, per current owner.

(2) of the (4) commercial units are presently occupied by an insurance agency and a therapist. (1) of the (3) residential units are presently occupied. Rent on all units is at $700 per month. With a current rental income is $2,100 per month and a potential income of $4,900 per month ($58,800/Yr) at the current rates and in its current state. Operating expenses are roughly $21,000 per year

Please see MLS commercial listing #1621734 for additional information.

Last Agent to Sell the Property

Joseph Hausl Erica Hausler

Elevate Maine Realty Listed on: 05/07/2025

Last Buyer's Agent

Keith Kennedy

Berkshire Hathaway HomeServices Northeast Real Estate

Berkshire Hathaway HomeServices Northeast Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,695

Year Built

  • Built in 1890

Parking

  • Driveway

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Membrane Roofing
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property
  • Water Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number LVMF-000018-000000-000036

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $21,000
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,695

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Water Body Name: Androscoggin River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3898.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 83.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3898.0
  • Property Information:SqFt Finished Below Grade: 2600.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 58800.0
  • Income Expenses Operating Expenses: 21000.0
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Property Information:Deed Restrictions: Unknown
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Exterior:Brick: Yes
  • Floors:Concrete2: Yes
  • Roof:Membrane: Yes
  • Driveway:Concrete3: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Advertising Remarks:Advertising Remarks: INVESTORS TAKE NOTICE. This property brings so much potential to downtown Livermore Falls. There are currently 3 apartments and 4 commercial spaces. There is a space in the basement that is prime to become the 5th commercial unit with very minimal buildout required, complete with a kitchenette and its own water heater. The second floor is open and ready to add three more apartments or transform into a bustling commercial business. Engineering/Architectural drawings are included to turn the second floor space into an event center upon request. The building comes with its own parking lot and the potential to purchase an additional attached parking lot from the City for $15,000, per current owner. (2) of the (4) commercial units are presently occupied by an insurance agency and a therapist. (1) of the (3) residential units are presently occupied. Rent on all units is at $700 per month. With a current rental income is $2,100 per month and a potential income of $4,900 per month ($58,800/Yr) at the current rates and in its current state. Operating expenses are roughly $21,000 per year Please see MLS commercial listing #______ for additional information. Call Listing Broker; Email Listing Broker; Notice Required; ShowingTime; Text Listing Agent
  • Property Information 2 Detached Houses on 1 Lot: No
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Walk-Out Access, Finished, Full, Unfinished
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 2600.0
  • Flooring: Wood, Vinyl, Laminate, Concrete, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Brick, Masonry, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Flat, Membrane, Rolled/Hot Mop

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Concrete

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Zoned, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: LVMF-000018-000000-000036
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 58800.0
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Annual Amount: 3695.0
  • Tax Lot: 36
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jun 26, 2025
Sold by
1 Depot Llc
Bought by
Al-Freihy Haidar W
Seller's Agent
Joseph Hausl Erica Hausler
Elevate Maine Realty
Buyer's Agent
Keith Kennedy
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Views
6
Current Estimated Value
$357,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,985
Avg. Annual Appreciation
56.53%
Original Mortgage
$217,500
Outstanding Balance
$217,129
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,856

Purchase Details

Listed on
Dec 1, 2022
Closed on
Feb 9, 2023
Sold by
Baillargeon Richard J
Bought by
1 Depot Llc
Seller's Agent
Kelly Webb
Fontaine Family-The Real Estate Leader
Buyer's Agent
Khristian Potter
Keller Williams Realty
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
May 26, 2015
Sold by
Baillargeon Theresa A
Bought by
Baillargeon Richard J

Purchase Details

Closed on
Mar 24, 2008
Sold by
Aegis Mortgage Corp
Bought by
Baillangeon Richard J and Baillangeon Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $290,000 None Available
Quit Claim Deed $290,000 None Available
Warranty Deed $260,000 None Available
Warranty Deed $260,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,500 Purchase Money Mortgage
Closed $217,500 Purchase Money Mortgage
Previous Owner $30,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2025 06/26/25 Sold $290,000 -10.8% $45 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $325,000 +25.0% $50 / Sq Ft
02/09/2023 02/09/23 Sold $260,000 -7.1% $68 / Sq Ft View Prior Sale
01/21/2023 01/21/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $280,000 -- $73 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,695 $142,400 $15,700 $126,700
2023 $3,453 $142,400 $15,700 $126,700
2022 $3,133 $136,200 $15,700 $120,500
2021 $3,160 $136,200 $15,700 $120,500
2020 $3,160 $136,200 $15,700 $120,500
2019 $3,078 $136,200 $15,700 $120,500
2018 $2,942 $136,200 $15,700 $120,500
2017 $2,942 $136,200 $15,700 $120,500
2016 $2,847 $136,200 $15,700 $120,500
2015 $2,874 $136,200 $15,700 $120,500
2014 $2,874 $136,200 $15,700 $120,500
2013 $2,833 $136,200 $15,700 $120,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1621732

Maine Listings

APN: LVMF-000018-000000-000036