NOT LISTED FOR SALE

1012 Main St Jay, ME 04239

-- Bed
2 Baths
5,900 Sq Ft
0.25 Acres

Last Sold March 28, 2024

Last sale price $160,000 $27 Per Sq Ft

69 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • New Englander Architecture
  • River Front
  • Wood Flooring
  • No HOA

About This Home

As of March 2024

In town investment opportunity! Earn an income on the first building while completing renovations on the second. The first building currently houses a self-service laundromat on the 1st floor, and two apartments above. The 2nd floor apartment is a 3BR/1BA. The 3rd floor apartment is a 2BR/1BA. Brand NEW furnace installed 2023, along with several other recent updates. The second building has
been unoccupied since 2009. The 1st floor was used as a general store while the 2nd and 3rd floors are a combined 4BR/1BA apartment. Potential to transform into two separate apartments. The building is mid-renovation. All debris and construction materials will convey as-is. Bring your vision to complete! Benefit from in-town visibility on Main street, walking distance from most amenities. Off-street Paved parking for 10-15 vehicles in the center lot.

Last Agent to Sell the Property

Jacob Stewart

The Maine Real Estate Experience Brokerage Phone: 207-223-6325 Listed on: 11/12/2023

Last Buyer's Agent

Ian Luker

Coldwell Banker Sandy River Realty

Coldwell Banker Sandy River Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • River Front

Parking

  • 1 Car Garage
  • Subterranean Parking
  • No Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 5,900 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7, 8, 9
  • Assessor Parcel Number 12MainStreetJay04239

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,651

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Water Body Name: Androscoggin River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5900.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Attribution Contact: 207-223-6325
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 33.73
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 5900.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: 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
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 26400.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:BrickMortar: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Public Transport Access: Yes
  • Electric:Fuses: Yes
  • Advertising Remarks:Advertising Remarks: Fantastic investment opportunity! Earn an income from one building while completing renovations on the other. The first building currently houses a self-service laundromat on the 1st floor, and 2 apartments above. The 2nd floor apartment is a 3BR/1BA, the 3rd floor apartment is a 2BR/1BA. Brand NEW furnace installed 2023! Many recent updates throughout. The second building has been unoccupied since 2009. The 1st floor was used as a grocery store while the 2nd and 3rd floors combined was a 4BR/1BA apartment. Potential to be converted into 2 separate apartments. Great in-town visibility. Off-street parking for 10-15 vehicles in paved center lot.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Town, Near Public Transit, Near Railroad
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: No Driveway, 11 - 20 Spaces, On Site, Paved, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 12MainStreetJay04239
  • Zoning: Multi

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0

Tax Info

  • Tax Annual Amount: 3651.48
  • Tax Lot: 7, 8, 9
  • Tax Year: 2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $160,000 -19.6% $27 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
11/12/2023 11/12/23 For Sale $199,000 -- $34 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jacob Stewart

    The Maine Real Estate Experience

    (207) 500-8580

    4 in this area

    38 Total Sales

    Jacob Stewart
    Section Image

  • I

    Buyer's Agent in 2024

    Ian Luker

    Coldwell Banker Sandy River Realty

    (207) 491-8548

    11 in this area

    116 Total Sales

    Ian Luker
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1577245

Maine Listings
Maine Franklin County Jay 04239

1012 Main St, Jay, ME

Not Listed for Sale

MultiFamily

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