$850,000
SOLD JUN 9, 2025
-- Bed
9 Baths
7,218 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

273 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Level Lot
  • 3-minute walk to Kennedy Park

About This Home

As of June 2025

Nice 9 unit package that has had many capital improvements made such as lead abatement, kitchens, flooring, painting + rental increases w/ more upside as well. This two building portfolio offers (1) 1 bedroom, (4) 2 bedrooms + (4) 4 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 06/09/2025

Last Buyer's Agent

Matthew Sukeforth

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 7,218 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 097
  • Assessor Parcel Number LEWI-000196-000000-000097

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Operating Expense $48,615
  • Gross Income $158,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,027

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 7218.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1921
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 7218.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 9
  • Income Expenses Gross Income: 158124.0
  • Income Expenses Operating Expenses: 48615.0
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Deed Restrictions: Unknown
  • Heat System:Radiator: Yes
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 9
  • Flooring: Wood, Vinyl, Other, Carpet

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Roof: Flat, Membrane, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Baseboard
  • Heating Yn: Yes
  • Electric: 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: 4791.6
  • Parcel #: LEWI-000196-000000-000097
  • Zoning: DR

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 158124.0
  • Annual Operating Expense: 48615.0

Tax Info

  • Tax Annual Amount: 5027.0
  • Tax Book Number: 11388
  • Tax Lot: 097
  • Tax Map Number: 196
  • Tax Year: 2023

Range of Values:

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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 Change Sq Ft Price
06/09/2025 06/09/25 Sold $850,000 0.0% $118 / Sq Ft
01/07/2025 01/07/25 Off Market $850,000 -- --
12/03/2024 12/03/24 For Sale $850,000 0.0% $118 / Sq Ft
11/30/2024 11/30/24 Off Market $850,000 -- --
11/14/2024 11/14/24 Price Changed $850,000 -3.4% $118 / Sq Ft
05/20/2024 05/20/24 For Sale $880,000 +282.6% $122 / Sq Ft
08/31/2018 08/31/18 Sold $230,000 -14.8% --
06/27/2018 06/27/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $269,900 -- --
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1590292

Maine Listings