NOT LISTED FOR SALE
-- Beds
7.5 Baths
5,134 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: August 28, 2023

Last sale price $585,000 $114 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Asbestos
  • No HOA
  • Hot Water Heating System
  • 3-minute walk to Kennedy Park

About This Home

As of August 2023

Huge cash flowing 3 unit + a single family house for additional income or occupancy. This is a 3-unit with 5 (FIVE!) bedrooms and 2 baths in each unit. PLUS a HOUSE with 3bds/1.5 baths. The house is vacant and ready to be rented for income or used by an owner occupant. Fully occupied income yields a cap rate over 11%.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 07/14/2023

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Megan Bingman

Dream Home Realty LLC

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 5,134 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 096
  • Assessor Parcel Number LEWI-000196-000000-000096

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $16,078
  • Gross Income $74,868

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,010

Year Built

Built in 1921

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5134.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1921
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 97.2
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 5134.0
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 74868.0
  • Income Expenses Operating Expenses: 16078.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Exterior:Asbestos: Yes
  • Roof:Flat: Yes
  • Advertising Remarks:Advertising Remarks: Huge cash flowing 3 unit + a single family house for additional income or occupancy. This is a 3-unit with 5 (FIVE!) bedrooms and 2 baths in each unit. PLUS a HOUSE with 3bds/1.5 baths. The house is vacant and ready to be rented for income or used by an owner occupant. Fully occupied income yields a cap rate over 11%.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Tile

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Asbestos, Wood Frame
  • Roof: Flat, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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-000196-000000-000096
  • Zoning: DR

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 74868.0
  • Annual Operating Expense: 16078.0

Tax Info

  • Tax Annual Amount: 3010.0
  • Tax Lot: 096
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 28, 2023
Sold by
Six Sigma Properties Llc
Bought by
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Megan Bingman
Dream Home Realty LLC
List Price
$499,000
Sold Price
$585,000
Premium/Discount to List
$86,000
17.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,559
Outstanding Balance
$537,654
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2014
Sold by
Ljm Llc
Bought by
Casco Bay Holding Co

Purchase Details

Closed on
Apr 30, 2009
Sold by
Casco Bay Holding Co Llc
Bought by
Ljm Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$585,000 None Available
Casco Bay Holding Co -- --
Ljm Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $564,559
Closed 6 Sigma Prop Llc $115,000
Previous Owner 6 Sigma Properties Llc $170,000
Previous Owner 6 Sigma Properties Llc $877,500
Previous Owner 6 Sigma Properties Llc $135,000
Previous Owner 6 Sigma Properties Llc $877,500
Previous Owner 6 Sigma Properties Llc $38,500
Previous Owner 6 Sigma Props $25,200
Previous Owner Solo Dev 2004 Llc $1,237,031
Previous Owner Solo Dev 2004 Llc $1,237,031
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $585,000 +17.2% $114 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $499,000 -- $97 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,462 $105,600 $17,040 $88,560
2024 $3,355 $105,600 $17,040 $88,560
2023 $3,168 $105,600 $17,040 $88,560
2022 $3,010 $105,600 $17,040 $88,560
2021 $2,984 $105,600 $17,040 $88,560
2020 $3,028 $105,600 $17,040 $88,560
2019 $3,053 $105,600 $17,040 $88,560
2018 $3,028 $105,600 $17,040 $88,560
2017 $2,959 $105,600 $17,040 $88,560
2016 $2,908 $105,600 $17,040 $88,560
2015 $3,206 $117,120 $17,040 $100,080
2014 $3,114 $117,120 $17,040 $100,080
2013 $3,097 $117,120 $17,040 $100,080
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1565303

Maine Listings
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