$365,000
SOLD MAY 10, 2023
-- Bed
5 Baths
3,888 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

9% Below List Price

37 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Carpet
  • No HOA
  • 2 Car Garage

About This Home

As of December 2023

Strong rental numbers even at below market rent. Features a large 6 bed 2 bath unit. 2 bay garage currently has lease with previous owner for $1200 paid 1x/year with 3 years remaining

**Minimum 48 hours notice required for showings.**

Last Agent to Sell the Property

Jayson Kuhn

River's Edge Realty Listed on: 02/02/2023

Last Buyer's Agent

Kelly Sahabo

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 1907

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 5 Full Bathrooms
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Finished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 221
  • Assessor Parcel Number LEWI-000195-000000-000221

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $17,000
  • Gross Income $54,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,796

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: This 4 unit building is in a great location located right near St. Mary's and Bates College.
  • Above Grade Finished Sq Ft: 2923.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1907
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2923.0
  • Property Information:SqFt Finished Below Grade: 965.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:Laundry - Hookup: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 54792.0
  • Income Expenses Operating Expenses: 17000.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Basement:BrickMortar: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Finished, Full, Interior Entry
  • Full Bathrooms: 5
  • Below Grade Sq Ft: 965.0
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Intown
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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-000195-000000-000221
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 54792.0
  • Annual Operating Expense: 17000.0

Tax Info

  • Tax Annual Amount: 3796.0
  • Tax Book Number: 11069
  • Tax Lot: 221
  • Tax Map Number: 195
  • Tax Year: 2022

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
01/04/2024 01/04/24 For Sale $450,000 +8.4% $116 / Sq Ft
12/29/2023 12/29/23 Sold $415,000 +13.7% $107 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
05/10/2023 05/10/23 Sold $365,000 -8.7% $94 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $399,999 +21.2% $103 / Sq Ft
03/31/2022 03/31/22 Sold $330,000 +1.5% $85 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $325,000 +32.7% $84 / Sq Ft
03/04/2021 03/04/21 Sold $245,000 +2.1% $63 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $239,900 -- $62 / Sq Ft
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: 1551834

Maine Listings

APN: LEWI 00-000-829