$1,200,000
PENDING

1385 U S 202 Winthrop, ME 04364

Estimated payment $7,212/month

Total Views 986
-- Bed
19 Baths
6,789 Sq Ft
$177 Price per Sq Ft

Highlights

  • 5.77 Acre Lot
  • Wooded Lot
  • 2 Car Detached Garage
  • Winthrop Middle School Rated A-
  • No HOA
  • Air Conditioning

About This Home

Highlights:

19 total units - 17 motel rooms + 2 full apartments
Strong visibility and access along US Route 202 New Furnace 2025, Exterior renovation 2024

Listing Agent

Benjamin Spencer

CORE Listed on: 04/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,020

Year Built

  • Built in 1958

Lot Details

  • 5.77 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Metal Roof
  • Block Exterior
  • Masonry

Flooring

  • Laminate
  • Tile
  • Vinyl

Basement

  • Walk-Out Basement
  • Brick Basement
  • Interior Basement Entry

Utilities

  • Air Conditioning
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Additional Features

  • 19 Full Bathrooms
  • Outbuilding

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 020/029

Community Details

Overview

  • No Home Owners Association
  • 19 Units

Building Details

  • Operating Expense $108,466
  • Gross Income $251,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,020

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 5.77
  • Road Surface Type: Paved
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 5957.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Year Built: 1958
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.77
  • Property Information:Total Baths: 19.0
  • Property Information:SqFt Finished Above Grade: 5957.0
  • Property Information:SqFt Finished Below Grade: 832.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 19
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 251940.0
  • Income Expenses Operating Expenses: 108466.0
  • Foundation Materials:Block3: Yes
  • Basement:BrickMortar: Yes
  • Site:Wooded: Yes
  • Water Heater:Oil2: Yes
  • Exterior:Brick: Yes
  • Cooling:AC Units: Yes
  • Construction:Masonry: Yes
  • Exterior:Block2: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Walk-Out Access, Brick/Mortar
  • Full Bathrooms: 19
  • Below Grade Sq Ft: 832.0
  • Flooring: Vinyl, Tile, Laminate

Exterior Features

  • Lot Features: Open, Level, Wooded, Near Town
  • Waterfront: No
  • Construction Type: Brick, Block, Masonry
  • Foundation Details: Block, Brick/Mortar
  • Other Structures: Outbuilding
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 11 - 20 Spaces, Paved, Detached

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • 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: 251341.2
  • Parcel #: 020/029
  • Zoning: gc

Multi Family

  • Number Of Units Total: 19
  • Annual Gross Income: 251940.0
  • Annual Operating Expense: 108466.0

Tax Info

  • Tax Annual Amount: 7020.09
  • Tax Book Number: 14741
  • Tax Lot: 029
  • Tax Map Number: 020
  • Tax Year: 2024

Map

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
04/18/2025 04/18/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $1,200,000 -- $177 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1618240

Maine Listings