NOT LISTED FOR SALE

16 Main St Topsham, ME 04086

-- Bed
5 Baths
3,588 Sq Ft
7,405 Sq Ft Lot

Last Sold January 05, 2021

Last sale price $328,000 $91 Per Sq Ft

70 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Open Lot
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of January 2021

Solid 5 unit apartment building w/ brand new roof, updated units + parking.
(2) 1 bedrooms, (2) bedrooms & (1) 3 bedroom. 8.71% cap rate w/ upside on rents.

Last Listed By

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 08/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,196

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,588 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number TOPM-000002-000000-000013U

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $20,724
  • Gross Income $53,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,196

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3588.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3588.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 53400.0
  • Income Expenses Operating Expenses: 20724.0
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Sewer:None4: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Only
  • Full Bathrooms: 5
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Pitched

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: TOPM-000002-000000-000013U
  • Zoning: LV

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 53400.0
  • Annual Operating Expense: 20724.0

Tax Info

  • Tax Annual Amount: 3196.0
  • Tax Book Number: 3284
  • Tax Lot: 013
  • Tax Map Number: U02
  • Tax Year: 2019

Range of Values:

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Sold Price
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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
01/05/2021 01/05/21 Sold $328,000 -18.0% $91 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $399,900 -- $111 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Gadbois

    Seller's Agent in 2021

    Thomas Gadbois

    F.O. Bailey Real Estate

    (207) 409-8339

    1 in this area

    149 Total Sales

    Thomas Gadbois
    Section Image
  • Lisa Buthlay

    Buyer's Agent in 2021

    Lisa Buthlay

    Coldwell Banker Realty

    (207) 522-1637

    Section Image
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Map

Source: Maine Listings

MLS Number: 1464935

Maine Listings

Maine Sagadahoc County Topsham 04086

16 Main St, Topsham, ME

Homes for Sale in Topsham, ME

This home is located at 16 Main St, Topsham, ME 04086 since 17 August 2020. This property was built in 1900. 16 Main St is a home located in Sagadahoc County with nearby schools including Mt Ararat High School and St. John's Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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