16 Main St Topsham, ME 04086
Estimated payment $4,868/month
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating System
- New Englander Architecture
- Double Pane Windows
About This Home
Here's an opportunity to invest in a nice five unit multi family in Topsham just across the new bridge from Brunswick.5 units (1) one bedroom unit, (3) two bedroom units and (1) three bedroom unit. Property has been well-maintained by local owners with a stable rental history. Each unit comes with an off street parking space.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,567
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
Home Design
- New Englander Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 5 Full Bathrooms
- 3,620 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Exterior Basement Entry
Flooring
- Wood
- Carpet
- Vinyl
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number TOPM-000002-000000-000013U
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Operating Expense $22,941
- Gross Income $83,700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $5,567 | $434,900 | $49,500 | $385,400 |
| 2024 | $5,390 | $431,200 | $45,800 | $385,400 |
| 2023 | $5,167 | $380,500 | $43,600 | $336,900 |
| 2022 | $4,635 | $321,400 | $42,200 | $279,200 |
| 2021 | $4,496 | $283,300 | $38,700 | $244,600 |
| 2020 | $4,236 | $237,200 | $38,700 | $198,500 |
| 2019 | $3,196 | $166,900 | $38,700 | $128,200 |
| 2018 | $3,047 | $162,700 | $34,500 | $128,200 |
| 2017 | $2,948 | $162,700 | $34,500 | $128,200 |
| 2016 | $2,927 | $162,700 | $34,500 | $128,200 |
| 2015 | $2,780 | $154,800 | $34,500 | $120,300 |
| 2014 | $2,683 | $154,800 | $34,500 | $120,300 |
| 2013 | $2,577 | $154,800 | $34,500 | $120,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/04/2026 05/04/26 | Price Changed | $825,000 | -1.2% | $228 / Sq Ft | |
| 04/21/2026 04/21/26 | For Sale | $835,000 | +154.6% | $231 / Sq Ft | |
| 01/05/2021 01/05/21 | Sold | $328,000 | -18.0% | $91 / Sq Ft | View Prior Sale |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- | |
| 08/17/2020 08/17/20 | For Sale | $399,900 | -- | $111 / Sq Ft |
Source: Maine Listings
MLS Number: 1658541
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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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