16 S Garand St Winslow, ME 04901
Estimated payment $2,497/month
Highlights
- Nearby Water Access
- 1 Fireplace
- No HOA
- Wood Flooring
- Corner Lot
- 2 Car Direct Access Garage
About This Home
Great Investment Opportunity! This charming multi-unit features two spacious apartments, each offering excellent value. The first unit boasts 3 bedrooms and 2 baths, while the second unit offers 3 bedrooms and 1 bath - perfect for families or tenants seeking extra space. Both units are well-maintained and include a bright, welcoming sun porch that adds a touch of warmth and character to the home. The property also features an oversized 2-car garage, providing ample storage or parking space, along with two driveways for added convenience. The clean and dry, improved basement with a concrete floor includes two breaker boxes and a newly installed hot water heater, ensuring reliable functionality for both units. Currently under-valued rents offer a great opportunity to increase cash flow. With so much potential for future growth, this property is a must-see for investors or owner-occupants looking for a solid investment in a desirable location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,018
Year Built
- 1950
Lot Details
- 9,583 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
Parking
- 2 Car Direct Access Garage
- Gravel Driveway
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3 Full Bathrooms
- 2,656 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Wood Flooring
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Natural Gas Not Available
- Oil Water Heater
Listing and Financial Details
- Tax Lot 083
- Assessor Parcel Number 16SouthGarandStWinslow04901
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $12,825
- Gross Income $42,000
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 |
|---|---|---|---|---|
| 2024 | $4,019 | $267,900 | $20,600 | $247,300 |
| 2023 | $3,638 | $242,500 | $20,600 | $221,900 |
| 2022 | $2,949 | $139,100 | $19,400 | $119,700 |
| 2021 | $2,804 | $138,800 | $19,400 | $119,400 |
| 2020 | $2,612 | $138,800 | $19,400 | $119,400 |
| 2019 | $2,214 | $138,800 | $19,400 | $119,400 |
| 2018 | $2,092 | $138,800 | $19,400 | $119,400 |
| 2017 | $2,287 | $136,600 | $19,400 | $117,200 |
| 2016 | $2,150 | $136,600 | $19,400 | $117,200 |
| 2015 | $2,063 | $133,100 | $19,400 | $113,700 |
| 2014 | $2,063 | $133,100 | $19,400 | $113,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Price Changed | $388,000 | -2.5% | $146 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $398,000 | +16.4% | $150 / Sq Ft |
| 06/13/2024 06/13/24 | Sold | $342,000 | +0.6% | $129 / Sq Ft |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- |
| 05/02/2024 05/02/24 | For Sale | $339,900 | +165.5% | $128 / Sq Ft |
| 06/08/2020 06/08/20 | Sold | $128,000 | +0.1% | $48 / Sq Ft |
| 01/19/2020 01/19/20 | Pending | -- | -- | -- |
| 01/14/2020 01/14/20 | For Sale | $127,900 | -- | $48 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $342,000 | None Available | |
| Warranty Deed | $342,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $335,805 | FHA | |
| Closed | $335,805 | FHA | |
| Previous Owner | $101,600 | New Conventional | |
| Previous Owner | $152,630 | No Value Available | |
| Previous Owner | $109,920 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1616150
APN: WINS-000021-000000-000083
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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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