$515,000
$10K PRICE DROP

21 Bald Hill Rd New Gloucester, ME 04260

Estimated payment $3,104/month

Total Views 2,420
-- Bed
3 Baths
4,062 Sq Ft
$127 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Vinyl Flooring

About This Home

Value-add triplex in New Gloucester ready for your vision. Three 2-bedroom units with partial vacancy means you can renovate on your own schedule. New Gloucester's proximity to Portland, Auburn, and Lewiston via I-95 drives consistent rental demand with limited multi-family competition in the area. Update, stabilize, and watch your returns grow. A straightforward path to strong cash flow for the investor ready to move.

Listing Agent

Argelis Garcia

Dream Home Realty LLC Listed on: 03/27/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1816

Lot Details

  • 1.17 Acre Lot
  • Property fronts a freeway

Home Design

  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 4,062 Sq Ft Home
  • Multi-Level Property
  • Vinyl Flooring
  • Interior Basement Entry

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number NEWG-000019-000000-000013

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,594
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,254

Year Built

Built in 1816

Lot Details

1.17 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.17
  • MLS Status: Active
  • Directions: GPS
  • Above Grade Finished Sq Ft: 4062.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1816
  • Contract Information:List PriceSqFt: 126.78
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 3
  • Flooring: Vinyl

Exterior Features

  • Lot Features: Business District
  • Waterfront: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50965.2
  • Parcel #: NEWG-000019-000000-000013
  • Zoning: Upper Village

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 43200.0
  • Annual Operating Expense: 7594.2

Tax Info

  • Tax Annual Amount: 4254.2
  • Tax Lot: 13
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,254 $274,997 $72,025 $202,972
2024 $4,095 $274,997 $72,025 $202,972
2023 $3,930 $274,997 $72,025 $202,972
2022 $3,795 $274,997 $72,025 $202,972
2021 $3,795 $274,997 $72,025 $202,972
2020 $3,754 $274,997 $72,025 $202,972
2019 $3,781 $223,700 $45,000 $178,700
2018 $3,534 $223,700 $45,000 $178,700
2017 $3,490 $223,700 $45,000 $178,700
2016 $3,288 $223,700 $45,000 $178,700
2015 $3,277 $223,700 $45,000 $178,700
2014 $3,244 $223,700 $45,000 $178,700
2013 $3,009 $223,700 $45,000 $178,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2026 04/17/26 Price Changed $515,000 -1.9% $127 / Sq Ft
03/27/2026 03/27/26 For Sale $525,000 +11.3% $129 / Sq Ft
11/19/2024 11/19/24 Sold $471,543 -5.5% $116 / Sq Ft View Prior Sale
11/04/2024 11/04/24 Pending -- -- --
10/21/2024 10/21/24 Price Changed $499,000 -1.2% $123 / Sq Ft
10/09/2024 10/09/24 Price Changed $505,000 -1.0% $124 / Sq Ft
10/07/2024 10/07/24 Price Changed $510,000 -1.8% $126 / Sq Ft
09/22/2024 09/22/24 For Sale $519,500 +9.4% $128 / Sq Ft
09/29/2023 09/29/23 Sold $475,000 -4.8% $117 / Sq Ft View Prior Sale
07/17/2023 07/17/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $499,000 +78.2% $123 / Sq Ft
05/11/2021 05/11/21 Sold $280,000 +12.0% $69 / Sq Ft View Prior Sale
03/17/2021 03/17/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $250,000 +35.1% $62 / Sq Ft
10/21/2016 10/21/16 Sold $185,000 -2.6% $46 / Sq Ft View Prior Sale
08/09/2016 08/09/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $190,000 -- $47 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $475,000 None Available
Warranty Deed $475,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,396 FHA
Closed $466,396 FHA
Previous Owner $274,928 FHA
Previous Owner $138,750 New Conventional
Source: Public Records

Source: Maine Listings

MLS Number: 1655627

Maine Listings

APN: NEWG-000019-000000-000013

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