NOT LISTED FOR SALE

219 Waldo Ave Belfast, ME 04915

Estimated Value: $440,000 - $456,000

-- Bed
4 Baths
1,560 Sq Ft
$287/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2025

Last sale price $430,000 $276 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,983 / mo

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Main Floor Bedroom
  • 4 Car Detached Garage
  • Baseboard Heating

About This Home

As of May 2025

This 4-unit, 2-bedroom apartment building in Belfast offers a fantastic investment opportunity. With one unit currently vacant, you can move in while the rental income from the remaining three units helps offset the mortgage. The property also features a spacious 4-bay garage, formerly operated as BJ's, which will be fully cleared out by the end of April—presenting endless possibilities for use. Situated on 1.9 acres, this property provides both space and convenience, with easy access to nearby services. Don't miss out on this versatile and income-generating opportunity!

Last Agent to Sell the Property

Michelle Ridley

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/11/2025

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Michelle Ridley

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/11/2025

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,543

Year Built

  • Built in 1971

Lot Details

  • 1.9 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 4 Car Detached Garage
  • Parking Available
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Gravel Driveway
  • Shared Driveway

Home Design

  • 1,560 Sq Ft Home
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Basement

  • Partial Basement
  • Dirt Floor

Outdoor Features

  • Outbuilding
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 12A
  • Assessor Parcel Number BELF-000015-000000-000012-A000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $15,000
  • Gross Income $54,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,543

Year Built

Built in 1971

Lot Details

1.9 Acres

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.9
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: In town Belfast, go out Waldo Ave, property on right. Use to run as BJ's Garage also
  • Above Grade Finished Sq Ft: 1560.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Year Built: 1971
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 351.92
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.9
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1560.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 4.0
  • Driveway:Common2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 54500.0
  • Income Expenses Operating Expenses: 15000.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Basement:Slab2: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Water:Well Existing on Site: Yes
  • Utility Info Electric On Site: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Fo more information, Contact Michelle Ridley, Better Homes & Gardens 207-323-1796/ This 4-unit, 2-bedroom apartment building in Belfast offers a fantastic investment opportunity. With one unit currently vacant, you can move in while the rental income from the remaining three units helps offset the mortgage. The property also features a spacious 4-bay garage, formerly operated as BJ's, which will be fully cleared out by the end of April—presenting endless possibilities for use. Situated on 1.9 acres, this property provides both space and convenience, with easy access to nearby services. Don't miss out on this versatile and income-generating opportunity!
  • Sewer:Septic Tank: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Partial, Bulkhead
  • Full Bathrooms: 4
  • Flooring: Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Intown, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Gravel/Pad, Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Auto Door Opener, 21+ Spaces, Gravel, Common, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 82764.0
  • Parcel #: BELF-000015-000000-000012-A000000
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 54500.0
  • Annual Operating Expense: 15000.0

Tax Info

  • Tax Annual Amount: 6543.0
  • Tax Lot: 12A
  • Tax Year: 2024

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2025 05/22/25 Sold $430,000 -21.7% $276 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $549,000 -- $352 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,943 $424,900 $62,700 $362,200
2024 $6,543 $424,900 $62,700 $362,200
2023 $6,394 $318,100 $51,300 $266,800
2022 $6,566 $306,800 $51,300 $255,500
2021 $6,750 $306,800 $51,300 $255,500
2020 $6,790 $291,400 $51,300 $240,100
2019 $6,103 $266,500 $46,800 $219,700
2018 $6,050 $266,500 $46,800 $219,700
2017 $5,836 $266,500 $46,800 $219,700
2016 $6,103 $266,500 $46,800 $219,700
2015 $5,970 $266,500 $46,800 $219,700
2014 $5,770 $266,500 $46,800 $219,700
2013 $5,543 $266,500 $46,800 $219,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1615838

Maine Listings

APN: BELF-000015-000000-000012-A000000

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