$489,900
SOLD DEC 12, 2024

22 Railroad Ave Springvale, ME 04083

-- Bed
4 Baths
4,064 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

5 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • Baseboard Heating

About This Home

As of December 2024

Income Producer! This 4 unit building is a money machine, currently at $72,000 gross annual income. 4 two bedroom units, 2 on the 1st floor and 2 on the 2nd floor. Nice front porch. 2 paved driveways. Large back yard. One unit is currently vacant to accommodate potential owner occupant buyer. This is great buy!

Last Agent to Sell the Property

Brian Samia

Century 21 North East Brokerage Phone: 207-651-7188 Listed on: 11/08/2024

Century 21 North East

Last Buyer's Agent

Matthew Sukeforth

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1798

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,064 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number SANF-000007-I000018

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $18,815
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,521

Year Built

Built in 1798

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4064.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1798
  • Attribution Contact: 207-651-7188
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4064.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 72000.0
  • Income Expenses Operating Expenses: 18815.0
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Stories: 2

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: SANF-000007-I000018
  • Zoning: UB

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 72000.0
  • Annual Operating Expense: 18815.0

Tax Info

  • Tax Annual Amount: 5521.0
  • Tax Book Number: 18516
  • Tax Lot: 7
  • Tax Map Number: 0I18
  • Tax Year: 2024

Range of Values:

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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 List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $489,900 0.0% $121 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $489,900 +78.1% $121 / Sq Ft
01/09/2021 01/09/21 Sold $275,000 +3.8% $68 / Sq Ft View Prior Sale
10/04/2020 10/04/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $265,000 -- $65 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1609037

Maine Listings