NOT LISTED FOR SALE
Studio
5 Baths
3,080 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: December 9, 2025

Last sale price $475,000 $154 Per Sq Ft

74 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • Winthrop Middle School Rated A-
  • Zoned Heating
  • 2 Car Garage

About This Home

As of December 2025

Solid multi-family investment property in convenient Downtown Winthrop location. 5-unit building consisting of three 2-bedrooms and two 1-bedroom units. Strong 8.5% cap rate with further upside potential!

Last Agent to Sell the Property

Jon Leahy

J T Leahy Real Estate Listed on: 07/10/2025

Last Buyer's Agent

Jason Erwin

EXP Realty

EXP Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Membrane Roofing

Interior Spaces

  • 5 Full Bathrooms
  • 3,080 Sq Ft Home
  • Multi-Level Property
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number WINP-000031-000000-000096

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $25,610
  • Gross Income $70,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,828

Year Built

Built in 1900

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3080.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 162.01
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Location:Location: Near Town, Neighborhood
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry
  • Full Bathrooms: 5
  • Flooring: Carpet, Vinyl, Wood

Exterior Features

  • Waterfront: No
  • Roof: Membrane, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: WINP-000031-000000-000096
  • Zoning: Res

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 70500.0
  • Annual Operating Expense: 25610.0

Tax Info

  • Tax Annual Amount: 4828.0
  • Tax Lot: 96

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2025
Closed on
Dec 9, 2025
Sold by
Reynolds Invest Llc and Reynolds
Bought by
Seller's Agent
Jon Leahy
J T Leahy Real Estate
Buyer's Agent
Jason Erwin
EXP Realty
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
15

Purchase Details

Listed on
Apr 12, 2022
Closed on
Sep 13, 2022
Sold by
Carrier Beverly W Est and Carrier
Bought by
Reynolds Invest Llc
Seller's Agent
James Pepin
Sprague & Curtis Real Estate
Buyer's Agent
Dan Coleman
Androvise Realty
List Price
$375,000
Sold Price
$352,500
Premium/Discount to List
-$22,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$264,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2005
Sold by
Carrier Louis A
Bought by
Carrier Beverly I
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$475,000 --
Reynolds Invest Llc -- None Available
Carrier Beverly I -- --
Carrier Beverly I -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner -- $264,000
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 Prior Sale
12/09/2025 12/09/25 Sold $475,000 -4.8% $154 / Sq Ft
09/22/2025 09/22/25 Pending -- -- --
09/15/2025 09/15/25 Price Changed $499,000 -5.0% $162 / Sq Ft
07/10/2025 07/10/25 For Sale $525,000 +48.9% $170 / Sq Ft
09/13/2022 09/13/22 Sold $352,500 -6.0% $114 / Sq Ft View Prior Sale
07/09/2022 07/09/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $375,000 -- $122 / 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 $4,828 $209,000 $26,700 $182,300
2024 $4,828 $209,000 $26,700 $182,300
2022 $4,550 $209,000 $26,700 $182,300
2021 $4,295 $209,000 $26,700 $182,300
2020 $3,492 $209,000 $26,700 $182,300
2019 $2,908 $209,000 $26,700 $182,300
2018 $2,868 $209,000 $26,700 $182,300
2017 $2,948 $209,000 $26,700 $182,300
2016 $3,311 $209,000 $26,700 $182,300
2015 $3,194 $209,000 $26,700 $182,300
2014 $3,194 $209,000 $26,700 $182,300
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1629911

Maine Listings
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