$450,000
SOLD APR 24, 2025
-- Bed
4 Baths
2,500 Sq Ft
1.63 Acres

Recently Sold

$180 Per Sq Ft

6% Below List Price

90 Days on Market

Highlights

  • Nearby Water Access
  • Contemporary Architecture
  • Corner Lot
  • 1.63 Acre Lot
  • 1 Fireplace
  • No HOA

About This Home

As of April 2025

Prime investment opportunity in the heart of Bridgton! This fully occupied four-unit property is just steps from Bridgton's vibrant downtown—restaurants, charming shops, a cozy bookstore, and even a movie theater are all within walking distance. With dependable tenants and strong rental income, it's a smart way to grow your portfolio or offset your mortgage by living in one unit while the others pay the bills. Plus, the 1.63-acre lot offers exciting potential to expand with an additional dwelling or multifamily unit (subject to CEO approval). Don't miss this chance to own a versatile property in a thriving location!

Last Agent to Sell the Property

Mick Early

The Lakes Real Estate

The Lakes Real Estate

Last Buyer's Agent

Anne Plummer-Legere

Maine Real Estate Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1932

Lot Details

  • 1.63 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,500 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Shed

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Air Conditioning
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number BRGT-000028-000000-000027

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • Pets Allowed
  • Pet Restriction

Building Details

  • Operating Expense $9,800
  • Gross Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,254

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.63
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Other, Contemporary
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1932
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 1.63
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2500.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 43800.0
  • Income Expenses Operating Expenses: 9800.0
  • Sewer:Private Sewer: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Recreational Water:Nearby: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 3
  • Restrictions:Pet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior, Partial, Unfinished
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Open, Corner Lot, Level, Intown, Near Golf Course, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 71002.8
  • Parcel #: BRGT-000028-000000-000027
  • Zoning: Res

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43800.0
  • Annual Operating Expense: 9800.0

Tax Info

  • Tax Annual Amount: 3254.0
  • Tax Book Number: 30264
  • Tax Lot: 27
  • Tax Map Number: 28
  • Tax Year: 2024

Map

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 Change Sq Ft Price
04/24/2025 04/24/25 Sold $450,000 -6.3% $180 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $480,000 0.0% $192 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/14/2024 12/14/24 For Sale $480,000 +263.6% $192 / Sq Ft
12/28/2012 12/28/12 Sold $132,000 -11.4% $53 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $149,000 -- $60 / Sq Ft
Source: Maine Listings

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 $3,254 $190,822 $37,260 $153,562
2023 $3,282 $190,822 $37,260 $153,562
2022 $2,900 $190,822 $37,260 $153,562
2021 $2,824 $190,822 $37,260 $153,562
2020 $2,853 $190,822 $37,260 $153,562
2019 $2,862 $190,822 $37,260 $153,562
2018 $2,824 $190,822 $37,260 $153,562
2017 $2,920 $190,822 $37,260 $153,562
2016 $2,834 $190,822 $37,260 $153,562
2015 -- $218,567 $47,150 $171,417
2014 $3,073 $218,567 $47,150 $171,417
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $45,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: Maine Listings

MLS Number: 1611194

Maine Listings

APN: BRGT-000028-000000-000027