NOT LISTED FOR SALE
-- Bed
4 Baths
2,624 Sq Ft
5,227 Sq Ft Lot

Last Sold December 07, 2023

Last sale price $410,000 $156 Per Sq Ft

2 Days on Market

Highlights

  • New Englander Architecture
  • Cooling Available
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • 5-minute walk to Coe Park

About This Home

As of December 2023

INVESTORS! This 4 unit building is ready to go with 4 out of the 4 units rented. This building boasts two heat pumps, newer siding, newer shingles, 5 meters so you are not responsible for electricity. Two of these units were recently renovated. A brand new boiler was installed this year, as well as 4 new heat pump water heaters. A new coin-op washer and dryer was also installed. Conveniently located close to downtown. Good tenants, two of which have been there 10+ years. All of the big items have been taken care of you, so sit back and enjoy income. Broker owned.

Last Agent to Sell the Property

McKenzie Goulet

EXP Realty Listed on: 10/30/2023

EXP Realty

Last Buyer's Agent

Lewis Morris Nicole Drake

NextHome Experience

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced

Home Design

  • 2,624 Sq Ft Home
  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 4 Full Bathrooms
  • Laundry on main level
  • Energy-Efficient Thermostat

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number BANG-000033-000000-000037

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $10,300
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,227

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2624.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Thermostat
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2624.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 50400.0
  • Income Expenses Operating Expenses: 10300.0
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Gas:Natural - At Street: Yes
  • Water Heater:Heat Pump2: Yes
  • Style:New Englander: Yes
  • Amenities:Laundry - Coin: Yes
  • Heat System:Zoned: Yes
  • Energy Efficiency Thermostat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Dirt Floor, Full
  • Full Bathrooms: 4
  • Flooring: Vinyl, Other, Carpet
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Laundry - Coin
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Zoned, Heat Pump, 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: 5227.2
  • Parcel #: BANG-000033-000000-000037
  • Zoning: R-14

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 50400.0
  • Annual Operating Expense: 10300.0

Tax Info

  • Tax Annual Amount: 3227.0
  • Tax Book Number: 16772
  • Tax Lot: 37
  • Tax Map Number: 33
  • Tax Year: 2022

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
12/07/2023 12/07/23 Sold $410,000 -3.5% $156 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $425,000 +60.4% $162 / Sq Ft
03/10/2023 03/10/23 Sold $265,000 -3.6% $101 / Sq Ft View Prior Sale
02/17/2023 02/17/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $274,900 +46.6% $105 / Sq Ft
09/06/2019 09/06/19 Sold $187,500 -10.7% $71 / Sq Ft View Prior Sale
07/31/2019 07/31/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $210,000 -- $80 / 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: 1576227

Maine Listings