NOT LISTED FOR SALE

278-282 Main St Old Town, ME 04468

-- Bed
4 Baths
3,944 Sq Ft
2,178 Sq Ft Lot

Last Sold January 06, 2021

Last sale price $235,000 $60 Per Sq Ft

4 Days on Market

Highlights

  • Federal Architecture
  • Baseboard Heating
  • Level Lot
  • No HOA
  • High Speed Internet
  • 2-minute walk to Old Town Park

About This Home

As of January 2021

Great opportunity to own a 4 Unit! Two retail/ office/commercial spaces street level with two apartments above. No maintenance needed with all the recent updates: natural gas condensing boiler 3 years old, siding, sprinklers, and new roof. Apartments have both been updated with laminate flooring windows, new baths, and kitchens.

Last Agent to Sell the Property

Robin Wellman

Keller Williams Realty Listed on: 11/06/2020

Keller Williams Realty

Last Buyer's Agent

Gwyneth Freeman

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,812

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • No Driveway

Home Design

  • 3,944 Sq Ft Home
  • Federal Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Internet Available

Additional Features

  • City Lot

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number OLDN-000026-000000-000007

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $8,543
  • Gross Income $34,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,812

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take I 95 to old town exit #193 turn right onto Stillwater avenue for 3.3 miles at light for Main street turn left property on the right. Penobscot Times is located street level.
  • Above Grade Finished Sq Ft: 3944.0
  • Architectural Style: Federal
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3944.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 34540.0
  • Income Expenses Operating Expenses: 8543.0
  • Equipment:Internet Access Available: Yes
  • Driveway:No Driveway: Yes
  • Parking:No Parking: Yes
  • Style:Federal: Yes
  • Equipment:DSL: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None

Utilities

  • 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: 2178.0
  • Parcel #: OLDN-000026-000000-000007
  • Zoning: commercial

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 34540.0
  • Annual Operating Expense: 8543.0

Tax Info

  • Tax Annual Amount: 2812.0
  • Tax Book Number: 12279
  • Tax Lot: 7
  • Tax Map Number: 26
  • Tax Year: 2019

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
01/06/2021 01/06/21 Sold $235,000 -2.1% $60 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $240,000 -- $61 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robin Wellman

    Seller's Agent in 2021

    Robin Wellman

    Keller Williams Realty

    (207) 879-9800

    84 Total Sales

    Section Image

  • G

    Buyer's Agent in 2021

    Gwyneth Freeman

    Better Homes & Gardens Real Estate/The Masiello Group

    Section Image
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Map

Source: Maine Listings

MLS Number: 1475293

Maine Listings

Maine Penobscot County Old Town 04468

278-282 Main St, Old Town, ME

This home is located at 278-282 Main St, Old Town, ME 04468 since 06 November 2020. This property was built in 1900. 278-282 Main St is a home located in Penobscot County with nearby schools including Old Town Elementary School, Leonard Middle School, and Old Town High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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