$499,000
PENDING

29 Bellevue St Winslow, ME 04901

Estimated payment $2,932/month

Total Views 1,080
-- Bed
6 Baths
3,528 Sq Ft
$141 Price per Sq Ft

Highlights

  • Wood Flooring
  • Screened Porch
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • Asbestos

About This Home

Six units, all offering 2 bedrooms each. Money maker with a cap rate of 11.64. Two new 50 gallon heat pump water heaters installed in 2019. New vinyl windows 2019.Substantial foundation and drainage renovations in 2021. All apartments renovated and electrical and plumbing upgrades have been ongoing since 2019. Hard wired smoke detectors in 2019. The furnace was not used for 6 years in another location then moved here in 2019. Washer and Dryer hookup ups in each unit. Some siding pieces are needed and the metal roof needs paint, but otherwise the building is in good condition. Management of the building is in place if you would like to keep it going. Again a money maker!!! The seller needs to sell 17 Veterans Court, Waterville (a 5 unit with great income also, in order to do a 1031 Exchange. Again a money maker!

Listing Agent

Stephen Morgan

Maine Real Estate Pros Listed on: 10/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,627

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 3,528 Sq Ft Home
  • 3-Story Property
  • Screened Porch

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number WINS-000017-000000-000063

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $18,138
  • Gross Income $776,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,627

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • MLS Status: Pending
  • Directions: From Waterville cross bridge into Winslow straight up the hill then first right onto Monument St. Past St. John's right onto Bellevue
  • Above Grade Finished Sq Ft: 3528.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3528.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 776500.0
  • Income Expenses Operating Expenses: 18138.0
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Heat Pump2: Yes
  • Exterior:Asbestos: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Interior, Walk-Out Access, Dirt Floor, Full, Unfinished
  • Full Bathrooms: 6
  • Flooring: Wood, Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed, Screened
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Baseboard
  • 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: 12196.8
  • Parcel #: WINS-000017-000000-000063
  • Zoning: MFR

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 776500.0
  • Annual Operating Expense: 18138.0

Tax Info

  • Tax Annual Amount: 3627.0
  • Tax Lot: 63
  • 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 List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 Pending -- -- --
10/06/2025 10/06/25 For Sale $499,000 +211.9% $141 / Sq Ft
04/19/2019 04/19/19 Sold $160,000 +6.7% $45 / Sq Ft View Prior Sale
04/04/2019 04/04/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $149,900 -- $42 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1639898

Maine Listings