Seller's Agent in 2025
Stephen Morgan
Maine Real Estate Pros
(207) 754-2773
3 in this area
92 Total Sales
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!
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | Sold | $447,270 | -10.4% | $127 / Sq Ft | |
| 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 |
| 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 | $3,627 | $241,800 | $22,100 | $219,700 |
| 2023 | $2,973 | $198,200 | $22,100 | $176,100 |
| 2022 | $4,268 | $201,300 | $20,200 | $181,100 |
| 2021 | $3,943 | $195,200 | $20,200 | $175,000 |
| 2020 | $3,674 | $195,200 | $20,200 | $175,000 |
| 2019 | $3,639 | $195,200 | $20,200 | $175,000 |
| 2018 | $3,448 | $195,200 | $20,200 | $175,000 |
| 2017 | $3,217 | $192,200 | $20,200 | $172,000 |
| 2016 | $3,025 | $192,200 | $20,200 | $172,000 |
| 2014 | $2,979 | $192,200 | $20,200 | $172,000 |
Seller's Agent in 2025
Stephen Morgan
Maine Real Estate Pros
(207) 754-2773
3 in this area
92 Total Sales
J
Buyer's Agent in 2025
Jason Erwin
EXP Realty
(978) 407-3255
2 in this area
29 Total Sales
R
Buyer Co-Listing Agent in 2025
Rylee Knox
EXP Realty
(207) 240-2446
5 in this area
118 Total Sales
L
Seller's Agent in 2019
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings
MLS Number: 1639898
Ask me questions while you tour the home.