NOT LISTED FOR SALE
-- Bed
20 Baths
20,064 Sq Ft
0.48 Acres

Last Sold August 11, 2021

Last sale price $2,400,000 $120 Per Sq Ft

129 Days on Market

Highlights

  • 0.48 Acre Lot
  • No HOA
  • Heating System Uses Oil
  • Wood Flooring
  • Level Lot
  • 4-minute walk to Mechanics Park

About This Home

As of August 2021

22 UNIT MULTI-FAMILY PORTFOLIO
Five buildings on separate lots
Includes one parking lot
Meticulously maintained turnkey apartments
Great locations, close to downtown, Saco River and Clifford Park
Offered as a package
SALE PRICE: $2,500,000

Last Agent to Sell the Property

Brandon Mitchell

Malone Commercial Brokers, Inc. Listed on: 04/01/2021

Last Buyer's Agent

Tyler Fournier

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,716

Year Built

  • Built in 1930

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 20 Full Bathrooms
  • 20,064 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Laminate

Parking

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number BIDD-000041-000000-000084

Community Details

Overview

  • No Home Owners Association
  • 22 Units

Building Details

  • Operating Expense $89,141
  • Gross Income $260,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,716

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 20064.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 124.6
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 20.0
  • Property Information:SqFt Finished Above Grade: 20064.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 22
  • Income Expenses Gross Income: 260736.0
  • Income Expenses Operating Expenses: 89141.0
  • Style:Multi-Level: Yes
  • Parking:Off Site: Yes
  • Water Heater:Oil2: Yes
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Advertising Remarks:Advertising Remarks: 22 UNIT MULTI-FAMILY PORTFOLIO Five buildings on separate lots Includes one parking lot Meticulously maintained turnkey apartments Great locations, close to downtown, Saco River and Clifford Park Offered as a package SALE PRICE: $2,500,000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Other, Not Applicable
  • Full Bathrooms: 20
  • Flooring: Wood, Laminate

Exterior Features

  • Lot Features: Level, Open Lot, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, Off Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System
  • Heating Yn: Yes
  • Electric: Other Electric
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.8
  • Parcel #: BIDD-000041-000000-000084
  • Zoning: R2

Multi Family

  • Number Of Units Total: 22
  • Annual Gross Income: 260736.0
  • Annual Operating Expense: 89141.0

Tax Info

  • Tax Annual Amount: 25716.14
  • Tax Lot: 84
  • Tax Year: 2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/11/2021 08/11/21 Sold $2,400,000 -4.0% $120 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $2,500,000 -- $125 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1486145

Maine Listings