$360,000
$39K PRICE DROP

342 Main St Bingham, ME 04920

Estimated payment $2,432/month

Total Views 3,952
-- Bed
7 Baths
6,940 Sq Ft
$52 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Zoned Heating System
  • Level Lot
  • Storm Windows
  • Baseboard Heating
  • Community Storage Space

About This Home

Investors take notice! This is a nicely maintained in- town location housing a 7 unit apartment building. All units are currently rented. New windows installed in 2023 and a new roof in 2018.

Listing Agent

Angela ONeill

Whittemore's Real Estate Listed on: 04/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,459

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Radon Mitigation System
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 6,940 Sq Ft Home
  • Multi-Level Property
  • Laminate Flooring
  • Storm Windows

Bedrooms and Bathrooms

  • 7 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • No Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number BING-000005-000000-000049

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $40,750
  • Gross Income $80,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,459

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Take route 201 North through Solon to Bingham. The property is a brick building on left.
  • Above Grade Finished Sq Ft: 6940.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 6940.0
  • Property Information:Garage: No
  • Site:Level: 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:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 7
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 80400.0
  • Income Expenses Operating Expenses: 40750.0
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Driveway:No Driveway: Yes
  • Exterior:Brick: Yes
  • Basement Entry:Exterior Only: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Roof:Flat: Yes
  • Construction:Masonry: Yes
  • Levels:Multi-Level3: Yes
  • Window Features Storm Windows2: Yes
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available, Air Radon Mitigation System
  • Has Basement: Interior, Walk-Out Access, Full, Exterior Only, Unfinished
  • Full Bathrooms: 7
  • Flooring: Laminate
  • Interior Amenities: Shower, Storage
  • Window Features: Storm Window(s)
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Brick, Masonry, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 11 - 20 Spaces, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: BING-000005-000000-000049
  • Zoning: commercial

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 80400.0
  • Annual Operating Expense: 40750.0

Tax Info

  • Tax Annual Amount: 6459.0
  • Tax Lot: 049
  • 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

Tax History

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 $6,459 $609,360 $11,520 $597,840
2021 $3,486 $200,360 $9,000 $191,360
2020 $3,466 $200,360 $9,000 $191,360
2019 $3,266 $200,360 $9,000 $191,360
2018 $3,266 $200,360 $9,000 $191,360
2017 $3,206 $200,360 $9,000 $191,360
2016 $3,506 $200,360 $9,000 $191,360
2015 $4,127 $200,360 $9,000 $191,360
2014 $4,206 $200,300 $9,000 $191,300
2013 $4,046 $200,300 $9,000 $191,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Price Changed $360,000 -9.8% $52 / Sq Ft
04/26/2025 04/26/25 For Sale $399,000 0.0% $57 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $399,000 -- $57 / Sq Ft
Source: Maine Listings

About the Listing Agent

Angela ONeill

Whittemore's Real Estate

(207) 489-6051

Section Image

About Me
With over a decade of experience in real estate, I’m proud to help clients navigate every step of buying or selling a home. After more than 10 years serving Massachusetts and the past two years focusing on the Maine market, I’ve developed a deep understanding of what makes each community unique.
Whether I’m helping sellers list their properties or guiding buyers to find their dream homes, my goal is always the same — to provide personalized service, clear communication, and

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    Welcome to this warm inviting home set back off the road, nestled in the countryside on 4.85 acres of land. ATV trails and snowmobile trails at the end of street. Enjoy the peaceful surroundings of nature on your oversized wrap around porch. The 1st floor has a living room with cathedral ceilings and a country style kitchen.Upstairs is a loft style bedroom with a shower. 2 unfinished

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  • M12 Lot 5 22, New Portland, ME 04961

    $286,000 Pending

    • Land
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    • $2,200 per Acre
    • M12 Lot 5 22
    • New Portland, ME

    Deeded right of way off School Street on well maintained gravel road that loops around both parcels containing 130 acres. Mostly wooded land consisting of 2 lots, Map 12, lot 22 with 55 acres, and lot 5 with 75 acres.There are 2 spring fed bodies of water on property. One is a man made pond about 100x100, 20 to 30 feet deep, The other is a large natural pond. There are also some mountain

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  • 98 Madison Ave, Madison, ME 04950

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  • 664 E Ridge Rd, Cornville, ME 04976

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    • 664 E Ridge Rd
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  • 385 Lucy Knowles Rd, Farmington, ME 04938

    $289,000 Under Contract

    • 2 Beds
    • 1 Bath
    • 1,028 Sq Ft
    • 385 Lucy Knowles Rd
    • Farmington, ME

    Escape to your own private oasis with this beautifully maintained 2-bedroom ranch style home nestled on 26 acres of rolling fields and natural beauty. This unique property offers the perfect blend of peaceful country living and self-sustainability.Surrounding the home are mature perennial gardens, high-bush blueberries, strawberries, and elderberry bushes, providing a lush and productive

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  • 192 Kennebec River Rd, Embden, ME 04958

    $272,500 Sold Jan 06, 2025

    • 2 Beds
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    • 192 Kennebec River Rd
    • Embden, ME

    Welcome to this turn key sparkling ranch with an abundance of sunlight. This 2 bed, 1.5 bath home offers hardwood floors throughout. Brand new windows, fully renovated kitchen, new appliances, updated electrical and plumbing.Over sized garage with drive through bay with direct access to the ATV Trail and snowmobile trail. Watch the sunset from your 3 season porch, and enjoy the beautiful

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  • 399 Horsetail Hill Rd, Madison, ME 04950

    $220,000 Sold May 28, 2025

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  • 28 Kingsbury, Wellington, ME 04942

    $175,000 Sold May 28, 2025

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    Welcome to Wellington! Come and see this turn-key camp with all the amenities you need and all the privacy you want! This camp is on a sprawling 10.32 acres on a beautifully landscaped lot. Just bring your family and friends as everything you need is here. There are also 2 RV sites. There is a concrete slab foundation designed for another cabin fully equipped with electricity, plumbing, and

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  • 332 Molunkus Rd, Cornville, ME 04976

    $240,000 Sold Sep 09, 2025

    • 3 Beds
    • 2 Baths
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    • Cornville, ME

    Welcome to this spacious, charming house that presents a fantastic opportunity for buyers seeking potential and value. This home boasts an impressive layout which is perfect for those needing extra space for in-laws or other family members. With multiple living areas, the property offers a versatile floor plan that can easily accommodate a separate in-law suite or a comfortable teen retreat.

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Source: Maine Listings

MLS Number: 1617022

Maine Listings

APN: BING-000005-000000-000049