$530,000

346 Water St Skowhegan, ME 04976

Estimated payment $3,208/month

-- Bed
3 Baths
3,437 Sq Ft
$154 Price per Sq Ft

Highlights

  • Deck
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Victorian Architecture
  • Air Conditioning

About This Home

Great investment opportunity in the heart of Skowhegan. This 10 bedroom property is currently operated as weekly bedroom rentals. Shared common areas include full kitchen, living room, 3 full bathrooms, laundry room, enclosed porch and side yard. Rooms are fully furnished and include tv and mini fridge. Current rents include all utilities, cable, internet, laundry, trash, linens, towels and cleaning service. Ample paved parking provides room for each tenant to have a space. This flexible rental opportunity serves everyone from a quick stay over in town to longer term stays for work or other purposes. Call for more information.

Last Listed By

Kily Hilton

Taylor Realty, Inc. Listed on: 05/29/2025

Taylor Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1886

Lot Details

  • 0.54 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • 3,437 Sq Ft Home
  • Victorian Architecture
  • Rooming House
  • Concrete Foundation
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Roll-in Shower
  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Utilities

  • Air Conditioning
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Additional Features

  • Laundry on main level
  • City Lot

Listing and Financial Details

  • Tax Lot 209
  • Assessor Parcel Number SKOW-000029-000000-000209

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $39,768
  • Gross Income $115,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,742

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.54
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Less than 1/2 mile from downtown Skowhegan. Heading east on Water St/Route 2, property on left.
  • Above Grade Finished Sq Ft: 3437.0
  • Architectural Style: Rooming House, Victorian
  • Garage Yn: No
  • Year Built: 1886
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.54
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3437.0
  • 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 System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: 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
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 10
  • Income Expenses Gross Income: 115200.0
  • Income Expenses Operating Expenses: 39768.0
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Foundation Materials:Granite2: Yes
  • Cooling:AC Units: Yes
  • Accessibilitiy Amenities:Roll-in Shower: Yes
  • Style:Rooming House: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Accessibility Features: Accessible Approach with Ramp, Roll-in Shower
  • Has Basement: Interior, Full, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Pantry
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Slab
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • 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: 23522.4
  • Parcel #: SKOW-000029-000000-000209
  • Zoning: None

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 115200.0
  • Annual Operating Expense: 39768.0

Tax Info

  • Tax Annual Amount: 4742.0
  • Tax Book Number: 6051
  • Tax Lot: 209
  • Tax Map Number: 29
  • Tax Year: 2025

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 $4,742 $262,400 $27,000 $235,400
2023 $2,767 $262,400 $27,000 $235,400
2022 $0 $190,900 $18,900 $172,000
2021 $0 $174,300 $18,900 $155,400
2020 $0 $160,500 $18,900 $141,600
2019 $2,767 $160,500 $18,900 $141,600
2018 $2,921 $160,500 $18,900 $141,600
2017 $3,210 $160,500 $18,900 $141,600
2016 $3,791 $199,100 $22,100 $177,000
2015 $3,644 $199,100 $0 $0
2014 $3,415 $199,100 $22,100 $177,000
2013 -- $199,100 $22,100 $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $530,000 -- $154 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $222,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,600 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1624413

Maine Listings

APN: SKOW-000029-000000-000209