NOT LISTED FOR SALE
-- Bed
6 Baths
4,165 Sq Ft
9,583 Sq Ft Lot

Last Sold March 23, 2023

Last sale price $475,000 $114 Per Sq Ft

114 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Baseboard Heating
  • Property is near public transit
  • No HOA
  • Wood Siding

About This Home

As of March 2023

Significant price decrease!
Looking for an ideal investment opportunity in a perfect location near the Saco River? Earn valuable rental income from this 6-unit apartment complex with all but one unit currently occupied. This unit is currently getting a face lift, almost complete, with beautiful new cabinetry and flooring. This property is in walking distance to boundless restaurants, shopping excursions, and easy access to reliable transportation! Off street parking available as well.

Check out this great opportunity!

Please not this is also listed as a multifamily sale MLS #1541422

Last Listed By

Brittney Barr

Landing Real Estate Listed on: 08/29/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,190

Year Built

  • Built in 1900

Lot Details

  • 9,583

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 4,165 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Brick Basement

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Internet Available

Additional Features

  • Deck
  • 9,583 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number BIDD-000037-000000-000037

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $19,162
  • Gross Income $68,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,190

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly.
  • Above Grade Finished Sq Ft: 4165.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4165.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 68940.0
  • Income Expenses Operating Expenses: 19162.0
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Bank Owned REO: No
  • Roof:Membrane: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Brick/Mortar, Walk-Out Access, Unfinished
  • Full Bathrooms: 6
  • Flooring: Vinyl, Laminate, Carpet

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Membrane, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 9583.2
  • Parcel #: BIDD-000037-000000-000037
  • Zoning: B1

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 68940.0
  • Annual Operating Expense: 19162.0

Tax Info

  • Tax Annual Amount: 7190.0
  • Tax Book Number: 14545
  • Tax Lot: 37
  • Tax Map Number: 37
  • Tax Year: 2021

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 Change Sq Ft Price
03/23/2023 03/23/23 Sold $475,000 -17.4% $114 / Sq Ft
11/16/2022 11/16/22 Price Changed $575,000 -4.0% $138 / Sq Ft
10/26/2022 10/26/22 Price Changed $599,000 -7.8% $144 / Sq Ft
08/29/2022 08/29/22 For Sale $650,000 -- $156 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1541420

Maine Listings