42 Front St Sumner, ME 04292
Estimated payment $965/month
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating System
- New Englander Architecture
About This Home
Don't miss this rare opportunity to own a thoughtfully updated and historically significant 3-unit building in the heart of Sumner. Once serving as the town's post office, this well-known Front Street landmark blends timeless character with modern convenience—ideal for investors or owner-occupants alike. Each of the three units features its own separate meter and a brand-new, energy-efficient heating system. Major updates throughout the building include a new roof and updated windows, ensuring long-term comfort and reduced maintenance costs. The spacious top-floor unit offers generous living space and is large enough to accommodate a family comfortably—perfect for owner-occupancy or generating strong rental income. With thoughtful updates and historical charm, this property stands out as a turnkey investment in a prime location. Whether you're looking to expand your rental portfolio or live in one unit while offsetting your mortgage with rental income from the others, this versatile property checks all the boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,794
Year Built
- Built in 1860
Home Design
- 1,635 Sq Ft Home
- New Englander Architecture
- Shingle Roof
Flooring
- Wood
- Carpet
- Laminate
Utilities
- No Cooling
- Forced Air Heating System
- Private Water Source
- Private Sewer
Additional Features
- 3 Full Bathrooms
- 7,841 Sq Ft Lot
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number SUMN-000003-000000-000043U
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $3,462
- Gross Income $7,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,794 | $138,032 | $31,680 | $106,352 |
| 2023 | $1,379 | $65,333 | $19,520 | $45,813 |
| 2022 | $1,349 | $65,333 | $19,520 | $45,813 |
| 2021 | $1,349 | $65,333 | $19,520 | $45,813 |
| 2020 | $1,349 | $65,333 | $19,520 | $45,813 |
| 2019 | $1,330 | $65,333 | $19,520 | $45,813 |
| 2018 | $1,261 | $65,333 | $19,520 | $45,813 |
| 2017 | $730 | $39,881 | $19,520 | $20,361 |
| 2016 | $676 | $39,881 | $19,520 | $20,361 |
| 2015 | $654 | $39,881 | $19,520 | $20,361 |
| 2014 | $638 | $39,881 | $19,520 | $20,361 |
| 2013 | $626 | $39,881 | $19,520 | $20,361 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $155,000 | -8.8% | $95 / Sq Ft | |
| 05/20/2025 05/20/25 | Price Changed | $170,000 | -8.6% | $104 / Sq Ft | |
| 04/18/2025 04/18/25 | For Sale | $186,000 | +431.4% | $114 / Sq Ft | |
| 12/17/2018 12/17/18 | Sold | $35,000 | -17.6% | $32 / Sq Ft | View Prior Sale |
| 09/27/2018 09/27/18 | Pending | -- | -- | -- | |
| 06/12/2018 06/12/18 | For Sale | $42,500 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | No Value Available |
Source: Maine Listings
MLS Number: 1619527
APN: SUMN-000003-000000-000043U
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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