$605,000
SOLD SEP 26, 2024

49 Foster St Ellsworth, ME 04605

-- Bed
6 Baths
3,276 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • View of Trees or Woods
  • Bathtub
  • Level Lot
  • No HOA
  • Landscaped
  • Heating System Uses Propane

About This Home

As of September 2024

INVESTORS take notice. Very Well maintained 6 Unit building, all 1 bedroom/1 bath units. Conveniently located within walking distance to Ellsworth shopping, grocery, restaurants and other amenities. Great CASHFLOW as-is, being utilized for longer term tenants but only 15 miles from Acadia National Park/MDI makes it a great opportunity to create a Short Term Rental business if desired.

Proximity to Major Employers: Just 1.1 miles from Maine Coast Memorial Hospital and 1.5 miles from Jackson Laboratory, making it an excellent option for mid-term rentals to professionals such as nurses, doctors, and scientists on traveling assignments.

This property offers multiple revenue streams and exceptional potential for growth. DON'T MISS OUT on the chance to invest in a thriving area with strong demand for rental properties.
*****OPEN SHOWINGS/HOUSE MONDAY AUGUST 26TH 11:30am to 1:30pm******

Last Agent to Sell the Property

Stephanie Henry

NextHome Experience Listed on: 08/22/2024

NextHome Experience

Last Buyer's Agent

Lewis Morris Nicole Drake

NextHome Experience

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1972

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Laminate Flooring
  • Views of Woods

Bedrooms and Bathrooms

  • 6 Full Bathrooms
  • Bathtub
  • Shower Only

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number ELLH-000131-000010

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $19,596
  • Gross Income $75,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Rt. 1A/High St. Turn right on Foster St. Property is located on the left. Sign is up.
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1972
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2160.0
  • Property Information:SqFt Finished Below Grade: 1116.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 75096.0
  • Income Expenses Operating Expenses: 19596.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Sump Pump
  • Full Bathrooms: 6
  • Below Grade Sq Ft: 1116.0
  • Flooring: Laminate
  • Interior Amenities: Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Shopping
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System
  • 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: 10018.8
  • Parcel #: ELLH-000131-000010
  • Zoning: DT

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 75096.0
  • Annual Operating Expense: 19596.0

Tax Info

  • Tax Annual Amount: 5292.0
  • Tax Book Number: 7069
  • Tax Lot: 10
  • Tax Map Number: 131
  • Tax Year: 2023

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
09/26/2024 09/26/24 Sold $605,000 +0.8% $185 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $599,950 +71.9% $183 / Sq Ft
10/29/2020 10/29/20 Sold $349,000 +2.9% $107 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $339,000 -- $103 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stephanie Henry

    Seller's Agent in 2024

    Stephanie Henry

    NextHome Experience

    (207) 852-0521

    103 Total Sales

    Section Image
  • Lewis Morris Nicole Drake

    Buyer's Agent in 2024

    Lewis Morris Nicole Drake

    NextHome Experience

    (207) 343-0143

    337 Total Sales

    Section Image
  • Dan Sargent

    Seller's Agent in 2020

    Dan Sargent

    Sargent Real Estate

    (207) 266-8080

    135 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1601336

Maine Listings

Maine Hancock County Ellsworth 04605

49 Foster St, Ellsworth, ME

This home is located at 49 Foster St, Ellsworth, ME 04605 and is currently priced at $605,000, approximately $184 per square foot. This property was built in 1972. 49 Foster St is a home located in Hancock County with nearby schools including Sumner Memorial High School and Acadia Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings 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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