$499,900

51 Bowdoin St Winthrop, ME 04364

Estimated payment $3,132/month

Total Views 30
-- Bed
6 Baths
5,914 Sq Ft
$85 Price per Sq Ft

Highlights

  • Deck
  • New Englander Architecture
  • Shed
  • Winthrop Middle School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

Excellent investment opportunity! This strong income-producing 6-unit property offers an outstanding rental history and a desirable unit mix including (3) three-bedroom units, (2) two-bedroom units, and (1) one-bedroom unit. The building has seen updates over time and is in solid overall condition. Conveniently located within walking distance to many area amenities, with close proximity to the public beach and boat launch on Maranacook Lake.

Listing Agent

Brian Rizzo

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 03/24/2026

Co-Listing Agent

Cameron Rizzo

Rizzo Mattson Brokerage Phone: 207-622-9000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • New Englander Architecture
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 6 Full Bathrooms
  • 5,914 Sq Ft Home
  • 3-Story Property
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number WINP-000031-000000-000042

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $27,627
  • Gross Income $55,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,027

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Co List Office Phone: 207-622-9000
  • MLS Status: Active
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 5914.0
  • Architectural Style: New Englander, Other
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-622-9000
  • Contract Information:List PriceSqFt: 84.53
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Interior Entry
  • Full Bathrooms: 6
  • Flooring: Carpet, Laminate, Other, Vinyl, Linoleum
  • Stories: 3

Exterior Features

  • Waterfront: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch-Screened
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Direct Vent Heater, Hot Water
  • 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 #: WINP-000031-000000-000042
  • Zoning: Gen Res

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 55900.0
  • Annual Operating Expense: 27627.0

Tax Info

  • Tax Annual Amount: 6027.0
  • Tax Lot: 42
  • Tax Year: 2025

Map

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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
2025 $6,027 $260,900 $23,400 $237,500
2024 $6,027 $260,900 $23,400 $237,500
2022 $5,680 $260,900 $23,400 $237,500
2021 $5,361 $260,900 $23,400 $237,500
2020 $5,388 $260,900 $23,400 $237,500
2019 $5,283 $260,900 $23,400 $237,500
2018 $4,777 $260,900 $23,400 $237,500
2017 $4,469 $260,900 $23,400 $237,500
2016 $4,133 $260,900 $23,400 $237,500
2015 $3,987 $260,900 $23,400 $237,500
2014 $3,987 $260,900 $23,400 $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 For Sale $499,900 -- $85 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1655171

Maine Listings
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