NOT LISTED FOR SALE

529 Main St Fryeburg, ME 04037

4 Beds
9 Baths
6,320 Sq Ft
0.51 Acres

Last Sold May 15, 2024

Last sale price $710,000 $112 Per Sq Ft

111 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Wood Flooring
  • The property is located in a historic district
  • Wooded Lot
  • 4-minute walk to Pine Hill

About This Home

As of May 2024

Explore boundless possibilities in this captivating 1805 home—a former inn, now configured as a single-family residence with four additional rental units. Offering versatility, the property seamlessly combines historical charm with modern living. Situated in close proximity to shops, restaurants, and nature, it provides unmatched convenience. Just under half a mile away, highly regarded Fryeburg Academy awaits. Also just minutes to 15 minutes to North Conway.

Five total units, comprising two two-bedroom apartments, one one-bedroom apartment, a studio, and a four-bedroom home, this property stands as a testament to adaptability. All units have been occupied, generating an annual income exceeding $100,000. The strategic options for the new owner are diverse—lease the entire property, reside in the main home or one of the units, pursue annual or short-term rentals—the choice is yours. Notably, four units have recently undergone significant updates and come furnished (even the four bedroom home with all that amazing period furniture and curated arcade games), enhancing the overall appeal and immediate functionality of the investment.

Last Agent to Sell the Property

Michael Hamilton

Keller Williams Realty Listed on: 12/11/2023

Keller Williams Realty

Co-Listed By

Ian Dixon

Keller Williams Realty

Last Buyer's Agent

Janet McMahon

603 Redstone Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,390

Year Built

  • Built in 1805

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Mountain

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6,320 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 3 Fireplaces
  • Screened Porch
  • Stove
  • Attic

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Oil Water Heater
  • Septic System
  • Private Sewer
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 51 / 51
  • Assessor Parcel Number FRYE-000041-000000-000051

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $26,003
  • Gross Income $100,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,390

Year Built

Built in 1805

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6320.0
  • Architectural Style: New Englander, Other Style
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1805
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 6320.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 100200.0
  • Income Expenses Operating Expenses: 26003.0
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Location:Historic District: Yes
  • Building Info:_pound_ Fireplaces3: 3
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Wood2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • View:Mountain(s): Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Heat System:Radiator: Yes
  • Equipment:DSL: Yes
  • Style:New Englander: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Interior Entry, Unfinished
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile, Other, Laminate
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Wooded, Historic District, Intown, Near Shopping
  • View: Trees/Woods, Mountain(s)
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Slab
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Steam, Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 72/MSAD 72

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: FRYE-000041-000000-000051
  • Zoning: Village Commercial

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 100200.0
  • Annual Operating Expense: 26003.0

Tax Info

  • Tax Annual Amount: 6390.0
  • Tax Block: 51
  • Tax Book Number: 5725
  • Tax Lot: 51
  • Tax Map Number: 41
  • 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
05/15/2024 05/15/24 Sold $710,000 -9.0% $112 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $779,900 +60.8% $123 / Sq Ft
11/01/2022 11/01/22 Sold $485,000 -11.8% $77 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $550,000 -- $87 / 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: 1578974

Maine Listings