58 Greenwood Ave Skowhegan, ME 04976
Estimated payment $2,326/month
Highlights
- Deck
- Corner Lot
- Bathtub
- Main Floor Bedroom
- No HOA
- 3-minute walk to Coburn Park
About This Home
Prime Investment Opportunity - 5-Unit Apartment Building!
Discover this fantastic 5-unit apartment building situated on nearly half an acre of land. A previous owner believed there may be potential for expansion (buyer to verify). The property has undergone renovations, ensuring modern comforts for tenants.
Property Highlights:
Spacious units:
1 x 4-bedroom unit
1 x 3-bedroom unit
2 x 2-bedroom units
1 x 1-bedroom unit
Convenient location - Just a short walk to town, providing easy access to shops, dining, and local amenities.
Ample parking - Plenty of space for tenants and guests.
Flexible utilities - Currently, the seller covers heating costs, but this could be adjusted for several units.
Don't miss out on this incredible investment opportunity! Contact us today for more details or to schedule a viewing.
Listing Agent
Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: melissabartlett@masiello.com Listed on: 03/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,770
Year Built
- Built in 1968
Lot Details
- 0.45 Acre Lot
- Corner Lot
- Level Lot
- Open Lot
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 5,434 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 5 Full Bathrooms
- Bathtub
- Shower Only
Basement
- Interior Basement Entry
- Crawl Space
Parking
- Common or Shared Parking
- Shared Driveway
- On-Site Parking
Outdoor Features
- Deck
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tax Lot 0014
- Assessor Parcel Number SKOW-000037-000000-000014
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Operating Expense $23,106
- Gross Income $73,200
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 | $4,770 | $264,000 | $36,600 | $227,400 |
| 2023 | $4,678 | $264,000 | $36,600 | $227,400 |
| 2022 | $3,744 | $214,200 | $25,700 | $188,500 |
| 2021 | $3,431 | $187,000 | $25,700 | $161,300 |
| 2020 | $3,366 | $187,000 | $25,700 | $161,300 |
| 2019 | $3,224 | $187,000 | $25,700 | $161,300 |
| 2018 | $3,403 | $187,000 | $25,700 | $161,300 |
| 2017 | $3,740 | $187,000 | $25,700 | $161,300 |
| 2016 | $3,410 | $179,100 | $14,000 | $165,100 |
| 2015 | $3,278 | $179,100 | $14,000 | $165,100 |
| 2014 | $3,072 | $179,100 | $14,000 | $165,100 |
| 2013 | -- | $179,100 | $14,000 | $165,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Price Changed | $365,000 | -2.7% | $67 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $375,000 | +13.6% | $69 / Sq Ft |
| 03/25/2024 03/25/24 | Sold | $330,000 | -5.7% | $61 / Sq Ft |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- |
| 11/26/2023 11/26/23 | For Sale | $350,000 | +16.7% | $65 / Sq Ft |
| 06/24/2022 06/24/22 | Sold | $300,000 | -33.3% | $56 / Sq Ft |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $450,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | None Available | |
| Warranty Deed | $300,000 | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $247,500 | Purchase Money Mortgage | |
| Previous Owner | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $3,100,000 | Commercial | |
| Previous Owner | $23,500,000 | Commercial | |
| Previous Owner | $2,350,000 | Commercial | |
| Previous Owner | $125,000 | Commercial |
Source: Maine Listings
MLS Number: 1617266
APN: SKOW-000037-000000-000014
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.
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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
- M33 L94-1 (Lot 17) Reed St
- M33 L94-1 (Lot 17 & 18) Reed St
- 36 Saint Mark St
- 55 Beech St
- 257 North Ave
- 50 Hanover St
- 106 Russell Rd
- 19 Prospect St
- M1 L27 North Ave
- 157 Madison Ave
- 86 North Ave
- 18 Maple St
- 13 Maple St
- 131 Madison Ave
- M4 L7-5 Lakewood Rd
- 25 Winter St
- 17 Heselton St
- 23 Bennett Ave
- 17 Bennett Ave
- 346 Water St
- 23 Wilson St Unit 1
- 7 Island Ave
- 13 Center St Unit 5
- 72 Park Dr
- 1284 Hill Rd
- 50 Mountain Ave
- 163 Warren Hill Rd
- 172 College Ave Unit 2
- 1 Collins St Unit 1
- 221 Mountain Rd Unit A
- 131 College Unit 1
- 15 Donald St
- 86 College Ave Unit 3
- 112 H St
- 5 Edwards St Unit 1
- 112 G St
- 102 G St
- 13 Pleasant Place Unit 3
- 13 Winter St Unit 1
- 198 Waverly St Unit 1