NOT LISTED FOR SALE

7 Mill St Springvale, ME 04083

-- Bed
6 Baths
7,921 Sq Ft
0.66 Acres

Last Sold April 30, 2019

Last sale price $325,000 $41 Per Sq Ft

150 Days on Market

Highlights

  • 269 Feet of Waterfront
  • Post and Beam
  • No HOA
  • 0.66 Acre Lot
  • Wood Flooring
  • 1-minute walk to Pence Park

About This Home

As of April 2019

Welcome to The River's Edge Apartments. This could be the investment you are looking for. Located on the Mousam River, this building has five large modern apartments producing over 60k in rental income and featuring laundry rooms, oversized living areas, dishwashers, plus outside deck and recreation space. Fantastic opportunity for the owner occupant.

Last Agent to Sell the Property

Tucker Smith

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 06/04/2018

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Tucker Smith

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 06/04/2018

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 1864

Lot Details

  • 0.66 Acre Lot
  • 269 Feet of Waterfront
  • River Front
  • Sprinkler System

Home Design

  • Post and Beam
  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Membrane Roofing
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 6 Full Bathrooms
  • 7,921 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number SANF-000006-K000015

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,657

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.66
  • Water Body Name: Mousam
  • MLS Status: Closed
  • Directions: Main St.(Rt 109) to Springvale. Right onto Mill Street.
  • Above Grade Finished Sq Ft: 7921.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1864
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.66
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 7921.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 5
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 62000.0
  • Parking:On Site2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Water Info:Waterfront Amount -: 269.0
  • Water Info:Water Frontage Owned -: 269.0
  • Driveway:Gravel: Yes
  • Water Heater:Oil2: Yes
  • Heat System:Direct Vent Heater: Yes
  • Construction:Post Beam: Yes
  • Roof:Membrane: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Clapboard, Post & Beam, Wood Frame
  • Roof: Composition, Flat, Membrane, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler, Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Forced Air, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28749.6
  • Parcel #: SANF-000006-K000015
  • Zoning: UB

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 62000.0

Tax Info

  • Tax Annual Amount: 3657.0
  • Tax Book Number: 11692
  • Tax Lot: 006
  • Tax Map Number: k15
  • Tax Year: 2018

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
04/30/2019 04/30/19 Sold $325,000 -7.1% $41 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $350,000 -- $44 / 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: 1353888

Maine Listings