NOT LISTED FOR SALE

7 Summer St Orono, ME 04473

-- Bed
4 Baths
-- Sq Ft
0.39 Acres

Last Sold April 02, 2018

Last sale price $203,500

12 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Zoned Heating
  • Orono Middle School Rated A
  • No HOA
  • Baseboard Heating

About This Home

As of April 2018

Don't miss this this rare opportunity to purchase a 4 unit apartment building in the center of town in Orono. Currently rented through May by students of the University of Maine. Great rental history! Short walk to all the shops and restaurants in downtown Orono. On the free bus route to take tenants around town and to the University of Maine Campus. Property consist of a studio apartment $595, a one bedroom $695, a 2 bedroom $900 and a 3 bedroom for $1200. Turn key property! New roof in fall of 2017.

Last Agent to Sell the Property

Chad Bradbury

ERA Dawson-Bradford Co. Listed on: 01/12/2018

ERA Dawson-Bradford Co.

Last Buyer's Agent

Kortnie Mullins

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,586

Year Built

  • Built in 1890

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • Lot Has A Rolling Slope

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 063
  • Assessor Parcel Number 7summerstreetoronomaine04473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,586

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North into Orono on Main Street. Take a left at 2nd light in the center of town onto Mill Street. Drive past Pat's Pizza and take a left onto Summer Street. Property is on the corner. Parking is down around the back.
  • Architectural Style: Colonial
  • Building Stories: 2
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.39
  • Property Information:Total Baths: 4.0
  • Site:Corner Lot: Yes
  • Location:Near Golf Course: 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 System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Exterior Only
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • 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: 16988.4
  • Parcel #: 7summerstreetoronomaine04473
  • Zoning: MDR

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4586.0
  • Tax Book Number: 14232
  • Tax Lot: 063
  • Tax Map Number: 027
  • Tax Year: 17

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
04/02/2018 04/02/18 Sold $203,500 +1.8% --
01/25/2018 01/25/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $200,000 +18.3% --
07/27/2016 07/27/16 Sold $169,000 -15.5% --
06/07/2016 06/07/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $200,000 -- --
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: 1335986

Maine Listings

APN: ORON 027-002-063