$2,750,000

Estimated payment $16,991/month

Total Views 4,805
-- Bed
10 Baths
8,808 Sq Ft
$312 Price per Sq Ft

Highlights

  • 1.1 Acre Lot
  • Wood Flooring
  • Property is near shops
  • Colonial Architecture
  • No HOA
  • Baseboard Heating

About This Home

Three buildings totaling 10 units, #79 W Cutts is a 5 unit, #6 Banks Lane a 3-unit built in 2003, #4 Banks Lane a 2 unit built in 2023. Sqft of all three buildings totals 8808sqft, 18 bedrooms. Zoning allows for an additional 13 units with planning board approval. Ideal opportunity for a condo project. Showings available Wednesdays and Sundays between 3:00pm-4:00pm only. Also listed as commercial MLS# 1659944

Listing Agent

David Dunn

The Real Estate Store Listed on: 04/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,747

Year Built

  • Built in 1900

Lot Details

  • 1.1 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot

Parking

  • Paved Parking

Home Design

  • Colonial Architecture
  • Ranch Style House
  • Block Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 10 Full Bathrooms
  • 8,808 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Location

  • Property is near shops

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 124

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $60,479
  • Gross Income $199,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,747

Year Built

Built in 1900

Lot Details

1.1 Acres

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 1.1
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 8808.00
  • Architectural Style: Colonial, Ranch
  • Garage Yn: No
  • Year Built: 1900
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Location:Location: Near Shopping
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Unfinished
  • Full Bathrooms: 10
  • Flooring: Carpet, Vinyl, Hardwood

Exterior Features

  • Lot Features: Near Shopping, Level, Open Lot
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Block, Poured Concrete
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, 11 - 20 Spaces

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas Natural, Baseboard, Hot Water
  • 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: 47916.00
  • Zoning: MSRD-2

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 199764.00
  • Annual Operating Expense: 60479.00

Tax Info

  • Tax Annual Amount: 28747.00
  • Tax Lot: 124
  • Tax Year: 25

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,683 $1,317,500 $167,300 $1,150,200
2024 $18,422 $1,295,500 $167,300 $1,128,200
2023 $18,705 $1,425,700 $167,300 $1,258,400
2022 $12,280 $748,300 $144,300 $604,000
2021 $11,541 $633,100 $120,300 $512,800
2020 $10,620 $529,700 $102,300 $427,400
2019 $10,583 $529,700 $102,300 $427,400
2018 $10,435 $529,700 $102,300 $427,400
2017 $9,485 $472,600 $102,300 $370,300
2016 $9,048 $455,600 $102,300 $353,300
2015 $8,871 $455,600 $102,300 $353,300
2014 $8,652 $455,600 $102,300 $353,300
2013 -- $540,100 $164,200 $375,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2026 04/28/26 For Sale $2,750,000 -- $312 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1659566

Maine Listings

APN: BIDD 37-124

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