95 Elm St Newport, ME 04953
Newport NeighborhoodHighlights
- Nearby Water Access
- Wood Flooring
- No HOA
- Public Beach
- Main Floor Bedroom
- Porch
About This Home
As of April 2025Investment Opportunity - Fully Occupied 4-Unit Apartment Building in Newport, ME!
Don't miss the chance to own a 4-unit multifamily property in Newport, ME! Conveniently located near restaurants, shopping, and the lake. This property offers an ideal setting for tenants who enjoy both convenience and recreation.
Showings by appointment only - Advance notice required as all units are currently rented. Call today to schedule your viewing!
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: melissabartlett@masiello.com
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,641
Year Built
- Built in 1930
Lot Details
- 5,663 Sq Ft Lot
- Public Beach
- Level Lot
- Open Lot
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,633 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Gravel Driveway
- On-Site Parking
Outdoor Features
- Nearby Water Access
- Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 103
- Assessor Parcel Number NEPT-000015-000000-000103
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $14,324
- Gross Income $41,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $285,000 | -1.4% | $108 / Sq Ft |
| 04/06/2025 04/06/25 | Pending | -- | -- | -- |
| 03/29/2025 03/29/25 | For Sale | $289,000 | +20.4% | $110 / Sq Ft |
| 07/14/2022 07/14/22 | Sold | $240,000 | -7.3% | $91 / Sq Ft |
| 05/28/2022 05/28/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $259,000 | -- | $98 / Sq Ft |
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 | $3,339 | $190,800 | $15,400 | $175,400 |
| 2023 | $2,906 | $178,300 | $14,400 | $163,900 |
| 2022 | $2,762 | $140,900 | $11,400 | $129,500 |
| 2021 | $2,538 | $123,200 | $10,900 | $112,300 |
| 2020 | $2,491 | $120,900 | $10,700 | $110,200 |
| 2019 | $2,430 | $114,100 | $10,100 | $104,000 |
| 2018 | $2,430 | $114,100 | $10,100 | $104,000 |
| 2017 | $2,282 | $114,100 | $10,100 | $104,000 |
| 2016 | $2,214 | $114,100 | $10,100 | $104,000 |
| 2015 | $2,042 | $114,100 | $10,100 | $104,000 |
| 2014 | $1,963 | $114,100 | $10,100 | $104,000 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $192,000 | Purchase Money Mortgage | |
| Previous Owner | $99,000 | Unknown |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | Gateway Title | |
| Warranty Deed | $285,000 | Gateway Title | |
| Not Resolvable | -- | -- |
Source: Maine Listings
MLS Number: 1617414
APN: NEPT-000015-000000-000103
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