Seller's Agent in 2019
Pat Long-Cressey
Fontaine Family-The Real Estate Leader
(207) 212-9541
6 in this area
22 Total Sales
Estimated Value: $478,842
This is a great opportunity to invest in a rental property with both a long time business rental since 1971 and 3 full tenant occupied units. The restaurant business and equipment do not convey with this property. This property is on 4.54 acres with plenty of room to possibly expand. .51 of the property is zoned commercial and the remainder is zoned NCA (single family housing). The income and expenses of the property show significant profit at $39,240+/- income and $15,921+/- in expenses. One rental unit is a 2-3 bedroom single family home while the other two units each with 3 bedrooms are over the restaurant. The restaurant address is 997 Sabattus St. and the other 3 units have Dow Ave. addresses. This lot abuts Buckely St. and Lemaire Ave. but there is only access from the Sabattus St. property. The land could possibly be subdivided.
Last Agent to Sell the Property
Fontaine Family-The Real Estate Leader Listed on: 05/20/2019
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2019 08/02/19 | Sold | $235,000 | -14.5% | $81 / Sq Ft |
| 06/08/2019 06/08/19 | Pending | -- | -- | -- |
| 05/20/2019 05/20/19 | For Sale | $275,000 | -- | $95 / Sq Ft |
| 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 | $3,806 | $116,100 | $55,320 | $60,780 |
| 2024 | $3,688 | $116,100 | $55,320 | $60,780 |
| 2023 | $3,483 | $116,100 | $55,320 | $60,780 |
| 2022 | $3,309 | $116,100 | $55,320 | $60,780 |
| 2021 | $3,281 | $116,100 | $55,320 | $60,780 |
| 2020 | $3,329 | $116,100 | $55,320 | $60,780 |
| 2019 | $3,356 | $116,100 | $55,320 | $60,780 |
| 2018 | $3,329 | $116,100 | $55,320 | $60,780 |
| 2017 | $3,253 | $116,100 | $55,320 | $60,780 |
| 2016 | $3,197 | $116,100 | $55,320 | $60,780 |
| 2015 | $3,178 | $116,100 | $55,320 | $60,780 |
| 2014 | $3,087 | $116,100 | $55,320 | $60,780 |
| 2013 | $3,070 | $116,100 | $55,320 | $60,780 |
Seller's Agent in 2019
Pat Long-Cressey
Fontaine Family-The Real Estate Leader
(207) 212-9541
6 in this area
22 Total Sales
Source: Maine Listings
MLS Number: 1415241
APN: LEWI-000090-000000-000184
Ask me questions while you tour the home.