NOT LISTED FOR SALE

US Route 2 Mercer, ME 04957

-- Bed
7 Baths
4,200 Sq Ft
1.55 Acres

Last Sold September 06, 2013

Last sale price $120,000 $29 Per Sq Ft

19 Days on Market

Highlights

  • Wooded Lot
  • Level Entry For Accessibility
  • Coin Laundry
  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of September 2013

Fully rented 6 unit apartment building. Lots of updating, heating & plumbing repairs have already been completed in order for you to maximize your rental income. 1 & 2 bedroom units are neat & clean & easily maintained. Over $3000 in monthly rental.

Last Agent to Sell the Property

Barbara Larson

Coldwell Banker Sandy River Realty Brokerage Phone: 207-778-6333 Listed on: 05/15/2013

Last Buyer's Agent

Barbara Larson

County Seat Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 1.55 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 4,200 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 20-1
  • Assessor Parcel Number USRoute 2Mercer720-1

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $11,000
  • Gross Income $38,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.55
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 2 East 1/2 mile past Mercer Town line on the right.
  • Above Grade Finished Sq Ft: 4200.0
  • Architectural Style: Ranch
  • Building Stories: 1
  • Year Built: 1985
  • Attribution Contact: 207-778-6333
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.55
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 4200.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 1
  • Income Expenses Gross Income: 38880.0
  • Income Expenses Operating Expenses: 11000.0
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Accessibility Features: Level Entry
  • Full Bathrooms: 7
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Metal, Pitched

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 67518.0
  • Parcel #: USRoute 2Mercer720-1
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 38880.0
  • Annual Operating Expense: 11000.0

Tax Info

  • Tax Annual Amount: 3759.0
  • Tax Book Number: 4579
  • Tax Lot: 20-1
  • Tax Map Number: 7
  • Tax Year: 12

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
09/06/2013 09/06/13 Sold $120,000 -3.9% $29 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $124,900 -- $30 / 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: 1092494

Maine Listings