Bought with Realty of Maine
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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Listing Status Sold
Square Footage 17,980 sqft
MLS Listing ID 1494179
Sold Date 09/30/21
Style Colonial,Other Style
Full Baths 18
HOA Y/N No
Abv Grd Liv Area 14,358
Originating Board Maine Listings
Year Built 1917
Annual Tax Amount $9,018
Tax Year 2021
Lot Size 1.890 Acres
Acres 1.89
Property Description
This is a fantastic investment opportunity! A well-maintained, mixed-use 25,787 SF brick building with 30+/- parking spaces. Originally constructed as a women's reformatory house in 1917, it was completely gutted and renovated in 1988 to its current configuration known as Steven's Manor. There are 18 fully handicapped accessible residential units operating as a senior living apartment complex on the upper three stories with a mix of 12 two-bedroom and 6 one-bedroom dwellings. The lower level has a large common area/community room with kitchen, as well as a laundry room and management office. There is also an operating hair salon and a freshly renovated office space ready to be leased. The property is improved by a passenger elevator, separate electric meters and has many recent updates, including a new fire alarm system and new high efficiency gas heating system within the last 3-4 years. Also listed as multi-family MLS# 1494213.
Location
State ME
County Somerset
Rooms
Basement Walk-Out Access, Finished, Full, Interior Entry
Interior
Interior Features Elevator Passenger, Storage
Heating Hot Water
Cooling None
Flooring Vinyl, Tile, Carpet
Laundry Laundry - Coin
Exterior
Garage 21+ Spaces, Paved, On Site
Waterfront No
View Y/N No
Roof Type Membrane
Street Surface Paved
Accessibility Elevator/Chair Lift, Level Entry, Other Accessibilities, Other Bath Modifications
Parking Type 21+ Spaces, Paved, On Site
Garage No
Building
Lot Description Level, Near Town, Subdivided
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial, Other Style
Structure Type Brick,Masonry
Others
Security Features Fire System
Energy Description Propane
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327