Location:
274 Main Street, Madison, ME 04950

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344 Main Street, Bingham, ME 04920

$86,500
Property Type: Multi-Family Baths: 4 Square Footage: 3,480 Lot Size (sq. ft.): 2,178 Status: Closed
Current Price: $74,000 List Date: 1/20/2023 Last Modified: 4/24/2023

Description

Investors take notice. Nice 4 unit with 3 residential units and one commercial space with great exposure on Main St. Walkout basement with coin-op laundry. Building features metal roof, vinyl siding, and many vinyl replacement windows and 30 inches of blown in insulation.

Supplements: ********

More Information MLS# 1551219

Location Information

Street #: 344 Street Name: Main Street Type: Street County: Somerset Town: Bingham State/Province: ME Zip Code: 04920 Zip +4: 4035 Leased Land: No Book: 5598 Page: 270 Map: 5 Lot: 66 Zoning: none Zoning Overlay: Unknown Association: No Full Tax Amount $: 1206 Tax Year: 2021 Geo Lat: 45.060008 Geo Lon: -69.882278

Contract Information

Status: Closed Original List Price: 88500 Sold Price: $74,000 Current Price: $74,000

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Number of Units: 4 Total Baths: 4 Total Full Baths: 3 Total Half Baths: 1 Color: White Year Built: 1900 SqFt Finished Above Grade: 2784 SqFt Finished Below Grade: 696 SqFt Finished Total: 3480 SqFt Source: Other Other Source of Square Footage: previous listing Garage: No Lot Size Acres +/-: 0.05 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 50 Source of Road Frontage: Public Records

Compensation & Misc Info

Buyer Agency: 2.8 Buyer Agency Type: %

Status Change Info

Pending Date: 2023-03-23 Closed Date: 2023-04-21 Closed Price: 74000

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 1 # Water Heaters: 1

Income & Expenses

Gross Income: 29375 Operating Expenses: 16300

Units

# of 1 BD Units: 2 # of 2 BD Units: 1 # of 3 BD Units: 1

Unit 1

Lease: Yes Level: Basement Security Deposit: No Monthly Rent: 695 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: Second Security Deposit: No Monthly Rent: 825 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 925 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: No Level: First Security Deposit: Yes Monthly Rent: 500 # Half Baths: 1 # of Rooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Open Location: Intown Roads: Paved; Public Transportation: Major Road Access Style: Colonial; New Englander; Other Style Construction: Wood Frame Basement: Full; Walkout Access Basement Entry: Walk-Out Foundation Materials: Block; Poured Concrete Exterior: Vinyl Siding; Wood Siding Roof: Metal Heat System: Baseboard; Direct Vent Heater; Hot Water; Multi-Zones Heat Fuel: K-1/Kerosene; Oil Water Heater: Electric Cooling: None Floors: Carpet; Laminate; Vinyl Amenities: Laundry - Coin Accessibilitiy Amenities: 32 - 36 Inch Doors Equipment: Internet Access Available Energy Efficiency: Double Pane Windows Driveway: Paved Parking: 1 - 4 Spaces; Off Street; On Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: ERA Dawson-Bradford Co.
Last Updated: April - 24 - 2023
344 Main Street, Bingham, ME 04920- MLS# 1551219
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