340 Granite Hill Rd

Manchester, ME 04351

$470,000
Last Sold Price
—
Beds
4,552 Sq. Ft.
$103 / Sq. Ft.
4,552
Sq. Ft.
$103
per Sq. Ft.
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Closed 10/6/21
Closed 10/6/21
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Description

Here is a very nice and unique 5 unit property that is located in very desirable Manchester with many great features and a large 7.2 acre lot! Private, quiet and rural, minutes to Water St, Hallowell Village w/ restaurants, shops etc., 2 - 1 bed, 2 - 2 bed, 1 - 3 bed, large 1st level owners unit, recent updates, some wood floors and high ceilings, nice mix of apartments, laundry hook ups in units, ample closet space, BBHW heat w/ Buderous boiler, oversized garage w/storage out back, large shed, lots...Here is a very nice and unique 5 unit property that is located in very desirable Manchester with many great features and a large 7.2 acre lot! Private, quiet and rural, minutes to Water St, Hallowell Village w/ restaurants, shops etc., 2 - 1 bed, 2 - 2 bed, 1 - 3 bed, large 1st level owners unit, recent updates, some wood floors and high ceilings, nice mix of apartments, laundry hook ups in units, ample closet space, BBHW heat w/ Buderous boiler, oversized garage w/storage out back, large shed, lots of parking, nice yard areas, potential to add more units, (check w/Manchester Code Enforcement officer), road frontage on 2 roads (Granite Hill & Foye) low expenses & operating costs (private well & septic - tenants pay electric & hot water). Very good long-term investment with room to grow. Potential trophy property!
  1. Listed by James Pepin • Sprague & Curtis Real Estate
    P: (207)-242-3015 C: (207)-242-3015 JIM@SPRAGUEANDCURTIS.COM

Property Details for 340 Granite Hill Road

Architectural Style
Other, Victorian
Style
Other, Victorian
View
Trees/Woods
Has Waterfront
No
Zoning
Residential
LISTING CLOSED: 10/06/2021 12:00 AM

Property Details for 340 Granite Hill Road

StatusClosed
MLS #1504699
Days on Market12
Taxes$5,485 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1889
Lot Size7.20 AC / 313,632 SF
CountyKennebec County
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Location

Listing Courtesy of Sprague & Curtis Real Estate

Sold By Rizzo Mattson

Add your commute

Building Information for 340 Granite Hill Road

Stories3Residences5Year Built1889Building Size-Lot Size7.20 AC / 313,632 SF

Payment Calculator

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$2,846 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,389

Property Taxes

$457

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 340 Granite Hill Road

Summary
Location and General Information
  • Water View: No
  • Location: Near Town, Rural
  • Page: 194
  • Directions: From Hallowell, Take Winthrop St through to Granite Hill Rd. Property at corner of Foye Road & Granite Hill Rd on right
  • Latitude: 44.310192
  • Longitude: -$69.83
  • Transportation: Major Road Access
Taxes and HOA
  • Association: No
  • Parcel Number: MANR-000003-000000-000027-R000000
  • Tax Lot: 27
  • Tax Book Number: 10235
  • Tax Map Number: R03
  • Tax Annual Amount: $5,485.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Detached
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: 3 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Virtual Tour
Property
Lot Information
  • Lot Features: Rolling/Sloping, Open, Wooded, Near Town, Rural
  • Lot Size Acres: 7.2
  • Lot Size Area: 7.2
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 313632.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Other Source of Square Footage: Seller
  • Roads: Public
  • SqFt Source: Appraiser
  • Site: Open, Rolling/Sloping, Wooded
Property and Assessments
  • Above Grade Finished Area: 4552.0
  • Building Area Total: 4552.0
  • Property Type: Multi-Family
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: No
  • Construction: Wood Frame
  • Year Built: 1889
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Granite, Other, Concrete Perimeter, Brick/Mortar
  • Foundation Materials: Granite, Poured Concrete, Other, Brick/Mortar
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • Color: Beige
  • Stories: 3
  • Stories Total: 3
Financial Information
  • List Price/SqFt: $115.33
Utilities
  • Heat Fuel: Oil
  • # Heating Units: 1
  • # Water Heaters: 5
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Private Sewer
  • Water Source: Private
  • Water Heater: Electric
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding, Wood Siding
  • Roof: Other, Shingle
  • Driveway: Gravel
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Bathrooms Full: 5
  • Bathrooms Total Decimal: 5.0
  • Bathrooms Total Integer: 5
  • Equipment: Internet Access Available, Cable
  • Other Equipment: Internet Access Available, Cable
  • Basement: Interior, Bulkhead, Crawl Space, Partial, Unfinished
  • Basement: Bulkhead, Crawl Space, Partial, Unfinished
  • Has Fireplace: No
  • Patio And Porch Features: Porch
  • Has Cooling: No
  • Heating: Zoned, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Vinyl, Other, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower, Storage
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 2
  • # of 3 BD Units: 1
  • Number Of Units Total: 5
Income & Expenses
  • Gross Income: $39,900.00
  • Operating Expense: $17,697.00
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 340 Granite Hill Road

DateEvent & SourcePriceAppreciation
Oct 6, 2021

Sold

Maine Listings #1504699

$470,000—
Aug 24, 2021

Pending

Maine Listings #1504699

—
Aug 11, 2021

Listed (Active)

Maine Listings #1504699

$525,000—
DateEvent & SourcePrice
10/06/2021

Sold

Maine Listings #1504699

$470,000
08/24/2021

Pending

Maine Listings #1504699

—
08/11/2021

Listed (Active)

Maine Listings #1504699

$525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 340 Granite Hill Road

Taxable ValueLand$73,000Additions$306,300Total$379,300
Tax Record2025$5,481 ($457 / month)
Home Facts
Baths5.5Total Finished SqFt1,084 SqFtAbove Grade Finished SqFt1,084 SqFtStories3Lot Size313,632 SqFtStyleMulti-Family Res (5+ Units)Year Built1970Year Renovated1997ZoningRURALCountyKENNEBECAPNMANR M:R03 L:027

Schools near 340 Granite Hill Road

This home is within Regional School Unit 38.
Rating
School
Type
Grades
Distance
Manchester Elementary School
Public - PK to 5
Maranacook Community Middle School
Public - 6 to 8
Maranacook Community High School
Public - 9 to 12
Readfield Elementary School
Public - PK to 5
Rating
School
Distance
Manchester Elementary School
PublicPK to 5

Maranacook Community Middle School
Public6 to 8

Maranacook Community High School
Public9 to 12

Readfield Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
339 Granite Hill Road, Manchester, ME 04351
–
–
2
1,064
37,026
218 Granite Hill Road, Manchester, ME 04351
$410,400
3
2,240
131,986
7 Beacon Road, Manchester, ME 04351
$104,000
2
864
30,056
3 Foye Road, Hallowell, ME 04347
–
3
1
1,104
18,295
12 Nye Road, Hallowell, ME 04347
–
3
1
936
10,019

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sprague & Curtis Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.