35-37 Shepard Street

Closed 10/15/21

Sold

Last Sold Price

$285,000

2 baths2,544 sqft

35-37 Shepard St, Bath, ME 04530

Multi FamilyProperty Type

0.12 acresLot Size

1890Year Built

$112/sq ftPrice per sq ft

Description

This spacious light-filled two-unit is a rare opportunity for an investor or owner-occupant. Both units have large eat-in kitchens that open onto living spaces. 3-BR has many unique features including built-in cabinets, a cathedral ceiling, skylights, a loft space, a jacuzzi tub, basement with ample storage and 2 off-street parking spaces. 2-BR unit has a storage shed off the kitchen that could be incorporated as additional living space, an upstairs bedroom with an attached space suitable for a small...This spacious light-filled two-unit is a rare opportunity for an investor or owner-occupant. Both units have large eat-in kitchens that open onto living spaces. 3-BR has many unique features including built-in cabinets, a cathedral ceiling, skylights, a loft space, a jacuzzi tub, basement with ample storage and 2 off-street parking spaces. 2-BR unit has a storage shed off the kitchen that could be incorporated as additional living space, an upstairs bedroom with an attached space suitable for a small office or nursery, and one off-street parking space. Large south-facing covered porch overlooks the front yard with room for gardens or additional parking. Both units have washer/dryer hookups, dishwashers, economical Rinnai heaters with separate tanks and separate meters for electricity and water/sewer. This unique property feels like two individual homes that just happen to be connected. Recent improvements include a new bathroom for the 2-BR in 2019 and a new roof for the entire property in 2020. Convenient location makes for easy rentals: property has been consistently rented with only one month of vacancy since 2007. Rents are below market value. Tenant in 3-BR is month to month (2-month notice required); 2-BR unit will be vacant as of September 1. 24 hours notice required for showings. No showings after 5:00pm. View it quickly: this won't last!

Listed by: Michelle Cyr 207.725.8522 Matt.Vire@nemoves.com • Coldwell Banker Realty

Listing closed: 10/15/2021 12:00 AM • Source: Maine Listings, MLS#: 1502847

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Location

Listing Courtesy of Coldwell Banker Realty

Sold By Coldwell Banker Realty

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$1,738 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,521

Property Taxes

$217

HOA Dues

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Property Information for 35-37 Shepard Street

Property Details

Taxes: $2,600 / year
MLS Type: Multi-Family
County: Sagadahoc County
Architectural Style: Victorian
Style: Victorian
Has Waterfront: No
Zoning: Res

Building Information

Stories: 2
Residences: 2
Year Built: 1890
Lot Size: 0.12 AC / 5,227 SF

Summary

Location and General Information

Water View: No
Location: Intown, Near Shopping, Neighborhood

Page: 278
Zoning Overlay: Yes
Directions: From Route 1 in Bath, take Washington St south to Shepard St on your right. Sign on property.
Latitude: 43.908232
Longitude: -$69.82
Transportation: Deep Water Access, Major Road Access, Public Transport Access

Taxes and HOA

Association: No
Parcel Number: BTTH-000032-000000-000163

Tax Lot: 163
Tax Book Number: 2838
Tax Map Number: 32
Tax Year: 2020
Tax Annual Amount: $2,600.00

Parking

Parking Features: 1 - 4 Spaces, Reclaimed, Off Street
Parking: 1 - 4 Spaces, Off Street

Vehicle Storage: No Vehicle Storage
Has Attached Garage: No
Has Garage: No

Property

Lot Information

Lot Features: Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
Lot Size Acres: 0.12

Lot Size Area: 0.12
Lot Size Source: Public Records
Lot Size Square Feet: 5227.2
Lot Size Units: Acres
2 Detached Houses on 1 Lot: false
Roads: Paved, Public
Road Surface Type: Paved
SqFt Source: Public Records
Site: Sidewalks

Property and Assessments

Above Grade Finished Area: 2544.0
Building Area Total: 2544.0

Property Type: Multi-Family
Deed: All
Surveyed: No
Construction: Wood Frame
Structure Type: Duplex
Structure Type: Duplex
Year Built: 1890

Building Features

Foundation Details: Granite
Foundation Materials: Granite

Construction Materials: Clapboard, Wood Frame
Color: clay
Stories Total: 2

Financial Information

List Price/SqFt: $113.60

Utilities

Heat Fuel: Propane
# Heating Units: 2

# Water Heaters: 2
Electric: Circuit Breakers
Gas: Bottled
Recreational Water: Nearby
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Clapboard
Roof: Composition

Driveway: Reclaimed

Interior Features

Amenities: 1st Floor Bedroom, Bathtub, Main Level, Other Amenities, Shower
Bathrooms Full: 2

Bathrooms Total Decimal: 2.0
Bathrooms Total Integer: 2
Equipment: Internet Access Available
Laundry Features: Laundry - 1st Floor, Main Level
Other Equipment: Internet Access Available
Basement: Interior, Partial, Unfinished
Basement: Partial, Unfinished
Has Fireplace: No
Patio And Porch Features: Porch
Has Cooling: No
Heating: Direct Vent Heater
Has Heating: Yes
Flooring: Wood, Vinyl, Tile
Interior Features: 1st Floor Bedroom, Bathtub, Shower

Room Information

Laundry

Laundry Room Amenities: Laundry - 1st Floor, Main Level

Multi Family

Multi Family Information

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

Number Of Units Total: 2

Income & Expenses

Gross Income: $23,400.00
Operating Expense: $6,612.59

Unit Information

Unit 1

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: First
Security Deposit: Yes
Actual Rent: $1,200.00
Beds Total: 3
Rooms Total: 7

Unit 2

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: No
Water: No
Electric: No
Heat: No
Range: Yes
Lease: No
Level: First
Security Deposit: Yes
Actual Rent: $750.00
Beds Total: 2
Rooms Total: 5

Rental

Rent Information

Land Lease: No

Property History for 35-37 Shepard Street

Date	Event & Source	Price	Appreciation
Oct 15, 2021	Sold Maine Listings #1502847	$285,000	—
Sep 16, 2021	Pending Maine Listings #1502847		—
Jul 29, 2021	Listed (Active) Maine Listings #1502847	$289,000	—
Nov 30, 2007	Expired Maine Listings #825573	$119,900	—
Mar 5, 2007	Sold Maine Listings #825571	$119,900	—
Feb 1, 2007	Pending Maine Listings #825571		—
Jan 30, 2007	Active Under Contract Maine Listings #825571		—
Nov 30, 2006	Listed (Active) Maine Listings #825573	$119,900	—
Nov 30, 2006	Listed (Active) Maine Listings #825571	$119,900	—
Nov 25, 2005	Expired Maine Listings #748494	$132,000	—
Nov 25, 2005	Expired Maine Listings #748489	$132,000	—
May 25, 2005	Listed (Active) Maine Listings #748494	$132,000	—
May 25, 2005	Listed (Active) Maine Listings #748489	$132,000	—

Date	Event & Source	Price
10/15/2021	Sold Maine Listings #1502847	$285,000
09/16/2021	Pending Maine Listings #1502847	—
07/29/2021	Listed (Active) Maine Listings #1502847	$289,000
11/30/2007	Expired Maine Listings #825573	$119,900
03/05/2007	Sold Maine Listings #825571	$119,900
02/01/2007	Pending Maine Listings #825571	—
01/30/2007	Active Under Contract Maine Listings #825571	—
11/30/2006	Listed (Active) Maine Listings #825573	$119,900
11/30/2006	Listed (Active) Maine Listings #825571	$119,900
11/25/2005	Expired Maine Listings #748494	$132,000
11/25/2005	Expired Maine Listings #748489	$132,000
05/25/2005	Listed (Active) Maine Listings #748494	$132,000
05/25/2005	Listed (Active) Maine Listings #748489	$132,000

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

Schools near 35-37 Shepard Street

This home is within Regional School Unit 01 - Lkrsu.


Rating	School	Type	Grades	Distance
4/10	Fisher-Mitchell School	Public - Nearby school	3 to 5	0.3 mi
5/10	Bath Middle School	Public - Nearby school	6 to 8	1.0 mi
7/10	Morse High School	Public - Serves this home	9 to 12	0.4 mi
NR	Dike-Newell School	Public - Nearby school	PK to 2	1.0 mi
8/10	Woolwich Central School	Public - Nearby school	PK to 8	2.8 mi
9/10	Phippsburg Elementary School	Public - Nearby school	PK to 5	6.9 mi
NR	Midcoast Montessori School	Private - Nearby school	PK to 3	0.3 mi
NR	Hyde School	Private - Nearby school	8 to 12	0.3 mi
NR	Children's Schoolhouse	Private - Nearby school	K to 6	0.8 mi


Rating	School	Distance
4/10	Fisher-Mitchell School Public3 to 5 Nearby school	0.3 mi
5/10	Bath Middle School Public6 to 8 Nearby school	1.0 mi
7/10	Morse High School Public9 to 12 Serves this home	0.4 mi
NR	Dike-Newell School PublicPK to 2 Nearby school	1.0 mi
8/10	Woolwich Central School PublicPK to 8 Nearby school	2.8 mi
9/10	Phippsburg Elementary School PublicPK to 5 Nearby school	6.9 mi
NR	Midcoast Montessori School PrivatePK to 3 Nearby school	0.3 mi
NR	Hyde School Private8 to 12 Nearby school	0.3 mi
NR	Children's Schoolhouse PrivateK to 6 Nearby school	0.8 mi

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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