85 Bancroft Rd

Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

If you are seeking the security of an investment property income, this very well maintained and fully occupied complex may be just what you are looking for! Built in 1986 as a State of Maine housing project, it features 22 one bedroom apartments and 2 two bedroom apartments, two common areas, coin op washers & dryers, regularly maintained and updated elevator and common area ansul system. With recently replaced roof, windows and paved drive/parking lot, this great facility is ready for you to take...If you are seeking the security of an investment property income, this very well maintained and fully occupied complex may be just what you are looking for! Built in 1986 as a State of Maine housing project, it features 22 one bedroom apartments and 2 two bedroom apartments, two common areas, coin op washers & dryers, regularly maintained and updated elevator and common area ansul system. With recently replaced roof, windows and paved drive/parking lot, this great facility is ready for you to take the reins!
  1. Listed by Jessie Tompkins-Howard • Due East Real Estate
    P: (207)-214-3833 C: (207)-214-3833 jessiemthoward@gmail.com

Property Details for 85 Bancroft Road

Architectural Style
Other
Style
Other
View
Trees/Woods, Fields
Has Waterfront
No
Zoning
Residential
LISTING CLOSED: 03/19/2021 12:00 AM

Property Details for 85 Bancroft Road

StatusClosed
MLS #1458096
Days on Market178
Taxes$19,007 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1986
Lot Size2.40 AC / 104,544 SF
CountyWashington County

Location

Listing Courtesy of Due East Real Estate

Sold By Realty of Maine

Add your commute

Building Information for 85 Bancroft Road

Stories2Residences24Year Built1986Building Size-Lot Size2.40 AC / 104,544 SF

Payment Calculator

$4,888 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,304

Property Taxes

$1,584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 85 Bancroft Road

Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Town, Neighborhood
  • Page: 196
  • Zoning Overlay: Yes
  • Latitude: 45.662887
  • Longitude: -$67.87
Taxes and HOA
  • Association: No
  • Tax Lot: 35/36
  • Tax Book Number: 3586
  • Tax Map Number: 29
  • Tax Year: 2019
  • Tax Annual Amount: $19,007.00
Parking
  • Parking Features: 21+ Spaces, Paved, Common, On Site
  • Parking: 21+ Spaces, On Site, Paved
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Well Landscaped, Open, Level, Intown, Near Shopping, Near Town, Neighborhood
  • Lot Size Acres: 2.4
  • Lot Size Area: 2.4
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 104544.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 1.0
  • Building Area Total: 1.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: Yes
  • Construction: Wood Frame
  • Year Built: 1986
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Concrete Perimeter, Slab
  • Foundation Materials: Poured Concrete
  • Construction Materials: Vinyl Siding, Wood Frame
  • Color: Blue
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $675,000.00
Utilities
  • Heat Fuel: Electric
  • # Heating Units: 25
  • # Water Heaters: 25
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Window Features: Double Pane Windows
  • Window Features: Double Pane Windows
  • Driveway: Common, Paved
Interior Features
  • Accessibility Features: 36+ Inch Doors, 36 - 48 Inch Halls, 48+ Inch Halls, Elevator/Chair Lift, Level Entry, Other Accessibilities
  • Amenities: 1st Floor Bedroom, Bathtub, Elevator Passenger, Laundry - 1st Floor, Laundry - Coin, One-Floor Living, Other Amenities, Security System, Sprinkler, Storage
  • Bathrooms Full: 20
  • Bathrooms Total Decimal: 20.0
  • Bathrooms Total Integer: 20
  • Equipment: Internet Access Available, DSL, Cable
  • Laundry Features: Laundry - 1st Floor, Main Level, Laundry - Coin
  • Other Equipment: Internet Access Available, DSL, Cable
  • Basement: Not Applicable
  • Basement: Slab
  • Has Fireplace: No
  • Patio And Porch Features: Patio
  • Has Cooling: No
  • Heating: Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl, Carpet
  • Interior Features: Elevator Passenger, 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Storage
Room Information
Laundry
  • Laundry Room Amenities: Laundry - 1st Floor, Main Level, Laundry - Coin
Multi Family
Multi Family Information
  • # of 1 BD Units: 22
  • # of 2 BD Units: 2
  • Number Of Units Total: 24
Income & Expenses
  • Gross Income: $114,735.00
  • Operating Expense: $44,650.00
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 85 Bancroft Road

DateEvent & SourcePriceAppreciation
Mar 19, 2021

Sold

Maine Listings #1458096

$650,000
Dec 24, 2020

Pending

Maine Listings #1458096

Jun 23, 2020

Listed (Active)

Maine Listings #1458096

$675,000
DateEvent & SourcePrice
03/19/2021

Sold

Maine Listings #1458096

$650,000
12/24/2020

Pending

Maine Listings #1458096

06/23/2020

Listed (Active)

Maine Listings #1458096

$675,000

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

Public Records for 85 Bancroft Road

Taxable ValueLand$22,110Additions$627,690Total$649,800
Tax Record2022$16,732 ($1,394 / month)
Home Facts
Lot Size104,544 SqFtCountyWASHINGTONAPNDANF M:29 L:35&36

Schools near 85 Bancroft Road

This home is within Regional School Unit 84 Msad 14.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
East Grand School
PublicPK to 12

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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Listing Courtesy of Due East 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.