1055 Middle Road

Warren, ME 04864

$750,000
Price
9
Beds
6
Baths
1,672 Sq. Ft.
$449 / Sq. Ft.
1,672
Sq. Ft.
$449
per Sq. Ft.

Description

What a great opportunity to invest in a 6-unit multifamily rental, 2- rental buildings, the Main house is a 3-bedroom, 2 bath, Cape that could be an owner occupy. The property has received many updates over the last few years, Seller has replaced carpeting, windows, electric and plumbing updates, Main house roof was shingled 2018 and the back roof was just replaced in 2023, each unit has its own meter and Rinnai heaters for heat make it very easy to manage. Tenants pay their own utilities. The Maine...What a great opportunity to invest in a 6-unit multifamily rental, 2- rental buildings, the Main house is a 3-bedroom, 2 bath, Cape that could be an owner occupy. The property has received many updates over the last few years, Seller has replaced carpeting, windows, electric and plumbing updates, Main house roof was shingled 2018 and the back roof was just replaced in 2023, each unit has its own meter and Rinnai heaters for heat make it very easy to manage. Tenants pay their own utilities. The Maine house is a 3 bedroom, 2 bath, the adjacent unit is a 2 bedroom, 1 bath and the remaining 4 units are 1 bedroom, 1 bath with Rinnai heaters, so tenants pay their own utilities. The property has a great rental history, it is currently fully rented and has been re-rented before anyone moves out! There is a large garage for storage or a great workshop, plenty of room on the 20 acres to add another building for additional rental units or build your beautiful new home out back and let rentals help pay your mortgage. Easy to show with notice to tenants.
  1. Listed by Jaime Connell • ERA Dawson-Bradford Co.

Property Details for 1055 Middle Road

Waterfront
No
ArchitecturalStyle
Cape, Other Style
Garage Spaces
2.00
Garage
Yes
Zoning
Multifamily
View
Trees/Woods, Fields

Location

Listing Courtesy of ERA Dawson-Bradford Co.
Add your commute
LISTING UPDATED: 05/13/2024 01:33 PM

Property Details for 1055 Middle Road

StatusActive
MLS #1577685
Days on Market184
Taxes$4,422 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1972
Lot Size20.00 AC / 871,200 SF
CountyKnox County

Location

Listing Courtesy of ERA Dawson-Bradford Co.
Add your commute

Building Information for 1055 Middle Road

Stories2Residences6Year Built1972Building Size-Lot Size20.00 AC / 871,200 SF

Payment Calculator

$4,462 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1055 Middle Road

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 4423
  • Directions: From Rockland, take route #17 toward Union, turn left onto route #131 South Union Rd., just as it turns into The Eastern Rd on left, turn to right onto the Middle Rd., continue looking for #1055 on your left.
  • Town: Warren
  • State/Province: ME
  • Zip Code: 04864
  • County: Knox
  • Geo Latitude: 44.16268
  • Geo Longitude: -69.270412
  • Tax Lot: 10
  • Site:Open: Yes
  • Site:Rolling/Sloping: Yes
  • Site:Wooded: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Rural: Yes
  • Transportation:Major Road Access: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Paved, Common, On Site, Detached, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 3574
  • Tax Map Number: 14
  • Tax Year: 2022
  • Parcel Number: WRRR-000014-000000-000010R
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,422.00
  • Restrictions:Other Restrictions: Yes
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1672.0
  • Lot Size Acres: 20.0
  • Source of Acreage: Public Records
  • Building Area Total: 1672.0
  • Lot Size Area: 20.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 871200.0
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Street Number: 1055
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:2 Detached Houses on 1 Lot: Yes
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
  • Property Information:Source of Road Frontage: Deed
Parking
  • Driveway:Common: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1972
Utilities
  • Electric: On Site, Circuit Breakers
  • Sewer: Yes
  • Water Source: Private, Well
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:2 Car: Yes
  • Vehicle Storage:Detached: Yes
  • Roof: Shingle
  • Other Structures: Outbuilding
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Bulkhead, Brick/Mortar, Walk-Out Access, Full, Exterior Entry, Exterior Only, Unfinished
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Features: 1st Floor Bedroom, One-Floor Living
  • Cooling: None
  • Heating: Forced Air, Direct Vent Heater
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup, Laundry - Coin
  • # Stories: 1
  • # Floors: 2
  • Bathrooms Total (Integer): 6
  • Bathrooms Total (Decimal): 6.00
  • Bathrooms Total (Notational): 6.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $68,400.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 6
  • Building Info:# Stories: 2
  • Building Info:# Floors: 1
  • Building Info:# Heating Units: 6
  • Building Info:# Water Heaters: 6
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,100.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,000.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $900.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: Yes
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • Unit 3:Heat: No
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: No
  • Unit 4:Level: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $900.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: Yes
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: No
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: No
  • Unit 5:Level: First
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $900.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 3.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: Yes
  • Unit 5:Dedicated Water Heater: Yes
  • Unit 5:Electric: No
  • Unit 5:Heat: No
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: No
  • Unit 6:Level: First
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $900.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 3.00
  • Unit 6:# of Bedrooms: 1.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: Yes
  • Unit 6:Dedicated Water Heater: Yes
  • Unit 6:Electric: No
  • Unit 6:Heat: No
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 4
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 1055 Middle Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1055 Middle Road

Taxable ValueLand$97,900Additions$233,800Total$331,700
Tax Record2023$4,611 ($384 / month)
Home Facts
Beds0Total Finished SqFt1,930 SqFtAbove Grade Finished SqFt1,930 SqFtStories1Lot Size871,200 SqFtStyleSingle Family ResidenceYear Built1972Year Renovated1990ZoningSEASONCountyKNOXAPNWRRR M:R14 L:010

Schools near 1055 Middle Road

This home is within Regional School Unit 40 Msad 40.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Warren Community School
PublicPK to 6

Medomak Middle School
Public7 to 8

Medomak Valley High School
Public9 to 12

Union Elementary School
PublicPK to 6

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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1055 Middle Road is a multi-family home for sale in Warren, ME 04864. This property was listed for sale on November 10, 2023 by ERA Dawson-Bradford Co., it's currently listed at $750,000. This listing's school district is Regional School Unit 40 Msad 40. Nearby schools include Warren Community School, Medomak Middle School and Medomak Valley High School. 1055 Middle Road is a 9-bed, 6-bath, 1,672 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA Dawson-Bradford Co.

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.