122 Spring Street

Dexter, ME 04930

$300,000
Price
6
Beds
4
Baths
2,824 Sq. Ft.
$106 / Sq. Ft.
2,824
Sq. Ft.
$106
per Sq. Ft.

Description

Calling all first-time investors & Maine enthusiasts! This well-maintained 4-unit property in Dexter is your ticket to hassle-free income and a slice of New England charm. Live in one spacious unit & rent out the rest for steady cash flow. Here's what makes this a winning investment: Low-maintenance living: Breathe easy knowing the property is in tip-top shape. Be your own landlord: Live in one unit and enjoy the convenience of on-site tenants. Prime location: Dexter offers easy access to all the...Calling all first-time investors & Maine enthusiasts! This well-maintained 4-unit property in Dexter is your ticket to hassle-free income and a slice of New England charm. Live in one spacious unit & rent out the rest for steady cash flow. Here's what makes this a winning investment: Low-maintenance living: Breathe easy knowing the property is in tip-top shape. Be your own landlord: Live in one unit and enjoy the convenience of on-site tenants. Prime location: Dexter offers easy access to all the amenities you need, plus stunning outdoor recreation at Lake Wassookeag or head down to Sebasticook Lake. Imagine weekends spent: Kayaking on the nearby lakes. Hiking through picturesque trails. Exploring the charming shops and restaurants of Dexter and the Newport area. This income-generating gem won't last long!
  1. Listed by Trish Arcaro • NextHome Experience

Property Details for 122 Spring Street

Waterfront
No
ArchitecturalStyle
Farmhouse
Garage Spaces
.00
Garage
No
Zoning
RES
View
Scenic

Location

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LISTING UPDATED: 04/23/2024 12:45 PM

Property Details for 122 Spring Street

StatusActive
MLS #1587138
Days on Market24
Taxes$2,326 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.14 AC / 6,098 SF
CountyPenobscot County

Location

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Building Information for 122 Spring Street

Stories-Residences4Year Built1900Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$1,831 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$194

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 122 Spring Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Directions: Coming into Dexter going north on RTE 7 the home will be on your right
  • Town: Dexter
  • State/Province: ME
  • Zip Code: 04930
  • County: Penobscot
  • Geo Latitude: 45.017406
  • Geo Longitude: -69.289733
  • Tax Lot: 57
  • Site:Corner Lot: Yes
  • Site:Sidewalks: Yes
  • Site:Well Landscaped: Yes
  • Location:Intown: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Public Transport Access: Yes
Parking
  • Parking Features: 1 - 4 Spaces, 5 - 10 Spaces, Gravel
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 16826
  • Tax Map Number: 12
  • Tax Year: 2023
  • Parcel Number: 122springstdexter04930
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,326.00
  • Restrictions:Pet: Yes
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2824.0
  • Lot Size Acres: 0.14
  • Source of Acreage: Public Records
  • Building Area Total: 2824.0
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 122
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Brown/Tan
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Public Access, Property Disclosure Public Access, Lead Paint Addendum Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Other Structures: Shed(s)
  • Patio and Porch Features:Patio: Yes
Interior Features
  • Basement: Full, Interior Entry, Unfinished
  • Flooring: Wood, Vinyl, Carpet
  • Cooling: None
  • Heating: Forced Air
  • Foundation Details: Concrete Perimeter
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $38,004.00
  • Operating Expenses: $12,536.00
Multi-Family Information
  • Number of Units: 4
  • Building Info:# Heating Units: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,037.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: No
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $850.00
  • 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: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $675.00
  • 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: No
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $605.00
  • 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: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: Yes
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 122 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 122 Spring Street

Taxable ValueLand$7,900Additions$108,400Total$116,300
Tax Record2022$2,326 ($194 / month)
Home Facts
Lot Size6,098 SqFtCountyPENOBSCOTAPNDEXT M:012 L:57

Schools near 122 Spring Street

This home is within Msad 46.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Ridge View Community School
PublicPK to 8

Dexter Regional High School
Public9 to 12

Dexter Christian Academy
Private1 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.

Similar Homes

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Similar Sold Homes

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122 Spring Street is a multi-family home for sale in Dexter, ME 04930. This property was listed for sale on April 23, 2024 by NextHome Experience, it's currently listed at $300,000. It has been on the market for a total of 24 days and was last sold on May 18, 2023. This listing's school district is Msad 46. Nearby schools include Ridge View Community School, Dexter Regional High School and Dexter Christian Academy. 122 Spring Street is a 6-bed, 4-bath, 2,824 sqft multi-family home built in 1900.

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 NextHome Experience

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.