468 Ossipee Trail
Limington, ME 04049

$400,000

Last Sold Price

Beds

Baths

2,408 Sq. Ft.

$166 / Sq. Ft.

2,408

Sq. Ft.

$166

per Sq. Ft.

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Closed 9/15/23

Description

Looking for a home but need some help with your mortgage? How about a lucrative investment opportunity to add to your portfolio? Look no further than this Limington duplex! This single floor duplex consists of two units, each featuring a bright, eat-in kitchen, a large living room and three spacious bedrooms with plenty of closet space. Topping off each space is an oversized full bathroom with a large closet and even a laundry room. Reside in one side, while renting out the other side and have your...Looking for a home but need some help with your mortgage? How about a lucrative investment opportunity to add to your portfolio? Look no further than this Limington duplex! This single floor duplex consists of two units, each featuring a bright, eat-in kitchen, a large living room and three spacious bedrooms with plenty of closet space. Topping off each space is an oversized full bathroom with a large closet and even a laundry room. Reside in one side, while renting out the other side and have your mortgage paid! Great rental history and sitting on 3.7 beautiful acres. Conveniently located off Route 25, this duplex is next door to Cornish, a charming town full of antique shops and renowned restaurants. Just a 35 minute drive to Portland and Biddeford, and a 40 minute commute to Conway, NH makes for an easy work commute. Storage sheds for tenant's use at each unit offer an added convenience. You can't go wrong with this income property or investment, jump at this opportunity before it's gone!

Listed by Carla Wakefield • Keller Williams Realty

Property Details for 468 Ossipee Trail

Waterfront

ArchitecturalStyle

Duplex

Garage

Zoning

View

Trees/Woods, Mountain(s), Scenic

LISTING UPDATED: 01/13/2025 10:15 PM

Property Details for 468 Ossipee Trail

Status	Closed
MLS #	1557173
Days on Market	112
Taxes	$1,535 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Multi-Family
Year Built	1997
Lot Size	3.70 AC / 161,172 SF
County	York County

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Location

Listing Courtesy of Keller Williams Realty

Sold By Real Broker

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Building Information for 468 Ossipee Trail

Stories-Residences2Year Built1997Building Size-Lot Size3.70 AC / 161,172 SF

Payment Calculator

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$2,069 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,941

Property Taxes

$128

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 468 Ossipee Trail

Summary

Location and General Information

Directions: West on Rt. 25 from Standish. GPS friendly. Second duplex in from Rt. 25.
Town: Limington

State/Province: ME
Zip Code: 04049
County: York
Geo Latitude: 43.768026
Geo Longitude: -70.720907
Tax Lot: 25A
Site:Open: Yes
Site:Rolling/Sloping: Yes
Site:Well Landscaped: Yes
Site:Wooded: Yes
Location:Near Shopping: Yes
Location:Near Town: Yes
Location:Rural: Yes

Parking

Parking Features: 5 - 10 Spaces, Gravel
Attached Garage: No

Taxes and HOA Information

Tax Book Number: 18795
Tax Map Number: R5

Tax Year: 2022
Parcel Number: LIMI-000005R-000000-000025A
Location Information:Association Y/N: No
Tax Annual Amount: $1,534.74
Restrictions:No Restrictions: Yes

School Information

School District: RSU 06/MSAD 06

Property

Heating and Cooling

Water Heater:Off Heating System: Yes

Lot Information

SqFt Finished Below Grade: 0.0
SqFt Finished Above Grade: 2408.0

Lot Size Acres: 3.7
Source of Acreage: Public Records
Building Area Total: 2408.0
Lot Size Area: 3.7
Lot Size Units: Acres
Lot Size Square Feet: 161172.0
Bathrooms Full: 2
Bathrooms Half: 0
Street Number: 468
Property Information:Surveyed: Yes
Property Information:Seasonal: No
Property Information:Owner Occupied: No
Property Information:Deed/Conveyance Type Offered: Warranty
Property Information:Deed: Partial
Property Information:Total Half Baths: .00
Property Information:Color: Tan

Parking

Driveway:Gravel: Yes

Property and Assessments

Leased Land: No
Property Type: Multi-Family

Property Type Label: Multi-Family
Year Built: 1997

Utilities

Electric: Circuit Breakers
Sewer: Septic Existing on Site

Water Source: Well
Utilities:Pole: at street
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)

Interior Features

Basement: Not Applicable
Flooring: Laminate, Carpet

Interior Features: 1st Floor Bedroom, Bathtub, Storage
Cooling: None
Heating: Radiant
Foundation Details: Slab
Laundry Features: Laundry - 1st Floor, Main Level
Bathrooms Total (Integer): 2
Bathrooms Total (Decimal): 2.00
Bathrooms Total (Notational): 2.00
Cooling YN: No
Heating YN: Yes

Multi Family

Income & Expenses Information

Gross Income: $34,800.00
Operating Expenses: $11,592.74

Multi-Family Information

Number of Units: 2

Unit 1

Unit 1:Lease: Yes
Unit 1:Level: First

Unit 1:Security Deposit: Yes
Unit 1:Monthly Rent: $1,450.00
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: No
Unit 1:Electric: No
Unit 1:Heat: Yes
Unit 1:Range: Yes
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: $1,450.00
Unit 2:# Full Baths: 1.00
Unit 2:# Half Baths: .00
Unit 2:# of Rooms: 5.00
Unit 2:# of Bedrooms: 3.00
Unit 2:Dedicated Electric Meter: Yes
Unit 2:Dedicated Gas Meter: No
Unit 2:Dedicated Water Heater: No
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 Information

Units:# of 1 BD Units: 0
Units:# of 2 BD Units: 0

Units:# of 3 BD Units: 2
Units:# of 4+ BD Units: 0

Property History for 468 Ossipee Trail

Date	Event & Source	Price	Appreciation
Sep 15, 2023	Sold (Public Record) Public Record #1518789570	$400,000	—
Sep 15, 2023	Sold Maine Listings #1557173	$400,000	—
Aug 16, 2023	Pending Maine Listings #1557173		—
Aug 16, 2023	Active Under Contract Maine Listings #1557173		—
Jun 11, 2023	Price Change Maine Listings #1557173	$418,500	—
May 30, 2023	Expired Maine Listings #1557173	$429,000	—
Apr 26, 2023	Listed (Active) Maine Listings #1557173	$429,000	—
Oct 6, 2015	Expired Maine Listings #1156491	$189,000	—
Oct 6, 2014	Listed (Active) Maine Listings #1156491	$189,000	—

Date	Event & Source	Price
09/15/2023	Sold (Public Record) Public Record #1518789570	$400,000
09/15/2023	Sold Maine Listings #1557173	$400,000
08/16/2023	Pending Maine Listings #1557173	—
08/16/2023	Active Under Contract Maine Listings #1557173	—
06/11/2023	Price Change Maine Listings #1557173	$418,500
05/30/2023	Expired Maine Listings #1557173	$429,000
04/26/2023	Listed (Active) Maine Listings #1557173	$429,000
10/06/2015	Expired Maine Listings #1156491	$189,000
10/06/2014	Listed (Active) Maine Listings #1156491	$189,000

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

Public Records for 468 Ossipee Trail

Taxable ValueLand$106,200Additions$274,600Total$380,800

Tax Record2025$4,265 ($355 / month)

Home Facts

Lot Size161,172 SqFtStyleDuplexCountyYORKAPNLIMI M:R5 L:25A

Schools near 468 Ossipee Trail

This home is within Regional School Unit 06 Msad 06.


Rating	School	Type	Grades	Distance
8/10	H B Emery Jr Memorial School	Public - Nearby school	PK to 5	2.8 mi
4/10	Bonny Eagle Middle School	Public - Nearby school	6 to 8	8.0 mi
3/10	Bonny Eagle High School	Public - Serves this home	9 to 12	7.8 mi
NR	Steep Falls Elementary School	Public - Nearby school	K to 5	4.3 mi
4/10	George E Jack School	Public - Nearby school	4 to 5	8.8 mi
9/10	Edna Libby Elementary School	Public - Nearby school	PK to 3	9.9 mi


Rating	School	Distance
8/10	H B Emery Jr Memorial School PublicPK to 5 Nearby school	2.8 mi
4/10	Bonny Eagle Middle School Public6 to 8 Nearby school	8.0 mi
3/10	Bonny Eagle High School Public9 to 12 Serves this home	7.8 mi
NR	Steep Falls Elementary School PublicK to 5 Nearby school	4.3 mi
4/10	George E Jack School Public4 to 5 Nearby school	8.8 mi
9/10	Edna Libby Elementary School PublicPK to 3 Nearby school	9.9 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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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.

468 Ossipee TrailLimington, ME 04049

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468 Ossipee Trail
Limington, ME 04049