16 South Garand Street

Winslow, ME 04901
Baths
3
Square Ft.
2,656
$388,000
Great Investment Opportunity! This charming multi-unit features two spacious apartments, each offering excellent value. The first unit boasts 3 bedrooms and 2 baths, while the second unit offers 3 bedrooms and 1 bath - perfect for families or tenants seeking extra space. Both units are well-maintained and include a bright, welcoming sun porch that adds a touch of warmth and character to the home. The property also features an oversized 2-car garage, providing ample storage or parking space, along with two driveways for added convenience. The clean and dry, improved basement with a concrete floor includes two breaker boxes and a newly installed hot water heater, ensuring reliable functionality for both units. Currently under-valued rents offer a great opportunity to increase cash flow. With so much potential for future growth, this property is a must-see for investors or owner-occupants looking for a solid investment in a desirable location.
Market LogoCourtesy of Summit Real Estate 207-436-5555
Listing Snapshot
Days Online
57
Last Updated
Full Baths
3
Square Ft.
2,656
Lot Size
0.22 Acres
Year Built
2950
MLS Number
1616150
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full"
Building
Architectural Style: "Other", Building Area Total: 2,656, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 2950, 2 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $12,825
Exterior Features
Patio And Porch Features: "Porch", Patio And Porch Features: "Porch"
Fireplaces
Building includes fireplace, 1 total fireplace
Floors
Flooring: "Wood"
Foundation
Foundation Details: "Concrete Perimeter"
Garage
Attached Garage, Garage Included, 2 garage spaces
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $42,000
Laundry
Features: "Laundry - 1st Floor", "Upper Level", "Main Level"
Lot
Features: "Well Landscaped", "Open", "Corner Lot", "Level", "Sidewalks", "Intown", "Near Shopping", "Near Town", "Neighborhood", 0.22 acres, Area: 0.22, 9,583 square feet
Parking
Features: "5 - 10 Spaces", "Gravel", "On Site", "Inside Entrance"
Property
Parcel Number: 16SouthGarandStWinslow04901, Zoning: Res
Roof
Roof: "Metal", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $4,019, Tax Lot: 083
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04901
$241k
-12%
(avg) sold price
16
-23%
homes sold
44
+22%
(avg) days on market
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Fred Andrews
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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.