29 Bellevue Street

Winslow, ME 04901
Baths
6
Square Ft.
3,528
$499,000
Six units, all offering 2 bedrooms each. Money maker with a cap rate of 11.64. Two new 50 gallon heat pump water heaters installed in 2019. New vinyl windows 2019.Substantial foundation and drainage renovations in 2021. All apartments renovated and electrical and plumbing upgrades have been ongoing since 2019. Hard wired smoke detectors in 2019. The furnace was not used for 6 years in another location then moved here in 2019. Washer and Dryer hookup ups in each unit. Some siding pieces are needed and the metal roof needs paint, but otherwise the building is in good condition. Management of the building is in place if you would like to keep it going. Again a money maker!!! The seller needs to sell 17 Veterans Court, Waterville (a 5 unit with great income also, in order to do a 1031 Exchange. Again a money maker!
Market LogoCourtesy of Maine Real Estate Pros 207-200-8759
Listing Snapshot
Days Online
41
Last Updated
Full Baths
6
Square Ft.
3,528
Lot Size
0.28 Acres
Year Built
1940
MLS Number
1639898
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Walk-Out Access", "Dirt Floor", "Full", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 3,528, Construction Materials: "Asbestos", "Wood Frame", Number Of Units Total: 6, Year Built: 1940, 3 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $18,138
Exterior Features
Patio And Porch Features: "Glass Enclosed", "Screened", Patio And Porch Features: "Glass Enclosed", "Screened"
Floors
Flooring: "Wood", "Vinyl", "Laminate"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Zoned", "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $776,500
Lot
Features: "Open", "Level", "Intown", "Near Shopping", "Neighborhood", 0.28 acres, Area: 0.28, 12,197 square feet
Parking
Features: "5 - 10 Spaces", "Gravel", "Paved"
Property
Parcel Number: WINS-000017-000000-000063, Zoning: MFR
Roof
Roof: "Metal"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $3,627, Tax Lot: 63
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04901
$270k
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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.