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$349,000   Price Analysis
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77 Main St
Dexter, ME 04930
Unknown bed 4 bath 3,436 SqFt ($101/SqFt)
0.75 acre lot. Built 1900
Listed 2023-10-15
USDA Eligible
near Dexter, ME
 Restrictions may apply
due to home size

Four unit multi-family home with a large barn and a back yard with plenty of elbow room for tenants to play or relax in.

If owner was to occupy one of the units, other three units should be able to pay the mortgage, taxes, insurance and some left over money set side for repairs. Barn/garage provide serious potential. Has power, insulated and it's own forced hot air furnace. Garage space for vehicles, toys or equipment. Workshop space for projects and extra side rooms tucked away for storage. Could simply convert the entire barn into storage units. Buyers are encouraged to research local land use ordinances before investing in remodeling barn into future possibilities.

Property is close on the edge of town, yet close enough to enjoy all the perks of being in town. All major parts of the building are in solid shape. No issues with the sewer or water. Metal roofs installed professional in 2018. Foundati on appears to be in exceptional shape. Basement does not flood or even have a musty smell to it. Good solid bones. Apartments have not had a facelift in some time. Some paint, minor repairs and a landlord with a consistent presences would breath new life into this investment opportunity.


Presented by Mark Mcnaughton at
Maine Properties Realty, Inc.


Property MLS #1574919 from MaineListings

Total Bathrooms: 4
Full Bathrooms: 4

Basement Features: Sump Pump, Exterior Entry, Bulkhead, Interior Entry, Unfinished

Heating Features: Multi-Zones, Hot Water, Baseboard
Heating: Yes

Flooring: Laminate

Attached Garage: Yes
Garage Spaces: 2
Parking Features: 5 - 10 Spaces, Gravel, Heated Garage, Off Street, Storage

Other Structures: Barn
Patio And Porch Features: Porch

Lot Description: Level, Open Lot, Intown, Near Golf Course
Lot Size Acres: 0.75
Lot Size Square Feet: 32670

Gross Income: 36000

Number of Units: 4

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2624
Source Listing Status: Active
County: Penobscot
Directions: From the only traffic lights in Dexter, turn down the hill onto Main Street (Route 23). Building is the second one after Lincoln Street. Main Highlands FCU will be your best landmark.
Tax Year: 2023
Source Property Type: Multi-Family
Parcel Number: 77MainStreetDexter04930
Postal Code Plus 4: 1200
Zoning: Residential
Source System Name: C2C

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Operating Expense: 14744

Year Built: 1900
Above Grade Finished Area: 3436
Building Area Total: 3436
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Granite, Brick/Mortar
Property Age: 124
Roof: Metal
Architectural Style: Farmhouse

Sewer: Public Sewer
Utilities On
Water Source: Public

Dexter Regional High School is a public high school located approximately 0.5 miles away.
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Ridge View Community School is a public elementary and middle school located approximately 1.1 miles away.
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Dexter Christian Academy is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.