Here is an excellent 12-unit apartment complex with a nice in-town Winthrop location and walking distance to the public beach at Maranacook Lake.

So much to offer; nice mix of apartments, 4-2 beds, 2-3 beds, 6 efficiencies/1 bed , (2 f the units are townhouse style with separate (newer) FHA furnaces) some remodeled units, all with full baths, living rooms, good flooring, etc., water views, good rental history, (some rents are below market) building manager in place, ample parking, lot size over 1 acre, frontage on Mill Stream, close to downtown.

Good investment opportunity. Nice and consistent income producer - good long-term investment. Apartments are in big demand at this time.

Request Information
on 81 Bowdoin St
in Winthrop, ME
Presented by James Pepin at
Sprague & Curtis Real Estate.


Property MLS #1591169 from MaineListings

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bathrooms

Total Bathrooms: 12
Full Bathrooms: 12

+ Interior Features

1st Floor Bedroom
Bathtub
Shower
Storage
Flooring: Vinyl, Carpet

+ Other Rooms

Basement Features: Full, Partial, Interior Entry, Exterior Only, Unfinished

+ Heating and Cooling

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

+ Waterfront and Water Access

Water Body Name: Mill Stream
Stream

+ Exterior and Lot Features

Patio And Porch Features: Porch

+ Land Info

Lot Description: Rolling Slope, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood
Lot Size Acres: 1.07
Lot Size Square Feet: 46609

+ Garage and Parking

Parking Features: 11 - 20 Spaces, Gravel, Paved, On Site

+ Rental Info

Gross Income: 113100

+ Multi-Unit Info

Number of Units: 12

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 8558
Source Listing Status: Active
County: Kennebec
Directions: from Route 202, to downtown Winthrop, right on Bowdoin Street, on right.
Source Property Type: Multi-Family
Parcel Number: WINP-000031-000000-000040
Zoning: Residential
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-07-29
$799,500
MaineListings

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Price Changed 2024-07-05
$849,000
MaineListings

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Listed 2024-05-28
$899,900
MaineListings

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Listing removed 2012-11-20
$469,900
MaineListings

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Price Changed 2012-09-28
$469,900
MaineListings

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Listed 2012-07-24
$479,900
MaineListings

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Sold 2006-12-01
$170,240
Public Record

+ Commercial Info

Operating Expense: 43177

+ Building and Construction

Year Built: 1802
Above Grade Finished Area: 10147
Building Area Total: 10147
Building Exterior Type: Vinyl Siding, Other Exterior, Wood Frame
Construction Materials: Vinyl Siding, Other Exterior, Wood Frame
Foundation Details: Stone, Granite, Concrete Perimeter
Property Age: 222
Roof: Shingle, Tar/Gravel
Architectural Style: Multi-Level

+ Utilities

Sewer: Public Sewer
Utilities On
Water Source: Public

+ Display Complete School Details

Winthrop Grade School is a public elementary school located approximately 0.3 miles away.
Map directions

Winthrop Middle School is a public middle school located approximately 0.8 miles away.
Map directions

Winthrop High School is a public high school located approximately 0.9 miles away.
Map directions