Closed

$85,000

194 Katahdin Avenue, Millinocket, ME 04462

6beds

3,692sqft

Multi Family

Built in 1910

-- sqft lot

$165,700 Zestimate^®

$23/sqft

$1,375 Estimated rent

Home value

$165,700

$133,000 - $202,000

$1,375/mo

Zestimate^® history

Owner options

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$1,375/mo

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$1,375/mo

Rent Zestimate^®

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$435/mo

Est. payment

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$435/mo

Est. payment

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What's special

Newer metal roofNewer shinglesUpgraded electricalAtv trailsClose to storesNewer furnaces throughout

An ideal property if you would like to live in the house and collect income from the others to cover your living expenses or just looking for an investment property in the Katahdin region. This is a duplex with one 2-bedroom unit, one 3-bedroomunit and a separate 2-bedroom home in the back. The property is located within easy walking distance to downtown Millinocket, close to stores, restaurants, snowmobile and ATV trails and right on the way to Mount Katahdin and the great North Maine Woods. The property has a newer metal roof on the front of the house and newer shingles on the back house, newer furnaces throughout and upgraded electrical. It really is just in need of someone to do the cosmetic work and put it back to the income producer it can easily be!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air

Cooling

None

Features

Flooring: Carpet, Laminate, Vinyl, Wood
Basement: Interior Entry,Partial,Unfinished

Interior area

Total structure area: 3,692
Total interior livable area: 3,692 sqft
Finished area above ground: 3,692
Finished area below ground: 0

Property

Parking

Parking features: Gravel, 1 - 4 Spaces

Lot

Size: 7,840 Square Feet
Features: City Lot, Near Shopping, Neighborhood, Sidewalks

Details

Parcel number: MLNKMU04L040
Zoning: DC

Construction

Type & style

Home type: MultiFamily
Architectural style: New Englander
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Metal,Shingle

Condition

Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Millinocket

Financial & listing details

Price per square foot: $23/sqft
Tax assessed value: $82,500
Annual tax amount: $1,887
Date on market: 1/3/2024
Road surface type: Paved

Price history

Date	Event	Price
2/28/2024	Sold	$85,000-5.5%$23/sqft
Source: Maine Listings #1579840 Report a problem
1/9/2024	Contingent	$89,900$24/sqft
Source: Maine Listings #1579840 Report a problem
1/3/2024	Listed for sale	$89,900+499.3%$24/sqft
Source: Maine Listings #1579840 Report a problem
8/28/2017	Sold	$15,000$4/sqft
Source: Maine Listings #1303926 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,277 +20.7%	$82,500 +23.3%
2023	$1,887 +7.2%	$66,900 +12.1%
2022	$1,761 -1%	$59,700 +9.1%
2021	$1,778	$54,700
2020	$1,778 +3.8%	$54,700 +5.4%
2019	$1,713 +1.5%	$51,900
2018	$1,687 +0.7%	$51,900
2017	$1,676 +3.2%	$51,900
2016	$1,624 +5.5%	$51,900
2015	$1,539 +0.2%	$51,900
2014	$1,536	$51,900