Check out this beautiful three-unit with many new upgrades! From a new roof and heating system, to a reinforced foundation, updated electrical, and a new sewer line, this property has it all! Conveniently located in town, 4 Otis Street boasts accessibility and convenience to shopping, schools, and other public amenities. At an 11.6% cap rate, this fully rented triplex is an amazing investment opportunity you won't want to miss!
Closed
$220,000
4 Otis Street, Jay, ME 04239
8beds
2,675sqft
Multi Family
Built in 1900
-- sqft lot
$266,900 Zestimate®
$82/sqft
$1,046 Estimated rent
Home value
$266,900
$240,000 - $294,000
$1,046/mo
Zestimate® history
Owner options
List your home for rent
$1,046/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,046/mo
Rent Zestimate®
Refinance and save
$1,126/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,126/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Reinforced foundationConvenience to shoppingHeating systemNew roof
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Bought with:
Tim Dunham Realty
Source: Maine Listings,MLS#: 1585239
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Tile, Vinyl
- Basement: Interior Entry
Interior area
- Total structure area: 2,675
- Total interior livable area: 2,675 sqft
- Finished area above ground: 2,675
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
- Body of water: Androscoggin
Lot
- Size: 9,583 sqft
Details
- Parcel number: JAYYM015L055
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Jay
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2024 | Sold | $220,000-2.2%$82/sqft |
Source:  Maine Listings #1585239 Report a problem | ||
| 4/19/2024 | Pending sale | $225,000$84/sqft |
Source: Maine Listings #1585239 Report a problem | ||
| 3/29/2024 | Listed for sale | $225,000$84/sqft |
Source: Maine Listings #1585239 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,229 -4.4% | $55,870 |
| 2023 | $1,285 +12.2% | $55,870 |
| 2022 | $1,145 | $55,870 |
| 2021 | $1,145 | $55,870 |
| 2020 | $1,145 +12.3% | $55,870 |
| 2019 | $1,020 -9.8% | $55,870 |
| 2018 | $1,131 -10% | $55,870 |
| 2017 | $1,257 +6.6% | $55,870 |
| 2016 | $1,179 +22.3% | $55,870 |
| 2015 | $964 +9.5% | $55,870 |
| 2014 | $880 | $55,870 |
Find assessor info on the county website
Neighborhood: 04239
Nearby schools
GreatSchools rating
- 3/10Spruce Mountain Elementary SchoolGrades: 3-5Distance: 1 mi
- 2/10Spruce Mountain Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Spruce Mountain High SchoolGrades: 9-12Distance: 0.8 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Maine
- Franklin County
- Jay
- 04239
- 4 Otis Street
Nearby cities
Nearby zip codes
Other Jay Topics
