Excellent opportunity for investor or owner-occupied investor. Property has been well maintained with the same owner since the mid 80's. Total of 5 apartments. The main apartment was used by the owner as a pre-school for decades. Time for rest and retirement for this Seller! Excellent safe area right behind the Stephens Hospital and Medical Buildings. Full dry basement for ample storage with entry thru bulkhead. Paved Parking lot, allowing one car per apartment. Bonus back yard for shared interests. Metal roof, hot water baseboard heating, town water and sewer, building deemed lead safe, Excellent tenant history who would love to continue to rent with the new owner.
Closed
$400,000
40 Winter Street, Norway, ME 04268
7beds
3,021sqft
Multi Family
Built in 1910
-- sqft lot
$420,500 Zestimate®
$132/sqft
$1,631 Estimated rent
Home value
$420,500
$353,000 - $488,000
$1,631/mo
Zestimate® history
Owner options
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List your homeWhat's special
Hot water baseboard heatingMetal roofPaved parking lot
Zillow last checked:
Listing updated:
Listed by:
Bearfoot Realty
Bought with:
Maine Real Estate Pros
Source: Maine Listings,MLS#: 1614947
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Hot Water, Zoned, Radiator
Cooling
- None
Features
- In-Law Floorplan, One-Floor Living, Pantry, Storage, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Vinyl, Wood
- Basement: Bulkhead,Full,Brick/Mortar
Interior area
- Total structure area: 3,021
- Total interior livable area: 3,021 sqft
- Finished area above ground: 3,021
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, On Site
Lot
- Size: 0.28 Acres
- Features: City Lot, Level, Open Lot, Landscaped
Details
- Parcel number: NORYM030L034
- Zoning: Mixed
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding, Wood Siding
- Foundation: Brick/Mortar
- Roof: Metal
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On, Pole
Community & neighborhood
Location
- Region: Norway
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $400,000+3.9%$132/sqft |
Source:  Maine Listings #1614947 Report a problem | ||
| 3/1/2025 | Contingent | $385,000$127/sqft |
Source: Maine Listings #1614947 Report a problem | ||
| 2/25/2025 | Listed for sale | $385,000$127/sqft |
Source: Maine Listings #1614947 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,964 +21.3% | $222,461 +0% |
| 2023 | $3,269 +4.2% | $222,400 |
| 2022 | $3,136 +2.5% | $222,400 +26.9% |
| 2021 | $3,059 -0.6% | $175,300 |
| 2020 | $3,077 | $175,300 |
| 2019 | $3,077 +2.1% | $175,300 |
| 2018 | $3,015 | $175,300 |
| 2017 | $3,015 +8.2% | $175,300 |
| 2015 | $2,787 +8.1% | $175,300 |
| 2013 | $2,577 +2.1% | $175,300 |
| 2012 | $2,524 +5.9% | $175,300 |
| 2011 | $2,384 | $175,300 |
| 2009 | -- | $175,300 +24.9% |
| 2006 | -- | $140,300 |
Find assessor info on the county website
Neighborhood: 04268
Nearby schools
GreatSchools rating
- 2/10Guy E Rowe SchoolGrades: PK-6Distance: 0.2 mi
- 2/10Oxford Hills Middle SchoolGrades: 7-8Distance: 1.1 mi
- 3/10Oxford Hills Comprehensive High SchoolGrades: 9-12Distance: 0.2 mi
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$420,500
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- Maine
- Oxford County
- Norway
- 04268
- 40 Winter Street
Nearby cities
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