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  • $425,000

    81 Mitchell Street, Mechanic Falls, ME 04256

    6beds
    5,014sqft
    Multi Family
    Built in 1840
    -- sqft lot
    $490,400 Zestimate®
    $85/sqft
    $2,175 Estimated rent

    Home value

    $490,400

    $446,000 - $539,000

    $2,175/mo

    Zestimate® history
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    What's special

    Hot waterNew roofNew hot water heaterNew heating systemVinyl sidingOffice areaLaundry room
    Introducing 81 Mitchell St, a 4 Unit investment or owner occupy property on 3 acres of land! The major systems have recently been done for you, including new heating system this Spring and new hot water heater for unit 1, new roof (2022/2023) vinyl siding only 3 yrs old, both decks re-done this Summer, and reclaimed asphalt in the front driveway just laid. The large first floor unit with 2-3 bedrooms, laundry room, office area, barn storage access, and 1 1/2 bathrooms, would be a great owner occupy unit, with the turn around driveway, beautiful farmer's porch, and overlooking the expansive side yard! The other three 1 bedroom units have all been renovated in the last 3 years, and they share a large parking area in the rear of the building, and pay for their own electricity and hot water, with hot water heaters accessible right in the units. Located just 15 minutes from Auburn. This is a unique opportunity the best of both worlds of home owning, income & land!

    Zillow last checked:

    Listing updated:

    Listed by:

    Fontaine Family-The Real Estate Leader

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1567538MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • 1st Floor Bedroom
    • Flooring: Vinyl, Wood
    • Basement: Exterior Entry,Dirt Floor,Walk-Out Access,Crawl Space,Unfinished
    Interior area
    • Total structure area: 5,014
    • Total interior livable area: 5,014 sqft
    • Finished area above ground: 5,014
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, Reclaimed, 11 - 20 Spaces
    Accessibility
    • Accessibility features: Roll-in Shower
    Features
    • Stories: 2
    • Patio & porch: Deck, Porch
    Lot
    • Size: 3.08 Acres
    • Features: Near Town, Neighborhood, Near Railroad, Level, Open Lot, Rolling Slope, Wooded
    Details
    • Parcel number: MECHM020L040
    • Zoning: General Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Farmhouse,Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Granite, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1840

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Mechanic Falls

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/8/2023Sold$425,000$85/sqft
    Source: Maine Listings #1567538 Report a problem
    8/10/2023Pending sale$425,000$85/sqft
    Source: Maine Listings #1567538 Report a problem
    8/3/2023Listed for sale$425,000+400%$85/sqft
    Source: Maine Listings #1567538 Report a problem
    12/30/2015Sold$85,000$17/sqft
    Source: Maine Listings #1241876 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,761 +10%$309,158
    2023$4,328 +33.7%$309,158 +112.5%
    2022$3,237 +3%$145,496
    2021$3,143 $145,496
    2020$3,143 +3.1%$145,496
    2019$3,048 -3.9%$145,496
    2018$3,172 -0.9%$145,496
    2017$3,201 +3.2%$145,496
    2016$3,102 -20.5%$145,496 -20.2%
    2015$3,901 +0.9%$182,301
    2014$3,865 +3.9%$182,301
    2013$3,719 +9.3%$182,301 -0.1%
    2012$3,404 +15.9%$182,527 +9.1%
    2011$2,937 $167,327 +1.5%
    2009-- $164,860 +0.3%
    2008-- $164,290 -2.8%
    2006$3,195 $169,030

    Find assessor info on the county website

    Neighborhood: 04256

    Nearby schools

    GreatSchools rating
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    $490,400
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    With Zillow Showcase(estimated)
    $500,208