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$537,500 -$2,500 (-0.46%) Price Reduced
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Property Description
Discover the potential of this versatile commercial and residential property in the heart of Clinton, Maine. Situated on a corner lot with ample parking, this building boasts three spacious residential apartments and two flexible commercial units. One commercial space is currently operating as a salon but can easily be transformed into a two-bedroom apartment, adding to the property's residential appeal. The second commercial unit features a large three-bay garage, perfect for a variety of business ventures or additional storage space. Whether you're looking to expand your investment portfolio or seeking a property with diverse income potential, 38 Railroad St offers the perfect blend of commercial and residential opportunities. Its strategic location, combined with existing rental income and future conversion possibilities, makes this property a must-see for savvy investors. Don't miss out on this exceptional opportunity!
Full Property Details
Full Property Details for 38 Railroad St
General
- Price: $537,500
- Taxes: $4,703 (2023)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1598944
- Updated: 11/4/2024
- Added to Site: 99 day(s) ago
Business
- Business Type: Manufacturing, Industrial, Auto Service
Interior
- Interior Features: Storage
Parking
- Parking Features: 5 - 10 Spaces
Location
- County: Kennebec
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding, Vinyl Siding, Metal Clad, Steel Frame, Wood Frame
- Roof: Flat, Shingle
- Building Size: 2595
- Square Feet: 2,595
- Living Area: 2,595 Sq. Ft.
- Year Built: 1800
- Other Struct. Feat.: Loading Docks 1 - 4
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810.4
- Zoning: commercial/res
- Lot Description: Public Transport Access
Financial Considerations
- Tax Amount: $4,703
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 31
Listed by EXP Realty (888) 439-8743
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Schools
Schools serving 38 Railroad St
School District:Rsu 49/Msad 49
Rating | Name | Grades | Distance |
---|---|---|---|
9 School St, Fairfield, ME 04937 | 9-12 | 6.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38 Railroad St
Date
Details
Price
Change
Source
11/04/2024
Price Reduced
$537,500
-0.46%
MLS
10/08/2024
Price Reduced
$540,000
-1.82%
MLS
8/01/2024
Listed
$550,000
57.14%
MLS
6/30/2022
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 38 Railroad St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,703
33%
$279,940
—
2022
$3,527
-17%
$279,940
—
2021
$4,227
5%
$279,940
38%
2020
$4,035
3%
$202,750
—
2017
$3,933
3%
$202,750
-1%
2016
$3,818
1%
$204,157
-1%
2015
$3,762
3%
$205,564
-1%
2014
$3,664
-1%
$207,000
-1%
2013
$3,689
15%
$208,400
-1%
2012
$3,210
—
$209,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 38 Railroad St
38 Railroad Street, Clinton, ME 04927 (MLS# 1598944) is a Commercial property. 38 Railroad Street is currently listed for $537,500 and was received on August 01, 2024. Want to learn more about 38 Railroad Street? Do you have questions about finding other Commercial real estate for sale in Clinton? You can browse all Clinton real estate or contact a Coldwell Banker agent to request more information.