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$399,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Units
  • 0.04 Acres
See This Home
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See This Home
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Fully occupied and cash flowing property with established tenants who have an excellent rental history. This well built property has received over $150k in renovations and is turnkey. Updates involve 2 full unit remodels from the studs out and a new roof in 2023. Beautiful small town location on the river right beside the dam (not a flood zone) and across the street from a grassy park. Easy walking distance to several restaurants, grocery, convenience, schools, hardware, etc... An excellent choice for investment portfolio or choose to live very affordably with a potential owner occupancy. Opportunity exists to increase revenues including finishing 3rd floor for additional unit with town approval. Group showings 3/15 from 2-3:30pm.

Full Property Details for 1 N Main St

General

  • Sold For: $399,000
  • Taxes: $4,438 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1615581
  • Added to Site: 412 day(s) ago

Interior

  • Interior Features: 1st Floor Bedroom, Attic
  • Flooring: Wood, Vinyl, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Other Rooms

  • Laundry: Washer Hookup

Additional Information

  • Equipment: Internet Access Available

Parking

  • Parking Features: Assigned, 1 - 4 Spaces, Gravel, Common, Off Street, On Street

Location

  • County: Androscoggin

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Zoned, Hot Water, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Utilities On, Pole

Structural Information

  • Architectural Style: Colonial
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Building Size: 2800
  • Square Feet: 2,800
  • Living Area: 2,800 Sq. Ft.
  • Finished Total: 2,800 Sq. Ft.
  • Finished Above Grnd: 2,800 Sq. Ft.
  • Year Built: 1900

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742.4
  • Lot Size Source: Public Records
  • Zoning: Downtown Business
  • Lot Description: Corner Lot, Sidewalks, Intown, Near Shopping

Financial Considerations

  • Tax Amount: $4,438
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 96

Listed by Bearfoot Realty (207) 539-6060
Sold by Coldwell Banker Realty (207) 773-1990

Listing agent

— 1 N Main St —

  • Bearfoot Realty

    207-539-6060

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 N Main St

School District:Regional School Unit 16
NameGradesDistance
Elm Street School-Mechanic Falls
129 Elm Street, Mechanic Falls, ME 04256
PK-60.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 N Main St

Date
Details
Price
Change
Source
5/21/2025
Sold
$399,000
—
MLS
4/02/2025
Price Reduced
$399,000
-2.44%
MLS
3/06/2025
Listed
$409,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Bearfoot Realty (207) 539-6060
Sold by Coldwell Banker Realty (207) 773-1990

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1 N Main Street, Mechanic Falls, ME 04256 (MLS# 1615581) is a Multi-Family property that was sold at $399,000 on May 21, 2025. Want to learn more about 1 N Main Street? Do you have questions about finding other Multi-Family real estate for sale in Mechanic Falls? You can browse all Mechanic Falls real estate or contact a Coldwell Banker agent to request more information.