Profitable 7-unit building with one vacant two bedroom. Estimated cap rate 9% - 10% with potential for more. Large parking lot, concrete block structure, and new roof.
Closed
$259,000
142 Wassau Street, Millinocket, ME 04462
14beds
6,144sqft
Multi Family
Built in 1968
-- sqft lot
$342,800 Zestimate®
$42/sqft
$1,815 Estimated rent
Home value
$342,800
$295,000 - $398,000
$1,815/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 07:04pm
Listed by:
Keller Williams Realty
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1562366
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Sump Pump
Interior area
- Total structure area: 6,144
- Total interior livable area: 6,144 sqft
- Finished area above ground: 6,144
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 11 - 20 Spaces
Accessibility
- Accessibility features: Level Entry
Features
- Levels: Multi/Split
Lot
- Size: 0.42 Acres
- Features: City Lot, Corner Lot
Details
- Zoning: Res Dev
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry, Block
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1968
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Millinocket
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2023 | Sold | $259,000$42/sqft |
Source:  Maine Listings #1562366 | ||
| 7/24/2023 | Pending sale | $259,000$42/sqft |
Source: Maine Listings #1562366 | ||
| 7/17/2023 | Contingent | $259,000$42/sqft |
Source: Maine Listings #1562366 | ||
| 6/16/2023 | Listed for sale | $259,000$42/sqft |
Source: Maine Listings #1562366 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04462
Nearby schools
GreatSchools rating
- 7/10Granite Street SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Stearns High SchoolGrades: 6-12Distance: 0.7 mi
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