294 Main Street
Canaan, ME 04924
$320,000
Price
9
Beds
4
Baths
2,034 Sq. Ft.
$157 / Sq. Ft.
2,034
Sq. Ft.
$157
per Sq. Ft.
Active Under Contract
Active Under Contract
Description
Investors take notice! Purchase this property and instantly start making money. Spacious, well maintained, fully rented with mostly longer term tenants, four unit building with three two bedroom units and one three bedroom unit. Each unit has one bathroom. Many recent updates including water heaters, well pump and holding tank. The back property line is the Carrabassett stream offering nice views and the opportunity to take your canoe or kayak all the way to Sibley pond! Great location!Investors take notice! Purchase this property and instantly start making money. Spacious, well maintained, fully rented with mostly longer term tenants, four unit building with three two bedroom units and one three bedroom unit. Each unit has one bathroom. Many recent updates including water heaters, well pump and holding tank. The back property line is the Carrabassett stream offering nice views and the opportunity to take your canoe or kayak all the way to Sibley pond! Great location!
- Listed by Jim LeClair jr • Whittemore's Real Estate
Property Details for 294 Main Street
Waterfront
Yes
Waterfront FeaturesStream
ArchitecturalStyleMulti-Level
GarageNo
Zoningresidential
LISTING UPDATED: 03/14/2025 09:09 PM
Property Details for 294 Main Street
| Status | Active Under Contract |
|---|---|
| MLS # | 1612264 |
| Days on Market | 64 |
| Taxes | $3,578 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1890 |
| Lot Size | 0.30 AC / 13,068 SF |
| County | Somerset County |
Building Information for 294 Main Street
Stories-Residences4Year Built1890Building Size-Lot Size0.30 AC / 13,068 SF
Property Information for 294 Main Street
Summary
Location and General Information
- Road Surface Type: Paved
- Water Body Name: Carrabassett stream
- Zip Code: 3412
- Directions: GPS friendly, home located on Rt 2 directly across from the Hill Rd. See sign
- Town: Canaan
- State/Province: ME
- Zip Code: 04924
- County: Somerset
- Geo Latitude: 44.762742
- Geo Longitude: -69.560627
- Tax Lot: 003
- Site:Open: Yes
- Site:Rolling/Sloping: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Water Info:Waterfront Amount +: 75.00
- Water Info:Water Frontage Owned: 75.00
- Water Info:Water Frontage Shared: .00
- Source of Water Frontage:Public Records: Yes
- Recreational Water:River/Brook/Stream: Yes
Parking
- Parking Features: Gravel, Common, On Site, Off Street
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 4324
- Tax Map Number: U01
- Tax Year: 2024
- Parcel Number: CNNA-000001-000000-000003-U000000
- Location Information:Association Y/N: No
- Tax Annual Amount: $3,578.00
- Restrictions:No Cats Allowed: Yes
- Restrictions:No Dogs Allowed: Yes
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2034.0
- Lot Size Acres: 0.3
- Source of Acreage: Public Records
- Building Area Total: 2034.0
- Lot Size Area: 0.3
- Lot Size Units: Acres
- Lot Size Square Feet: 13068.0
- Bathrooms Full: 4
- Bathrooms Half: 0
- Street Number: 294
- Property Information:Surveyed: No
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
- Property Information:Deed: All
- Property Information:Total Half Baths: .00
Parking
- Driveway:Common: Yes
- Driveway:Gravel: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1890
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Private, Well
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Metal
- Patio and Porch Features:Deck: Yes
- Patio and Porch Features:Porch: Yes
Interior Features
- Basement: Dirt Floor, Crawl Space, Full, Partial, Interior Entry, Unfinished
- Flooring: Vinyl, Laminate, Carpet
- Cooling: None
- Heating: Hot Water, Baseboard
- Foundation Details: Stone, Granite, Concrete Perimeter, Brick/Mortar
- Bathrooms Total (Integer): 4
- Bathrooms Total (Decimal): 4.00
- Bathrooms Total (Notational): 4.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $46,200.00
- Operating Expenses: $11,620.95
Multi-Family Information
- Number of Units: 4
- Building Info:# Water Heaters: 4
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $950.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 4.00
- Unit 1:# of Bedrooms: 2.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: Yes
- Unit 2:Level: First
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,050.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 3.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: Yes
- Unit 3:Level: Second
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $900.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 4.00
- Unit 3:# of Bedrooms: 2.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: No
- Unit 3:Heat: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: Yes
- Unit 4:Level: Second
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $950.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 4.00
- Unit 4:# of Bedrooms: 2.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: No
- Unit 4:Dedicated Water Heater: Yes
- Unit 4:Electric: No
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 3
- Units:# of 3 BD Units: 1
- Units:# of 4+ BD Units: 0
Property History for 294 Main Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 294 Main Street
Taxable ValueLand$29,200Additions$308,300Total$337,500
Tax Record2024$3,578 ($298 / month)
Home Facts
Lot Size13,068 SqFtStyleFinancial BuildingCountySOMERSETAPNCNNA M:U01 L:003
Schools near 294 Main Street
This home is within Regional School Unit 54 Msad 54.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 4 to 5 |
Rating | School | Distance |
|---|---|---|
Canaan Elementary School PublicPK to 6 | ||
Skowhegan Area Middle School Public6 to 8 | ||
Skowhegan Area High School Public9 to 12 | ||
Margaret Chase Smith School-Skowhegan Public4 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Whittemore's Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
