35 Academy Hill Street

Newcastle, ME 04553

$637,500
Last Sold Price
6
Beds
6
Baths
2,784 Sq. Ft.
$229 / Sq. Ft.
2,784
Sq. Ft.
$229
per Sq. Ft.

Closed 11/14/24

Closed 11/14/24

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Description

Welcome to the Beehive Apartments located just a couple blocks from the downtown shopping and dining of the Twin Villages of Damariscotta/Newcastle. Featuring six 1BR/1 bath apartments with a long history of full occupancy, onsite parking for nine cars with additional parking just steps away on Depot St. Recent new roof. An excellent opportunity in a desirable area.Welcome to the Beehive Apartments located just a couple blocks from the downtown shopping and dining of the Twin Villages of Damariscotta/Newcastle. Featuring six 1BR/1 bath apartments with a long history of full occupancy, onsite parking for nine cars with additional parking just steps away on Depot St. Recent new roof. An excellent opportunity in a desirable area.
  1. Listed by Kirstie Ransdell • Keller Williams Realty
  2. Listed by James Cosgrove • Keller Williams Realty

Property Details for 35 Academy Hill Street

Waterfront
No
ArchitecturalStyle
Colonial
Garage
No
Zoning
SD-fabrication
LISTING UPDATED: 11/18/2024 07:32 PM

Property Details for 35 Academy Hill Street

StatusClosed
MLS #1603013
Days on Market3
Taxes$5,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.24 AC / 10,454 SF
CountyLincoln County

Building Information for 35 Academy Hill Street

Stories3Residences6Year Built1900Building Size-Lot Size0.24 AC / 10,454 SF

Property Information for 35 Academy Hill Street

Summary
Location and General Information
  • Zip Code: 3433
  • Directions: From Business Rte 1/Main Street in Damariscotta/Newcastle stay straight crossing Mills Rd to continue up Academy Hill Street
  • Town: Newcastle
  • State/Province: ME
  • Zip Code: 04553
  • County: Lincoln
  • Geo Latitude: 44.036904
  • Geo Longitude: -69.539024
  • Tax Lot: 2
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 2195
  • Tax Map Number: 13
  • Tax Year: 2024
  • Parcel Number: NEWC-000013-000000-000002
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,700.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2784.0
  • Lot Size Acres: 0.24
  • Source of Acreage: Public Records
  • Building Area Total: 2784.0
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10454.4
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Street Number: 35
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Trustee
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
  • Property Information:Color: light blue
Parking
  • Driveway:Common: Yes
  • Driveway:Gravel: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Composition, Metal, Shingle
Interior Features
  • Basement: Bulkhead, Dirt Floor, Full, Exterior Entry, Exterior Only
  • Flooring: Wood, Vinyl, Carpet
  • Cooling: None
  • Heating: Hot Water, Baseboard
  • # Stories: 3
  • # Floors: 3
  • Bathrooms Total (Integer): 6
  • Bathrooms Total (Decimal): 6.00
  • Bathrooms Total (Notational): 6.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $70,524.00
  • Operating Expenses: $15,570.00
Multi-Family Information
  • Number of Units: 6
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 3
  • Building Info:# Floors: 3
  • Building Info:# Heating Units: 1
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,200.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • 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: $1,200.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 2.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • 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: $925.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • 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: $850.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Third
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $650.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 2.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 6
  • Unit 6:Lease: Yes
  • Unit 6:Level: First
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $1,050.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 3.00
  • Unit 6:# of Bedrooms: 1.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 6
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 35 Academy Hill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 35 Academy Hill Street

Taxable ValueLand$104,000Additions$315,100Total$419,100
Tax Record2024$5,700 ($475 / month)
Home Facts
Baths3Total Finished SqFt2,784 SqFtAbove Grade Finished SqFt2,784 SqFtStories3Lot Size10,454 SqFtStyleDuplexZoningRBCountyLINCOLNAPNNEWC M:013 L:002

Schools near 35 Academy Hill Street

This home is within Great Salt Bay Community School District.
Rating
School
Type
Grades
Distance
Great Salt Bay Community School
Public - K to 8
Lincoln Academy
Private - 9 to 12
Rating
School
Distance
Great Salt Bay Community School
PublicK to 8

Lincoln Academy
Private9 to 12

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.

Listing Courtesy of Keller Williams Realty

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.