38 Railroad Street
Clinton, ME 04927
$537,500
Price
4
Beds
3
Baths
2,595 Sq. Ft.
$207 / Sq. Ft.
2,595
Sq. Ft.
$207
per Sq. Ft.
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...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!
- Listed by Jason Erwin • EXP Realty
- Listed by Rylee Knox • EXP Realty
Property Details for 38 Railroad Street
Waterfront
No
ArchitecturalStyleMulti-Level
Garage Spaces6.00
GarageYes
ZoningCommercial/ Res
LISTING UPDATED: 11/04/2024 09:02 PM
Property Details for 38 Railroad Street
| Status | Active |
|---|---|
| MLS # | 1598945 |
| Days on Market | 107 |
| Taxes | $323 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1800 |
| Lot Size | 0.34 AC / 14,810 SF |
| County | Kennebec County |
Building Information for 38 Railroad Street
Stories2Residences3Year Built1800Building Size-Lot Size0.34 AC / 14,810 SF
Property Information for 38 Railroad Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 3212
- Directions: Apple maps: 38 Railroad Ave, Clinton is accurate. Google maps: 38 Railroad Ave, Clinton is NOT accurate. Recommend using 14 Railroad St on Google maps ONLY to find address and use listing photos for reference.
- Town: Clinton
- State/Province: ME
- Zip Code: 04927
- County: Kennebec
- Geo Latitude: 44.638229
- Geo Longitude: -69.503474
- Tax Lot: 31
- Site:Corner Lot: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Location:Near Railroad: Yes
- Location:Neighborhood: Yes
Parking
- Parking Features: 5 - 10 Spaces, Gravel
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 14501
- Tax Map Number: 17
- Tax Year: 2023
- Parcel Number: CLNT-000017-000000-000028
- Location Information:Association Y/N: No
- Tax Annual Amount: $323.00
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 2595.0
- Lot Size Acres: 0.34
- Source of Acreage: Public Records
- Building Area Total: 2595.0
- Lot Size Area: 0.34
- Lot Size Units: Acres
- Lot Size Square Feet: 14810.4
- Bathrooms Full: 3
- Bathrooms Half: 0
- Street Number: 38
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Gravel: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1800
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Pole: 3
- Utilities:Utilities On: Yes
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Metal Clad, Steel Frame, Wood Frame
- Vehicle Storage:4+ Car: Yes
- Roof: Shingle
Interior Features
- Basement: Bulkhead, Dirt Floor, Full, Sump Pump, Exterior Entry
- Flooring: Wood, Laminate, Carpet
- Cooling: Heat Pump
- Heating: Heat Pump, Forced Air
- Foundation Details: Block
- Laundry Features: Washer Hookup
- # Stories: 2
- # Floors: 2
- Bathrooms Total (Integer): 3
- Bathrooms Total (Decimal): 3.00
- Bathrooms Total (Notational): 3.00
- Cooling YN: Yes
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $49,802.00
- Operating Expenses: $36,708.00
Multi-Family Information
- Number of Units: 3
- Building Info:# Stories: 2
- Building Info:# Floors: 2
- Building Info:# Heating 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: $850.00
- 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: 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: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,100.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 2.00
- 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: First
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $1,100.00
- 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: 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 Information
- Units:# of 1 BD Units: 2
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 38 Railroad 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 38 Railroad Street
Taxable ValueLand$38,480Additions$241,460Total$279,940
Tax Record2024$5,109 ($426 / month)
Home Facts
Lot Size14,810 SqFtStyleFinancial BuildingCountyKENNEBECAPNCLNT M:017 B:031
Schools near 38 Railroad Street
This home is within Regional School Unit 49 Msad 49.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 1 to 6 |
Rating | School | Distance |
|---|---|---|
Clinton Elementary School PublicPK to 6 | ||
Lawrence Jr High School Public7 to 8 | ||
Lawrence High School Public9 to 12 | ||
Benton Elementary School Public1 to 6 |
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 EXP 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.
