81 Bowdoin Street

Winthrop, ME 04364

$799,500
Price
20
Beds
12
Baths
10,147 Sq. Ft.
$79 / Sq. Ft.
10,147
Sq. Ft.
$79
per Sq. Ft.

Description

Here is an excellent 12-unit apartment complex with a nice in-town Winthrop location and walking distance to the public beach at Maranacook Lake. So much to offer; nice mix of apartments, 4-2 beds, 2-3 beds, 6 efficiencies/1 bed, (2 of the units are townhouse style with separate (newer) FHA furnaces) some remodeled units, all with full baths, living rooms, good flooring, etc., water views, good rental history, (some rents are below market) building manager in place, ample parking, lot size over 1...Here is an excellent 12-unit apartment complex with a nice in-town Winthrop location and walking distance to the public beach at Maranacook Lake. So much to offer; nice mix of apartments, 4-2 beds, 2-3 beds, 6 efficiencies/1 bed, (2 of the units are townhouse style with separate (newer) FHA furnaces) some remodeled units, all with full baths, living rooms, good flooring, etc., water views, good rental history, (some rents are below market) building manager in place, ample parking, lot size over 1 acre, frontage on Mill Stream, close to downtown. Good investment opportunity. Nice and consistent income producer - good long-term investment. Apartments are in big demand at this time.
  1. Listed by James Pepin • Sprague & Curtis Real Estate • jim@spragueandcurtis.com

Property Details for 81 Bowdoin Street

Waterfront
Yes
Waterfront Features
Stream
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
Residential
LISTING UPDATED: 10/25/2024 09:34 AM

Property Details for 81 Bowdoin Street

StatusActive
MLS #1591169
Days on Market180
Taxes$8,558 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1802
Lot Size1.07 AC / 46,609 SF
CountyKennebec County

Building Information for 81 Bowdoin Street

Stories3Residences12Year Built1802Building Size-Lot Size1.07 AC / 46,609 SF

Property Information for 81 Bowdoin Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Mill Stream
  • Directions: from Route 202, to downtown Winthrop, right on Bowdoin Street, on right.
  • Town: Winthrop
  • State/Province: ME
  • Zip Code: 04364
  • County: Kennebec
  • Geo Latitude: 44.30924
  • Geo Longitude: -69.972214
  • Tax Lot: 40
  • Site:Rolling/Sloping: Yes
  • Location:Intown: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Water Info:Waterfront Amount +: 100.00
  • Water Info:Water Frontage Owned: 100.00
  • Water Info:Water Frontage Shared: .00
  • Source of Water Frontage:Public Records: Yes
  • Source of Water Frontage:Seller: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Gravel, Paved, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 11256
  • Tax Map Number: 31
  • Tax Year: 23
  • Parcel Number: WINP-000031-000000-000040
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $8,558.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
  • Water Heater:Other Water Heater: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 10147.0
  • Lot Size Acres: 1.07
  • Source of Acreage: Public Records
  • Building Area Total: 10147.0
  • Lot Size Area: 1.07
  • Lot Size Units: Acres
  • Lot Size Square Feet: 46609.2
  • Bathrooms Full: 12
  • Bathrooms Half: 0
  • Street Number: 81
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Blue
Parking
  • Driveway:Gravel: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Documents Available: Other Public Access 1, Property Disclosure Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1802
Utilities
  • Electric: Fuses, Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Other Exterior, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle, Tar/Gravel
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Full, Partial, Interior Entry, Exterior Only, Unfinished
  • Flooring: Vinyl, Other, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Cooling: None
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Foundation Details: Stone, Granite, Other, Concrete Perimeter
  • # Floors: 3
  • Bathrooms Total (Integer): 12
  • Bathrooms Total (Decimal): 12.00
  • Bathrooms Total (Notational): 12.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $117,576.00
  • Operating Expenses: $43,177.00
Multi-Family Information
  • Number of Units: 12
  • Building Info:# Stories: 3
  • Building Info:# Heating Units: 4
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $900.00
  • 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: 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: $1,000.00
  • 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: 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: $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: No
  • 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: $900.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 5.00
  • Unit 4:# of Bedrooms: 3.00
  • 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: First
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $850.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 4.00
  • Unit 5:# of Bedrooms: 2.00
  • 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: $873.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 4.00
  • Unit 6:# of Bedrooms: 2.00
  • 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 7
  • Unit 7:Lease: Yes
  • Unit 7:Level: First
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $800.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 3.00
  • Unit 7:# of Bedrooms: 1.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: Yes
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 8
  • Unit 8:Lease: Yes
  • Unit 8:Level: First
  • Unit 8:Security Deposit: Yes
  • Unit 8:Monthly Rent: $700.00
  • Unit 8:# Full Baths: 1.00
  • Unit 8:# Half Baths: .00
  • Unit 8:# of Rooms: 3.00
  • Unit 8:# of Bedrooms: 1.00
  • Unit 8:Dedicated Electric Meter: Yes
  • Unit 8:Dedicated Gas Meter: No
  • Unit 8:Dedicated Water Heater: No
  • Unit 8:Electric: No
  • Unit 8:Heat: Yes
  • Unit 8:Range: Yes
  • Unit 8:Refrigerator: Yes
  • Unit 8:Sewer: Yes
  • Unit 8:Water: Yes
Unit 9
  • Unit 9:Lease: Yes
  • Unit 9:Level: Second
  • Unit 9:Security Deposit: Yes
  • Unit 9:Monthly Rent: $800.00
  • Unit 9:# Full Baths: 1.00
  • Unit 9:# Half Baths: .00
  • Unit 9:# of Rooms: 3.00
  • Unit 9:# of Bedrooms: 1.00
  • Unit 9:Dedicated Electric Meter: Yes
  • Unit 9:Dedicated Gas Meter: No
  • Unit 9:Dedicated Water Heater: No
  • Unit 9:Electric: No
  • Unit 9:Heat: Yes
  • Unit 9:Range: Yes
  • Unit 9:Refrigerator: Yes
  • Unit 9:Sewer: Yes
  • Unit 9:Water: Yes
Unit 10
  • Unit 10:Lease: Yes
  • Unit 10:Level: Second
  • Unit 10:Security Deposit: Yes
  • Unit 10:Monthly Rent: $700.00
  • Unit 10:# Full Baths: 1.00
  • Unit 10:# Half Baths: .00
  • Unit 10:# of Rooms: 3.00
  • Unit 10:# of Bedrooms: 1.00
  • Unit 10:Dedicated Electric Meter: Yes
  • Unit 10:Dedicated Gas Meter: No
  • Unit 10:Dedicated Water Heater: No
  • Unit 10:Electric: No
  • Unit 10:Heat: Yes
  • Unit 10:Range: Yes
  • Unit 10:Refrigerator: Yes
  • Unit 10:Sewer: Yes
  • Unit 10:Water: Yes
Unit 11
  • Unit 11:Lease: Yes
  • Unit 11:Level: Third
  • Unit 11:Security Deposit: Yes
  • Unit 11:Monthly Rent: $700.00
  • Unit 11:# Full Baths: 1.00
  • Unit 11:# Half Baths: .00
  • Unit 11:# of Rooms: 3.00
  • Unit 11:# of Bedrooms: 1.00
  • Unit 11:Dedicated Electric Meter: Yes
  • Unit 11:Dedicated Gas Meter: No
  • Unit 11:Dedicated Water Heater: No
  • Unit 11:Electric: No
  • Unit 11:Heat: Yes
  • Unit 11:Range: Yes
  • Unit 11:Refrigerator: Yes
  • Unit 11:Sewer: Yes
  • Unit 11:Water: Yes
Unit 12
  • Unit 12:Lease: Yes
  • Unit 12:Level: Third
  • Unit 12:Security Deposit: Yes
  • Unit 12:Monthly Rent: $675.00
  • Unit 12:# Full Baths: 1.00
  • Unit 12:# Half Baths: .00
  • Unit 12:# of Rooms: 3.00
  • Unit 12:# of Bedrooms: 1.00
  • Unit 12:Dedicated Electric Meter: Yes
  • Unit 12:Dedicated Gas Meter: No
  • Unit 12:Dedicated Water Heater: No
  • Unit 12:Electric: No
  • Unit 12:Heat: Yes
  • Unit 12:Range: Yes
  • Unit 12:Refrigerator: Yes
  • Unit 12:Sewer: Yes
  • Unit 12:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 6
  • Units:# of 2 BD Units: 4
  • Units:# of 3 BD Units: 2
  • Units:# of 4+ BD Units: 0

Property History for 81 Bowdoin 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 81 Bowdoin Street

Taxable ValueLand$32,300Additions$345,700Total$378,000
Tax Record2022$8,229 ($686 / month)
Home Facts
Baths12Total Finished SqFt10,147 SqFtAbove Grade Finished SqFt10,147 SqFtUnfinished Basement SqFt4,567 SqFtStories3Lot Size46,609 SqFtStyleMulti-Family Res (5+ Units)Year Built1802ZoningMIXCountyKENNEBECAPNWINP M:031 L:040

Schools near 81 Bowdoin Street

This home is within Winthrop Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Winthrop Grade School
PublicPK to 5

Winthrop Middle School
Public6 to 8

Winthrop High School
Public9 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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81 Bowdoin Street is a multi-family home for sale in Winthrop, ME 04364. This property was listed for sale on May 28, 2024 by Sprague & Curtis Real Estate, it's currently listed at $799,500. It has been on the market for a total of 180 days and was last sold on December 14, 2012. This listing's school district is Winthrop Public Schools. Nearby schools include Winthrop Grade School, Winthrop Middle School and Winthrop High School. 81 Bowdoin Street is a 20-bed, 12-bath, 10,147 sqft multi-family home built in 1802.

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 Sprague & Curtis 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.