INVESTORS take notice. Very Well maintained 6 Unit building, all 1 bedroom/1 bath units. Conveniently located within walking distance to Ellsworth shopping, grocery, restaurants and other amenities. Great CASHFLOW as-is, being utilized for longer term tenants but only 15 miles from Acadia National Park/MDI makes it a great opportunity to create a Short Term Rental business if desired. Proximity to Major Employers: Just 1.1 miles from Maine Coast Memorial Hospital and 1.5 miles from Jackson Laboratory, making it an excellent option for mid-term rentals to professionals such as nurses, doctors, and scientists on traveling assignments. This property offers multiple revenue streams and exceptional potential for growth. DON'T MISS OUT on the chance to invest in a thriving area with strong demand for rental properties. * * * * * OPEN SHOWINGS/HOUSE MONDAY AUGUST 26TH 11:30am to 1:30pm * * * * * *
Multi-familyProperty Type
1972Year Built
10,018 sq ftLot Size
$185Price/Sq.Ft.
5 spacesParking
Listed by Stephanie Henry• NextHome Experience
Bought with Lewis Morrison Nicole Drake• NextHome Experience
Desirable location! (6) 1 Bedroom apartments with tremendous rental history and gross income of $48,600. Many recent updates, walking distance to area shopping and restaurants, paved parking. Wonderful investment opportunity. .. .Call for complete details!
MREIS #478809
Feb 1, 2001
Listed
$179,900
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$5,767 (+9.0%)
$23,125 + $307,375
$330,500
2023
$5,292 (+10.2%)
$23,125 + $282,750
$305,875
2022
$4,802 (+17.3%)
$23,125 + $282,750
$305,875
2021
$4,093 (−3.2%)
$18,500 + $208,500
$227,000
2020
$4,227 (−0.2%)
$18,500 + $206,700
$225,200
2019
$4,236 (+3.1%)
$18,500 + $206,700
$225,200
2018
$4,108 (+2.3%)
$18,500 + $206,700
$225,200
2017
$4,016 (+1.6%)
$18,500 + $205,000
$223,500
2016
$3,951 (−5.8%)
$18,500 + $205,000
$223,500
2014
$4,196 (+6.5%)
$50,100 + $205,000
$255,100
2012
$3,941
$50,100 + $205,000
$255,100
Tax history for 49 Foster St
Year
Property tax
Land + Additions
Assessment*
2024
$5,767 (+9.0%)
$23,125 + $307,375
$330,500
2023
$5,292 (+10.2%)
$23,125 + $282,750
$305,875
2022
$4,802 (+17.3%)
$23,125 + $282,750
$305,875
2021
$4,093 (−3.2%)
$18,500 + $208,500
$227,000
2020
$4,227 (−0.2%)
$18,500 + $206,700
$225,200
2019
$4,236 (+3.1%)
$18,500 + $206,700
$225,200
2018
$4,108 (+2.3%)
$18,500 + $206,700
$225,200
2017
$4,016 (+1.6%)
$18,500 + $205,000
$223,500
2016
$3,951 (−5.8%)
$18,500 + $205,000
$223,500
2014
$4,196 (+6.5%)
$50,100 + $205,000
$255,100
2012
$3,941
$50,100 + $205,000
$255,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.