Here's a great opportunity to own a three-unit rental right in the heart of Newcastle. Live in one unit, rent out the other two or rent them all out! Right up the road from the renowned Lincoln Academy, this property is well located. The first level offers two bedrooms and one full bath, with large eat-in kitchen and large living/family room. Second level also offers two bedrooms and one full bath, large eat-in kitchen and large living/family room. Third level is a studio, with nice open space, one bedroom and one full bathroom. The first and second floor units have been recently tastefully remodeled while retaining some original features of the house, like beautiful wood floors and nice trim work. Three dedicated electric meters and three dedicated water heaters. Minutes to the twin villages of Newcastle and Damariscotta, with their lovely shops and excellent restaurants. Miles Memorial Hospital just a few miles away, as well as easy access to Route 1.
Multi-familyProperty Type
1900Year Built
6,098 sq ftLot Size
$122Price/Sq.Ft.
1 spaceParking
Listed by Kirsten Ingram• Newcastle Realty
Listed by Patti Brown• Newcastle Realty
Contact: 207-563-1003
Bought with Susan Smith-Riedel• RE/MAX JARET & COHN
Renovated and updated In-town duplex. 2 units currently leased, each 2 bedrooms. Town water and town sewer. Walking distance to downtown. The building is a Colonial style with plenty of bright sunlight. Well maintained. Great location.
Year
Property tax
Land + Additions
Assessment*
2025
$5,350 (+5.1%)
$98,600 + $275,500
$374,100
2024
$5,088 (+21.2%)
$98,600 + $275,500
$374,100
2023
$4,197 (+0.6%)
$78,000 + $184,300
$262,300
2022
$4,171 (+3.9%)
$78,000 + $184,300
$262,300
2021
$4,013 (+28.5%)
$78,000 + $184,300
$262,300
2020
$3,124
$61,600 + $112,900
$174,500
2019
$3,124
$61,600 + $112,900
$174,500
2018
$3,124 (−0.8%)
$61,600 + $112,900
$174,500
2017
$3,150
$61,600 + $112,900
$174,500
2016
$3,150
$61,600 + $112,900
$174,500
2015
$3,150 (+3.8%)
$61,600 + $112,900
$174,500
2014
$3,036 (+9.4%)
$61,600 + $112,900
$174,500
2013
$2,775
$61,600 + $112,900
$174,500
Tax history for 11 Hillcrest Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,350 (+5.1%)
$98,600 + $275,500
$374,100
2024
$5,088 (+21.2%)
$98,600 + $275,500
$374,100
2023
$4,197 (+0.6%)
$78,000 + $184,300
$262,300
2022
$4,171 (+3.9%)
$78,000 + $184,300
$262,300
2021
$4,013 (+28.5%)
$78,000 + $184,300
$262,300
2020
$3,124
$61,600 + $112,900
$174,500
2019
$3,124
$61,600 + $112,900
$174,500
2018
$3,124 (−0.8%)
$61,600 + $112,900
$174,500
2017
$3,150
$61,600 + $112,900
$174,500
2016
$3,150
$61,600 + $112,900
$174,500
2015
$3,150 (+3.8%)
$61,600 + $112,900
$174,500
2014
$3,036 (+9.4%)
$61,600 + $112,900
$174,500
2013
$2,775
$61,600 + $112,900
$174,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.