BACK ON THE MARKET AT NO FAULT OF ITS OWN!! Buyers financing fell through- now's your chance!! If you're looking for a turn key investment this is the property for you. This 3 unit has been renovated inside and out and is ready for its new owner to pick their perfect tenants and enjoy a passive income. This property boasts tall ceilings, spacious units, great decks and a large yard with plenty of room for each tenant to have their own space and parking. There is a small garage as well. The updates include a new roof, heat system, siding, windows, flooring, paint, fixtures, bathrooms and kitchens as well as all new plumbing. Right in town close to shops, restaurants, parks, hospitals and Colby College! Come see if this may be the right fit for your portfolio!
Multi-familyProperty Type
1900Year Built
10,018 sq ftLot Size
$140Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Sarah Donnell• Plowman Realty Group
Bought with Hiedi Laliberte• Your Home Sold Guaranteed Realty
Attention Investors! This massive three unit has the potential to be a cash cow! It features a big 2 bedroom apartment on the main floor with a dining room that could be converted into a possible 3 bedroom. The second floor contains a spacious 2 bedroom, and 1 bedroom unit. The current owner has already installed several new windows, and has several more that would come with the property. They also have some interior doors, sheetrock, and a new hybrid hot water heater as well. Location, location, location. Located on a double lot with a garage this property has plenty of yard space. Conveniently located. Minutes to the revitalized downtown area, Colleges, Hospitals. Highway and local airport. This amazing investment opportunity is awaiting your finishing touches and would make a great summer project!
MREIS #1059925
Jun 27, 2012
Listed
$79,900
$32/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,645 (+16.1%)
$14,500 + $141,100
$155,600
2024
$2,278 (+1.7%)
$11,200 + $102,700
$113,900
2023
$2,239 (+46.5%)
$11,200 + $101,300
$112,500
2022
$1,528 (+1.4%)
$8,400 + $50,700
$59,100
2021
$1,507 (−1.0%)
$8,400 + $50,700
$59,100
2020
$1,522
$8,400 + $50,700
$59,100
2019
$1,522 (+1.9%)
$8,400 + $50,700
$59,100
2018
$1,493 (+8.3%)
$8,400 + $50,700
$59,100
2017
$1,379 (+2.4%)
$8,400 + $50,700
$59,100
2016
$1,347 (−21.3%)
$8,400 + $50,700
$59,100
2015
$1,712 (+1.4%)
$9,600 + $52,000
$61,600
2014
$1,688
$9,600 + $52,000
$61,600
Tax history for 8 Summer St
Year
Property tax
Land + Additions
Assessment*
2025
$2,645 (+16.1%)
$14,500 + $141,100
$155,600
2024
$2,278 (+1.7%)
$11,200 + $102,700
$113,900
2023
$2,239 (+46.5%)
$11,200 + $101,300
$112,500
2022
$1,528 (+1.4%)
$8,400 + $50,700
$59,100
2021
$1,507 (−1.0%)
$8,400 + $50,700
$59,100
2020
$1,522
$8,400 + $50,700
$59,100
2019
$1,522 (+1.9%)
$8,400 + $50,700
$59,100
2018
$1,493 (+8.3%)
$8,400 + $50,700
$59,100
2017
$1,379 (+2.4%)
$8,400 + $50,700
$59,100
2016
$1,347 (−21.3%)
$8,400 + $50,700
$59,100
2015
$1,712 (+1.4%)
$9,600 + $52,000
$61,600
2014
$1,688
$9,600 + $52,000
$61,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
2,534
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
382794
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: 5 - 10 Spaces, Gravel, Detached, Off Street