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Sold on 08/12/2022
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3 Bedford St, Bath, ME 04530

  • $490,000

    Last sold 08/12/2022 after 165 Days

  • 4

    bed

  • 4

    bath

  • 2,904

    Sqft ($169/Sqft)

Multi-family not for sale
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About 3 Bedford St

Property type Multi-family
Year built 1890
HOA fee $0/month
Lot size 8,276 Sqft
Property description
Excellent investment opportunity in this 4 unit multi-family home in Bath! Positive cash flow, gross rent multiplier of 9, and a cap rate of 9, this property is performing better than many on the market. Well maintained with a low vacancy rate. Plenty of off street parking for tenants. Located on the northern side of Bath, this property is walking distance to downtown, but an easy commute to Bath Iron Works. You won't want to miss this!
Listed by
Listing Agent - Jeffrey Mateja
Listing Office - Keller Williams Realty
Source: MREIS mls logo
MLS#1520570 • last updated 3 months ago
Movoto checked MREIS for data 14 minutes ago
Overview
Heating Direct Vent Heater, Other
Levels/Style Multi-Level, Other, 2
MLS # 1520570
Virtual Tour N/A
SqFt 2904
Status Closed
Lot Size (Acres) 0.19
Lot Size (Sqft) 8276.4
Property Tax 4578
Year Built 1890
Interior
Total # of Bathrooms 4
# Full Baths 4
Flooring Laminate, Vinyl
Exterior
Roof Composition
Patio/ Porch Deck
Amenities / Utilities
Water Source Public
Location
Zoning R1
Multifamily Details
Total # Of Units 4
Operating Expense 9858
Gross Income 37500
We are not permitted to show value estimates for this property.
  • Aug 2022
    mls logo MLS # 1520570
  • Aug 12, 2022 Sold
    $490,000
  • Jun 10, 2022 Pending
    —
  • May 31, 2022 Listed
    —
  • Apr 22, 2022 Pending
    —
  • Apr 14, 2022 Pending Continue To Show
    —
  • Mar 31, 2022 Listed
    —
  • Mar 15, 2022 Pending Continue To Show
    —
  • Feb 28, 2022 Listed
    $475,000 (-2.1%)
  • Aug 2022
    Public Records
  • Aug 12, 2022 Sold
    $490,000 (+3.2%)
  • Feb 2022
    mls logo MLS # 1502377
  • Feb 11, 2022 Expired
    —
  • Sep 8, 2021 Price Change
    $485,000 (-6.7%)
  • Jul 10, 2021 Listed
    $520,000 (+60.0%)
  • Aug 2019
    mls logo MLS # 1415093
  • Aug 7, 2019 Sold
    $325,000
  • Jun 18, 2019 Pending
    —
  • May 15, 2019 Listed
    $325,000 (+89.8%)
  • May 2012
    mls logo MLS # 1045956
  • May 31, 2012 Sold
    $171,250 (-4.8%)
  • Mar 23, 2012 Listed
    $179,900
  • 3 Bedford St
    $490K
  • —
  • 04530
    $975K +225% y/y
  • Bath
    $434K +10% y/y
No chart available
Statistics calculated by Movoto

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5/10
Morse High School
public Grades 9-12
Regional School Unit 01 - Lkrsu
Source: GreatSchools.org © 2026. All rights reserved.

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