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Sold on 09/15/2023
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8 River Rd, Benton, ME 04901

  • $139,000

    Last sold 09/15/2023 after 90 Days

  • 2

    bed

  • 2

    bath

  • 1,904

    Sqft ($73/Sqft)

Multi-family not for sale
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About 8 River Rd

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 7,405 Sqft
Property description
Seller is motivated! First time on the market since 1977! This amazing 2-unit apartment building has many new updates & has been meticulously maintained by owner/occupant since 1977! This 2-unit apartment building has amazing potential & is currently underperforming in terms of rental income with only 1 unit rented at a minimal cost, to a 10-year+ tenant. Attached, large barn for storage. Each unit has their own 12x18', lockable storage unit within the building. There is a 3rd 12x18' storage area for building supplies etc. Long-term tenant currently occupies first floor unit & the 2nd floor unit is vacant & getting some updates. Convenient location, close to I-95, shopping, restaurants, schools and more!
Listed by
Listing Agent - Dawn Gilman
Listing Office - Century 21 Nason Realty
Source: MREIS mls logo
MLS#1563398 • last updated 5 months ago
Movoto checked MREIS for data 7 minutes ago
Overview
Heating Baseboard
Levels/Style Other, 2
MLS # 1563398
SqFt 1904
Status Closed
Lot Size (Acres) 0.17
Lot Size (Sqft) 7405.2
Property Tax 2091
Year Built 1900
Interior
Total # of Bathrooms 2
# Full Baths 2
Flooring Laminate, Vinyl
Exterior
Roof Metal
Other Structures Shed(s), Barn(s)
Amenities / Utilities
Water Source Public
Location
High School District RSU 49/MSAD 49
Zoning Residential
Multifamily Details
Total # Of Units 2
Operating Expense 9027
Gross Income 10500
We are not permitted to show value estimates for this property.
  • Sep 2023
    mls logo MLS # 1563398
  • Sep 18, 2023 Sold
    $139,000 (-7.3%)
  • Aug 16, 2023 Pending
    —
  • Jul 24, 2023 Price Change
    $149,900 (-19.4%)
  • Jul 20, 2023 Listed
    —
  • Jul 13, 2023 Pending
    —
  • Jun 26, 2023 Listed
    $185,900 (+24.0%)
  • Jun 17, 2023 Listed
    $149,900
  • Year Property taxes Tax assessment
  • 2024
    $1,990 +12.4%
    $137,240
  • 2023
    $1,770 -15.4%
    $137,240 -14.68%
  • 2022
    $2,091 +40.8%
    $160,860 +92.88%
  • 2021
    $1,485 +13.4%
    $83,400
  • 2020
    $1,309 +4.0%
    $83,400
  • 2019
    $1,259
    $83,400
  • 8 River Rd
    $139K
  • —
  • 04901
    $269K +10% y/y
  • Benton
    $360K +6% y/y
No chart available
Statistics calculated by Movoto

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3/10
Lawrence High School
public Grades 9-12
Regional School Unit 49 Msad 49
Source: GreatSchools.org © 2026. All rights reserved.

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