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Sold on 03/19/2021
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85 Bancroft Rd, Danforth, ME 04424

  • $650,000

    Last sold 03/19/2021 after 269 Days

  • 24

    bed

  • 20

    bath

  • 1

    Sqft ($650,000/Sqft)

Multi-family not for sale
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About 85 Bancroft Rd

Property type Multi-family
Year built 1986
HOA fee $0/month
Lot size 2.4 Acre
Property description
If you are seeking the security of an investment property income, this very well maintained and fully occupied complex may be just what you are looking for! Built in 1986 as a State of Maine housing project, it features 22 one bedroom apartments and 2 two bedroom apartments, two common areas, coin op washers & dryers, regularly maintained and updated elevator and common area ansul system. With recently replaced roof, windows and paved drive/parking lot, this great facility is ready for you to take the reins!
Listed by
Listing Agent - Jessie Tompkins-Howard
Listing Office - Due East Real Estate
Source: MREIS mls logo
MLS#1458096 • last updated 2 months ago
Movoto checked MREIS for data 4 minutes ago
Overview
Heating Baseboard
Levels/Style Multi-Level, Other, 2
MLS # 1458096
SqFt 1
Status Closed
Lot Size (Acres) 2.4
Lot Size (Sqft) 104544
Property Tax 19007
Year Built 1986
Interior
Total # of Bathrooms 20
# Full Baths 20
Flooring Carpet, Vinyl
Accessibility Features 36+ Inch Doors, 36 - 48 Inch Halls, 48+ Inch Halls, Elevator/Chair Lift, Level Entry, Other Accessibilities
Window Features Double Pane Windows
Exterior
Roof Shingle
Patio/ Porch Patio
Amenities / Utilities
Water Source Public
Location
Zoning Residential
Multifamily Details
Total # Of Units 24
Operating Expense 44650
Gross Income 114735
We are not permitted to show value estimates for this property.
  • Mar 2021
    mls logo MLS # 1458096
  • Mar 26, 2021 Sold
    $650,000 (-3.7%)
  • Dec 24, 2020 Pending
    —
  • Jun 23, 2020 Listed
    $675,000
  • Jun 2020
    mls logo MLS # 1422092
  • Jun 23, 2020 Expired
    —
  • Jun 22, 2019 Listed
    $675,000 (+42.1%)
  • Aug 2013
    mls logo MLS # 1065666
  • Aug 9, 2013 Expired
    —
  • Aug 15, 2012 Listed
    $475,000
  • 85 Bancroft Rd
    $650K
  • —
  • 04424
    $184K -7% y/y
  • Danforth
    $277K +73% y/y
No chart available
Statistics calculated by Movoto

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4/10
East Grand School
public Grades PK, K-12
Regional School Unit 84 Msad 14
Source: GreatSchools.org © 2026. All rights reserved.

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