Movoto Real Estate
Sold on 07/10/2024
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1 Summer St, Freeport, ME 04032

  • $948,099

    Last sold 07/10/2024 for $857K

  • 4

    bed

  • 7

    bath

  • 2,975

    Sqft ($288/Sqft)

Multi-family not for sale
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About 1 Summer St

Property type Multi-family
Year built 1910
HOA fee $0/month
Lot size 0.64 Acre
Movoto estimate
Property description
***Can't find a house? Start with a multi-family. Did you know that there is a new 5% down loan available to first time multi-family buyers? *** This 4-family in the Freeport Village is a great opportunity for an owner occupant or long term investor. Once a Bed and Breakfast, the cozy units are now used as traditional year-round rentals. In addition to the outstanding location and walkability, the units have a funky charm which makes for comfortable homes for the residents. The building features ample parking, a shared laundry room, front and rear porches, and two new heating systems. The largest of the units has 3 bedrooms and 2.5 bathrooms with a private front porch. Also on the first floor you'll find a spacious 1 bedroom unit with floor-to-ceiling picture windows overlooking the backyard. The second floor has a 2 bedroom 2 bathroom unit along with a studio which could be combined with another unit, or utilized as a separate office, artist's space or any other number of uses. 1 Summer Street is ideally located for short or long term tenants with convenient access to the retail outlet shops, breweries and restaurants, and coffee and chocolate shops - all the freeport village has to offer.
Listed by
Listing Agent - Briton Vitalius
Listing Office - Vitalius Real Estate Group, LLC
Source: MREIS mls logo
MLS#1585085 • last updated 4 months ago
Movoto checked MREIS for data 12 minutes ago
Overview
Heating Baseboard
Levels/Style Multi-Level, Other
MLS # 1585085
SqFt 2975
Status Closed
Lot Size (Acres) 0.64
Lot Size (Sqft) 27878.4
Property Tax 7815
Year Built 1910
Interior
Total # of Bathrooms 7
# Full Baths 6
# Half Baths 1
Flooring Wood
Exterior
Roof Shingle
Amenities / Utilities
Water Source Public
Location
Zoning Village Commercial
Multifamily Details
Total # Of Units 4
Operating Expense 27335
Gross Income 85572
$948K
Range: $853K-$1.04M
Last 30 days 
  • Jul 2024
    mls logo MLS # 1585085
  • Jul 10, 2024 Sold
    $857,000
  • Jun 9, 2024 Pending
  • May 29, 2024 Price Change
    $849,000 (-3.0%)
  • May 3, 2024 Listed
    $875,000 (-2.7%)
  • Apr 29, 2024 Pending
  • Apr 8, 2024 Listed
  • Apr 8, 2024 Pending
  • Mar 27, 2024 Listed
    $899,000 (+70.9%)
  • Jul 2024
    Public Records
  • Jul 10, 2024 Sold
    $857,000 (+0.9%)
  • Dec 2016
    mls logo MLS # 1284586
  • Dec 12, 2016 Sold
    $526,000 (+0.2%)
  • Oct 7, 2016 Listed
    $525,000 (+26.5%)
  • Jul 2012
    mls logo MLS # 1000038
  • Jul 13, 2012 Sold
    $415,000 (-12.6%)
  • Jan 8, 2011 Listed
    $549,000 (-6.8%)
  • May 2012
    mls logo MLS # 1038977
  • May 6, 2012 Expired
  • Jan 5, 2012 Listed
    $475,000 (-13.5%)
  • Jan 2011
    mls logo MLS # 989631
  • Jan 7, 2011 Expired
  • Jul 1, 2010 Listed
    $589,000
  • Jan 2011
    mls logo MLS # 983044
  • Jan 7, 2011 Expired
  • Jul 1, 2010 Listed
    $589,000 (-1.7%)
  • Jun 2010
    mls logo MLS # 926677
  • Jun 29, 2010 Expired
  • Mar 30, 2009 Listed
    $599,000 (+24.8%)
  • Oct 2002
    mls logo MLS # 563799
  • Oct 7, 2002 Expired
  • Jun 13, 2002 Listed
    $479,900 (-16.5%)
  • Jun 2001
    mls logo MLS # 496059
  • Jun 5, 2001 Expired
  • May 5, 2001 Listed
    $575,000 (+53.3%)
  • May 2000
    mls logo MLS # 341945
  • May 26, 2000 Expired
  • Feb 15, 2000 Listed
    $375,000
  • Feb 2000
    mls logo MLS # 268566
  • Feb 24, 2000 Expired
  • Mar 1, 1999 Listed
    $375,000
  • Feb 2000
    mls logo MLS # 268385
  • Feb 24, 2000 Expired
  • Mar 1, 1999 Listed
    $375,000
  • 1 Summer St
    $857K
  • 04032
    $729K -8% y/y
  • Freeport
    $789K +13% y/y
No chart available
Statistics calculated by Movoto

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N/A
6/10
6/10
7/10
Source: GreatSchools.org © 2026. All rights reserved.

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