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Sold on 05/31/2024
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4 Otis St, Jay, ME 04239

$220,000

Last sold 05/31/2024 after 78 Days

  • 3

    bed

  • 3

    bath

  • 2,675

    Sqft ($82/Sqft)

Multi-family not for sale
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About 4 Otis St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 9,583 Sqft
Property description
Check out this beautiful three-unit with many new upgrades! From a new roof and heating system, to a reinforced foundation, updated electrical, and a new sewer line, this property has it all! Conveniently located in town, 4 Otis Street boasts accessibility and convenience to shopping, schools, and other public amenities. At an 11.6% cap rate, this fully rented triplex is an amazing investment opportunity you won't want to miss!
Listed by
Listing Agent - Tyler Stewart
Listing Office - Keller Williams Realty
Source: MREIS mls logo
MLS#1585239 • last updated 6 months ago
Movoto checked MREIS for data 44 minutes ago
Overview
Heating Baseboard, Hot Water
Levels/Style Multi-Level, Other
MLS # 1585239
SqFt 2675
Status Closed
Lot Size (Acres) 0.22
Lot Size (Sqft) 9583.2
Property Tax 2711
Year Built 1900
Interior
Total # of Bathrooms 3
# Full Baths 3
Flooring Tile, Vinyl
Exterior
Roof Shingle
Amenities / Utilities
Water Source Public
Location
Body of Water Androscoggin
Zoning Res
Multifamily Details
Total # Of Units 3
Operating Expense 15881.8
Gross Income 42000
We are not permitted to show value estimates for this property.
  • May 2024
    mls logo MLS # 1585239
  • May 31, 2024 Sold
    $220,000
  • Apr 19, 2024 Pending
    —
  • Mar 29, 2024 Listed
    $225,000
  • Mar 14, 2024 Listed
    $225,000 (+150.7%)
  • May 2024
    Public Records
  • May 31, 2024 Sold
    $220,000 (-2.2%)
  • Dec 2006
    mls logo MLS # 818163
  • Dec 5, 2006 Expired
    —
  • Sep 23, 2006 Listed
    $89,735
  • Year Property taxes Tax assessment
  • 2025
    $2,633 +1.5%
    $219,380 +86.12%
  • 2024
    $2,593 -4.4%
    $117,870
  • 2023
    $2,711 +128.8%
    $117,870 +103.93%
  • 2022
    $1,185
    $57,800
  • 2021
    $1,185 +17.1%
    $57,800
  • 2020
    $1,012
    $57,800
  • 4 Otis St
    $220K
  • —
  • 04239
    $267K -3% y/y
  • Jay
    $285K +6% y/y
No chart available
Statistics calculated by Movoto

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N/A
Spruce Mountain Primary School
public Grades PK, K-2
Regional School Unit 73
2/10
Spruce Mountain Middle School
public Grades 6-8
Regional School Unit 73
3/10
Spruce Mountain High School
public Grades 9-12
Regional School Unit 73
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • ME
  • Franklin County
  • Jay
  • 04239
  • 4 Otis St
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