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  • $857,000

    1 Summer Street, Freeport, ME 04032

    7beds
    2,975sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $949,500 Zestimate®
    $288/sqft
    $2,574 Estimated rent

    Home value

    $949,500

    $874,000 - $1.03M

    $2,574/mo

    Zestimate® history
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    $5,323/mo

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    $5,323/mo

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    What's special

    ***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.

    Zillow last checked: 7 hours ago

    Listing updated: January 16, 2025 at 07:09pm

    Listed by:

    Vitalius Real Estate Group, LLC

    Bought with:

    Coldwell Banker Realty

    Coldwell Banker Realty

    Source: Maine Listings,MLS#: 1585085MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Wood
    • Basement: Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 2,975
    • Total interior livable area: 2,975 sqft
    • Finished area above ground: 2,975
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces
    Features
    • Levels: Multi/Split
    Lot
    • Size: 0.64 Acres
    • Features: Near Shopping, Near Turnpike/Interstate, Near Town, Open Lot
    Details
    • Parcel number: FPRTM9B6LDU0
    • Zoning: Village Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Roof: Shingle
    Condition
    • Year built: 1910

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Freeport

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/7/2024Listing removed$2,100$1/sqft
    Source: Zillow Rentals Report a problem
    10/17/2024Price change$2,100-6.7%$1/sqft
    Source: Zillow Rentals Report a problem
    10/3/2024Price change$2,250-6.1%$1/sqft
    Source: Zillow Rentals Report a problem
    9/20/2024Price change$2,395-2.2%$1/sqft
    Source: Zillow Rentals Report a problem
    9/7/2024Listed for rent$2,450+122.7%$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,559 +9.5%$641,100 +12.8%
    2023$7,816 +5.8%$568,400 +5%
    2022$7,387 +2.2%$541,200

    Find assessor info on the county website

    Neighborhood: 04032

    Nearby schools

    GreatSchools rating
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    $949,500
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    With Zillow Showcase(estimated)
    $968,490