Great Investment Opportunity! This charming multi-unit features two spacious apartments, each offering excellent value. The first unit boasts 3 bedrooms and 2 baths, while the second unit offers 3 bedrooms and 1 bath - perfect for families or tenants seeking extra space. Both units are well-maintained and include a bright, welcoming sun porch that adds a touch of warmth and character to the home. The property also features an oversized 2-car garage, providing ample storage or parking space, along with two driveways for added convenience. The clean and dry, improved basement with a concrete floor includes two breaker boxes and a newly installed hot water heater, ensuring reliable functionality for both units. Currently under-valued rents offer a great opportunity to increase cash flow. With so much potential for future growth, this property is a must-see for investors or owner-occupants looking for a solid investment in a desirable location.
Active under contract
Price cut: $10K (4/2)
$388,000
16 South Garand Street, Winslow, ME 04901
6beds
2,656sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$383,800 Zestimate®
$146/sqft
$-- HOA
What's special
Bright welcoming sun porchSpacious apartments
- 43 days
- on Zillow |
- 572 |
- 23 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 10:56am
Listed by:
Summit Real Estate
Source: Maine Listings,MLS#: 1616150

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: Laundry - 1st Floor, Upper Level, Main Level
Features
- Flooring: Wood
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 2,656
- Total interior livable area: 2,656 sqft
- Finished area above ground: 2,656
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 5 - 10 Spaces, Gravel, On Site, Inside Entrance
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 9,583.2 Square Feet
- Features: Corner Lot, Level, Sidewalks, City Lot, Near Shopping, Near Town, Neighborhood
Details
- Parcel number: WINSM021B083
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Metal,Shingle
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Winslow
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $242,500
- Annual tax amount: $4,018
- Date on market: 3/13/2025
- Road surface type: Paved
- Loading