Excellent opportunity for investor or owner-occupied investor. Property has been well maintained with the same owner since the mid 80's. Total of 5 apartments. The main apartment was used by the owner as a pre-school for decades. Time for rest and retirement for this Seller! Excellent safe area right behind the Stephens Hospital and Medical Buildings. Full dry basement for ample storage with entry thru bulkhead. Paved Parking lot, allowing one car per apartment. Bonus back yard for shared interests. Metal roof, hot water baseboard heating, town water and sewer, building deemed lead safe, Excellent tenant history who would love to continue to rent with the new owner.
Active under contract
$385,000
40 Winter Street, Norway, ME 04268
7beds
3,021sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Hot water baseboard heatingMetal roofPaved parking lot
- 59 days
- on Zillow |
- 29 |
- 0 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 11:36am
Listed by:
Bearfoot Realty
Source: Maine Listings,MLS#: 1614947

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Radiator, Multi-Zones, Hot Water, Baseboard
Cooling
- None
Appliances
- Laundry: Upper Level
Features
- In-Law Floorplan, One-Floor Living, Pantry, Walk-In Closet(s), Storage
- Flooring: Wood, Vinyl, Laminate, Carpet
- Basement: Brick/Mortar,Full,Exterior Entry,Bulkhead
Interior area
- Total structure area: 3,021
- Total interior livable area: 3,021 sqft
- Finished area above ground: 3,021
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Paved, On Site
Lot
- Size: 0.28 Acres
- Features: Level, Open Lot, Landscaped, City Lot
Details
- Parcel number: NORYM030L034
- Zoning: Mixed
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Siding, Vinyl Siding, Wood Frame
- Foundation: Brick/Mortar
- Roof: Metal
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Norway
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $222,400
- Annual tax amount: $3,964
- Date on market: 2/25/2025
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