5 Water St, Newport, ME, 04953

$385,000

Home List Price

$4,572*

Closing Credit

2 Full Baths, 1 Partial
8,832 SqFt
House
Schools Nearby

Location

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5 Water St, Newport$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNo Driveway, Other
Year Built1900
HeatingZoned
CoolingNone
BasementYes
WaterfrontRiver
ViewScenic
MLS #1582851
Lot Size0.12 Acres
StatusActive

About 5 Water St

This opportunity does not come often. Add this building to your portfolio or great for the beginning of an investment. This owner has put life back into this property and it has been reformed over the years and the character is endless. What a nice addition to the town of Newport. This building has 3 floors and filled with business and residential. In this 9000 sq foot building we have a Specialty store, a dance studio, 2 large residential apartments and several small professionals providing their own services. It also has a few areas that can become more rental opportunities. In 2009 a new metal roof was put on and in 2017 the second and third floors were provided with their own Rinnia heaters and bathrooms have been updated. All the tenants are requesting to stay so the income will keep coming and the potential for more is evident. Look to your backyard to sit by the Sebasticook River that runs by, Sitting in the heart of Newport the amenities are endless.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level
  • Year Built: 1900
  • Living Area: 8,832 SqFt

Listing Office:

  • Office Name: CENTURY 21 Queen City Real Estate
  • Office Phone: (207) 942-4618

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Laminate

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Waterfront: River
  • View: Scenic

Parking Information:

  • Attached Garage: No
  • Parking: No Driveway, Other

Lot Features

Lot Information:

  • Lot: Level, Open Lot, Sidewalk, Interior Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: None

School Info

Assigned Schools Information:

  • Nokomis Regional High School, Public District Grades 9-12
  • Sebasticook Valley Middle School, Public District Grades 5-8
  • Newport Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000

Tax Information:

  • Annual Amount: $2,198
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Maine Listings
  • MLS Number: #1582851

Listing Office:

  • Office Name: CENTURY 21 Queen City Real Estate
  • Office Phone: (207) 942-4618

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:20:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,198$106,700
2019$2,143$100,600
2018$2,143$100,600
2017$2,012$100,600

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1076743
4
/10

  • Newport Elementary School

  • 142 Elm St

  • 1.07 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1076744
3
/10

  • Sebasticook Valley Middle School

  • 337 Williams Rd

  • 3.46 miles

  • Public District Grades 5-8

High School

school-card-donut-1076745
7
/10

  • Nokomis Regional High School

  • 266 Williams Rd

  • 3.46 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Water St

What is the listing price of this property?

The listing price of 5 Water St property is $385,000.

What type of property is this?

The property 5 Water St is a house located in Newport, Maine, 04953.

Is this property for sale now?

Active Listing: 5 Water St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5 Water St are:
Newport Elementary School: GreatSchools Rating 4/10
Sebasticook Valley Middle School: GreatSchools Rating 3/10
Nokomis Regional High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,198 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Water St has 2 full and 1 half bathrooms..

What is the square footage of this property?

The property 5 Water St is 8,832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Water St is 1900.

Rocket Homes›Maine›Penobscot County›Newport›04953›5 Water St

This home is located at 5 Water St in Newport, ME and zip code 04953. This 8,832 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since January 01, 1970 and is currently priced at $385,000.

From Rocket Homes Real Estate and based on county public records data.

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