9 Oxford Street, South Paris, ME 04281
OFF MARKET

9 Oxford Street
South Paris, ME 04281

  • Studio
  • 4 Baths
  • 3,000 sqft (on 0.48 acres)
  • Studio
  • 4 Baths
  • 3,000 sqft (on 0.48 acres)

$311,800

Trulia Estimate
as of Mar 29, 2024
Est. Refi. Payment $1,938/mo*

Homes for Sale Near 9 Oxford Street

Local Information

map showing home location
© Google
-- mins to
Commute Destination
Last check for updates: about 10 hours ago
Listed by Keller Williams Realty
Bought with: Maine Street Realty, Inc.
Source: Maine Listings, MLS#1507426

Description

This property is no longer available to rent or to buy. This description is from February 07, 2022
Are you looking for $Cash Flow$? Then look not further than this 4 unit building, plus garage with 12ft ceilings, plus a complete bonus storage/workshop above the garage on the second story. With ground level access to both the upper and lower units the possibilities are endless. Lower units were once a store, garage has been used for a fabrication and metalworking facilities and that doesn't count the upper units. The garage was built with R-22 ICF (insulated concrete forms) and has been pre-plumbed for hot water heating with zone from main building. Dedicated 200 amp service with meter and panel. 10 Ft garage door Great opportunity to be a live-in owner and have your tenants cover your housing and even a good portion of your living expenses. Start your own business and have the commercial space you need in addition to housing all in one easily financeable package. This fully rented fourplex is currently leased at will but all tenants are multi-year. Total vacancy since current owner purchased the building in 2003 is an amazing 2.4%.

Centrally located with convenient access to the market square business district, post office, hospital, schools , playgrounds, grocery store and meandering river.
- 35 minutes to Sunday River ski area.
- 25 minutes to Mt Abram ski area.
- 5 minutes to Stephens Memorial Hospital.
- 5 minutes to Oxford Hills. Comprehensive High School.
- 13 minutes to Oxford Casino.

With newer roofing, heating system, and many updates the realm of possible revenue sources nearly limitless. With strong rental demand and plenty of amenities close by the future looks bright for this investment. Current rents already blow the 1% rule most investors look for away by nearly an additional 50%. Rents have been held constant due to long term tenants and are below market. Many value add options to leverage ROI even higher. Limited photos of interior for tenant privacy.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 9 Oxford Street

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3000 Square Feet
Heating & Cooling
Heating: Hot Water,BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Vinyl, Tile, Other, Laminate
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: Multi/SplitFloors: Vinyl, Tile, Other, Laminate

Exterior Features

Exterior Home Features
Roof: MetalFoundation: Concrete PerimeterNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: 5 - 10 Spaces,Paved,On Site,Garage Door Opener,Detached,Off Street,Storage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3000 Square Feet

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl Siding, Wood Frame

Price & Status

Price
List Price: $230,000
Status Change & Dates
Off Market Date: Wed Nov 10 2021

Location

Direction & Address
City: Paris
School Information
High School District: RSU 17/MSAD 17

Building

Building Area
Building Area: 3000 Square Feet

Lot Information

Lot Area: 0.48 acres

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 1507426

Comparable Sales for 9 Oxford Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.37
Multi-Family Home
$175,000
07/07/23
3
2,346
0.41
Multi-Family Home
$305,000
07/14/23
3
2,362
1.37
Multi-Family Home
$320,000
08/11/23
2
3,595
1.44
Multi-Family Home
$282,500
12/15/23
2
2,479
1.61
Multi-Family Home
$325,000
11/01/23
4
2,486
1.66
Multi-Family Home
$257,500
11/17/23
4
3,750
1.89
Multi-Family Home
$235,000
10/31/23
2
528
3.27
Multi-Family Home
$268,000
03/14/24
3
3,060
6.35
Multi-Family Home
$387,000
11/13/23
3
4,524

Assigned Schools

These are the assigned schools for 9 Oxford Street.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about South Paris

  • Jennifer P.
    "I love this area. Friendly and clean and dogs walk by and greet my dog and family. Never a bad experience. "
    1
    Flag
  • Jennifer P.
    "Festive decorations, quiet and calm. I can take my kids for walks and just overall great neighborhood "
    2
    Flag
  • Summersmommy0712
    "In the summer there’s events that go on at a public park near me. Sometimes music and dancing. Sometimes puppets for kids. "
    0
    Flag

LGBTQ Local Legal Protections

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 9 Oxford Street

Off Market Homes Near 9 Oxford Street

9 Oxford Street, South Paris, ME 04281 is a studio, 4 bathroom, 3,000 sqft multi-family built in 1950. This property is not currently available for sale. The current Trulia Estimate for 9 Oxford Street is $311,800.