2 Davenport Circle Circle, Bath, ME 04530

$2,350,000

Property Type: Multi-Family Baths: 22 Square Footage: 21,526 Lot Size (sq. ft.): 78,408 Status: Closed

Current Price: $2,350,000 List Date: 3/17/2022 Last Modified: 1/10/2025

Description

BACK ON THE MARKET - NO FAULT OF SELLER, BUYER HAD LENDING ISSUES. Three story apartment building. Currently 9 Units and 3 additional units under constructed with an anticipated completion date of April 1, 2022. Building has been completely remodeled in 2019 and includes, a passenger elevator, water flow for fire suppression, private off street parking. In addition to the stated apartment income there is additional $2,050 in monthly income that comprises of commercial unit and 7 heated storage units.

Supplements: ********

More Information MLS# 1519169

Location Information

Book: 2017R, 2015R Leased Land: No Page: 8793, 9424 Map: 14 Block: 96 Lot: 2 Zoning Overlay: No Association: No Street #: 2 Street Name: Davenport Circle Street Type: Circle County: Sagadahoc Town: Bath State/Province: ME Zip Code: 04530 Zoning: Coml Full Tax Amount $: 26000 Tax Year: 2020 Geo Lat: 43.931199 Geo Lon: -69.816412

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 12 Deed/Conveyance Type Offered: Quit Claim Lot Size Acres +/-: 1.8 Total Baths: 22 Total Half Baths: 0 SqFt Finished Above Grade: 21526 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Garage Spaces: 0 Total Full Baths: 22 Year Built: 1986 SqFt Finished Total: 21526 Source of Acreage: Deed

Site

Open: 1

Location

Near Town: 1

Roads

Paved: 1 Private Road: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Masonry: 1 Other: 1 Wood Frame: 1

Levels

Multi-Level: 1

Basement

Finished: 1 Walk-Out Access: 1

Exterior

Shingle Siding: 1

Roof

Shingle: 1

Heat System

Heat Pump: 1

Heat Fuel

Electric: 1

Income & Expenses

Gross Income: 203400 Operating Expenses: 75471

Cooling

Heat Pump: 1

Floors

Concrete: 1

Accessibilitiy Amenities

Elevator/Chair Lift: 1 Level Entry: 1

Units

# of 1 BD Units: 1 # of 2 BD Units: 11

Parking

11 - 20 Spaces: 1

Unit 1

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1250 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Unknown: 1

Unit 4

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1400 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 7

Unit 8

Unit 9

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 800 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 10

Lease: No Level: First Security Deposit: No Monthly Rent: 1900 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 11

Lease: No Level: First Security Deposit: No Monthly Rent: 1900 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 12

Driveway

Common: 1 Paved: 1

Water Heater

Electric: 1

Vehicle Storage

4+ Car: 1

Contract Information

Status: Closed Original List Price: 2600000 Sold Price: $2,350,000 Current Price: $2,350,000

Status Change Info

Pending Date: 2022-03-22 Closed Date: 2022-05-20 Closed Price: 2350000

Property Features

Site: Open Location: Near Town Roads: Paved; Private Road; Public Style: Other Levels: Multi-Level Construction: Masonry; Other; Wood Frame Basement: Finished; Walk-Out Access Exterior: Shingle Siding Roof: Shingle Heat System: Heat Pump Water Heater: Electric Cooling: Heat Pump Floors: Concrete Driveway: Common; Paved Parking: 11 - 20 Spaces Vehicle Storage: 4+ Car Electric: Circuit Breakers Gas: Unknown Sewer: Public Sewer Water: Public

Documents

Deed Public Access ›

Other Public Access 1 ›

Lead Paint Addendum Public Access ›

Other Public Access 2 ›

Listing Office: Bean Group

IDX

Last Updated: January - 10 - 2025

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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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