50 Royal StreetWinthrop, ME 04364MLS Number 1571136

  • Sale Price: $230,000
  • 261 Days Since Sale
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Federal 30-year interest rate: 6.65% last updated on Mar 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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50 Royal Street Winthrop ME 04364
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  • 4Bathrooms
  • 0.62Acreage
  • 2,655Square Feet
Investment property located in-town Winthrop between Maranacook Lake and Cobbosseecontee Lake. Come live in one unit, while the other unit helps pay for your mortgage! Overall, the property needs repair. It has two occupiable units and one unit needing complete renovation. The first unit has 3 bedrooms. On the first floor you will find a large living room, an office space, a full bath, sunny dining area, and kitchen (that has a new dishwasher!). On the second floor there is a bedroom with a bathroom and two additional bedrooms. The second unit is one level with two bedrooms, living room, kitchen (that has a new dishwasher and fridge!), and full bathroom with a new laundry set. There is a back deck off of the bigger bedroom. Units 1 and 2 have heat pumps (AC!). The unfinished third unit is a studio located up a set of brand new stairs with a deck. The third unit needs to be completely finished - needs heat, drywall, flooring, updated plumbing, etc. The property features a large side yard that has potential to build another dwelling, buyers to do due diligence with the town. Plentiful space for onsite parking. The location of this property is close to all necessary amenities. 1 mile to shopping, .5 mile to Winthrop Town Beach, 1 mile to public schools. Great opportunity to build sweat equity, come check out this awesome investment property!
Listed by U&R Real Estate

Sold by EXP Realty

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AllMaineHomes
Office: (207) 623-2100
183 State St
#102
Augusta, ME 04330

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Basic Information

  • Gross Income $19,200

Rooms

  • Bathroom4
  • Full Bath4

Location

  • Address50 Royal Street
  • Building Number50
  • CountyKennebec
  • DrivewayGravel
  • Latitude44.303444
  • Longitude-69.975779
  • StateME
  • StreetRoyal Street
  • TownWinthrop
  • Zip04364

Interior

  • Flooring Wood, Vinyl
  • Interior Features 1st Floor Bedroom

Utilities

  • Electric Circuit Breakers
  • Heat SystemHeat Pump, Forced Air
  • Heating FuelOil
  • Heating YN Yes
  • Laundry Features Laundry - 1st Floor, Main Level
  • Sewer Public Sewer
  • Utilities Utilities On
  • Water HeaterElectric, Tank
  • Water Source Public

Tax Information

  • Tax Book Number 14500
  • Tax Lot48
  • Tax Map Number 27
  • Tax Year 2022
  • Taxes$3,237

Building

  • Above Grade Finished Area 2,655
  • BasementInterior Entry, Unfinished
  • Building ConstructionWood Siding, Vinyl Siding, Wood Frame
  • FoundationStone
  • Property StyleMulti-Level
  • Units3
  • Units Numof 1 Bd Units 1
  • Units Numof 2 Bd Units 1
  • Units Numof 3 Bd Units 1
  • Year Built1900

Property Information

  • Acreage0.62
  • Lot Features Level, Open Lot, Intown, Near Public Beach, Near Shopping
  • Lot Size Square Feet 27,007
  • Lot Size Units Acres
  • Patio And Porch Features Deck, Porch
  • Site Level, Open
  • Square Feet2,655

Photos

  • Number of Photos48

Parking

  • Parking Features 1 - 4 Spaces, Gravel, On Site

Basic Information

  • Agent ID022010
  • Broker ID3334
  • Broker NameU&R Real Estate
  • List Price$260,000
  • LocationTypeIntown, Near Public Beach, Near Shopping
  • MLS Number1571136
  • Modification Date01/15/2025
  • Property TypeResidential Income
  • Sale Date06/28/2024
  • Sale Price$230,000

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public

Exterior

  • Exterior Vinyl Siding
  • RoofShingle

Amenities

  • Amenities1st Floor Bedroom, Laundry - 1st Floor
  • Cooling Heat Pump
  • Cooling YN Yes
  • Mls StatusClosed
  • Other AmenitiesBasement, Beachfront, Fireplace

Legal

  • ZoningV

Other

  • Date Listed03/04/2024
  • View Count42

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

I agree to receive marketing and customer service calls and text messages from All Maine Homes. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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