#1625589, Listing office: NextHome Experience
Property details
About 5 Park Ave
This versatile in-town property offers an excellent mix of residential and commercial potential. Situated on a in-town lot, the building features two well-maintained rental units with a strong rental history and great income potential. Unit 1: Spacious 3-bedroom apartment Unit 2: Comfortable 2-bedroom apartment Bonus: An equipped beauty salon occupies the front commercial space — perfect for an owner-operator or investor looking to lease to a local business. Two-car heated garage, attached and leads into the downstair apartment. Great location thats close to shopping, services, and Lake Sebasticook recreation. Whether you're looking for a mixed-use property to add to your portfolio or a live/work opportunity in a central Maine community, this property delivers flexibility, character, and income.
Highlights
Home typeOther
HeatingHot Water, Baseboard
StatusActive
Size1,840 sqft
BasementYes
Lot size0.07 Acres
Year built1964
ParkingPaved, On Site, Inside Entrance
MLS #1628879
Attached garage2 spaces
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Tankless Water Heater
- Basement: Yes
- Flooring Type: Wood, Vinyl
- Interior: 1st Floor Bedroom, Bathtub, Shower
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Paved, On Site, Inside Entrance
- Exterior: Deck
- Architectural Style: Raised Ranch
- Heating: Hot Water, Baseboard
- Cooling: None
- List Price: $249,900
- Annual Tax Amount: $2,742
- Tax Year: 2023
- Lot: Corner Lot, Level
- Year Built: 1964
- Living Area: 1,840 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 1628879
- MLS Name: Maine Listings
- Office Name: Better Homes & Gardens Real Estate/The Masiello Group
- Office Email: melissabartlett@masiello.com
Disclaimer: 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 © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 8:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $168,200 | $2,742 |
| 2022 | $132,900 | $2,605 |
| 2021 | $127,000 | $2,616 |
| 2020 | $124,600 | $2,567 |
| 2019 | $117,600 | $2,505 |
| 2018 | $117,600 | $2,505 |
History based on county public records data.
Nearby schools
6
Sebasticook Valley Elementary School
Public District PK-4
3.4 mi
•337 Williams Rd
4
Vickery School
Public District 1-4
6.8 mi
•170 School St
2
Somerset Elementary School
Public District PK-4
9.3 mi
•45 Blake St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,063. Typical income of Newport, ME residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
41%
<35k
52%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
10%
Single, with Kids
34%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hunting
Pro Wrestling
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
Dodge
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5 Park Ave
The listing price of 5 Park Ave property is $249,900.
The property 5 Park Ave is a house located in Newport, Maine, 04953.
Active Listing: 5 Park Ave is Active, which means the seller is accepting offers.
The nearby schools for 5 Park Ave are: Sebasticook Valley Elementary School (GreatSchools Rating 6/10), Vickery School (GreatSchools Rating 4/10), Somerset Elementary School (GreatSchools Rating 2/10), Nokomis Regional Middle School (GreatSchools Rating 2/10), Warsaw Middle School (GreatSchools Rating 5/10), Ridge View Community School (GreatSchools Rating 2/10), Nokomis Regional High School (GreatSchools Rating 5/10), Dexter Regional High School (GreatSchools Rating 4/10), Central High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,742 (source: MLS/based on county public records data).
The property at 5 Park Ave has 2 bathrooms.
The property 5 Park Ave is 1,840 SqFt (source: MLS/tax record).
The year of construction for 5 Park Ave is 1964.
This home is located at 5 Park Ave in Newport, ME and zip code 04953. This 1,840 square foot home, which was built in 1964, sits on a 0.07 acre lot. Features: 2 bathrooms. It is currently priced at $249,900.
From Rocket Homes Real Estate and based on county public records data.