Three-unit investment opportunity in a highly desirable location with both immediate income and long-term upside. Currently leasing below market rents, offering clear value-add potential. One unit has been completely remodeled with a new kitchen, updated flooring, and in-unit laundry, while recent capital improvements include a new roof and extensive tree and site work. Set on a 1.5-acre lot, this property goes beyond a typical triplex--featuring a fully entitled, municipal sewer-connected development component with flexibility for additional multifamily construction or multiple ADUs (buyer to verify). Stabilized taxes further enhance the investment profile. Ideally positioned between Bath Iron Works, Mid Coast Hospital, and Bowdoin College, this location supports strong rental demand and long-term growth.
| MLS # | 1672025 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 38 |
| Listing Provided By | Blue Lobster Real Estate | Kathryn Winglass |
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 2,851 |
| Basement | Y |
| Units | 3 |
| Zoning | RP1 |
| Acreage | 1.50 |
| Golf Course | Yes |
| Interior Features | Bathtub, Shower |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Cooling | None |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Laundry Features | Main Level, Upper Level |
| Furnished | Unfurnished |
| Amenities Co Amenities | Bathtub, Main Level, Upper Level, Shower |
| Roof | Shingle |
|---|---|
| Foundation Details | Block, Stone |
| Lot Features | Near Country Club, Near Golf Course, Near Shopping, Near Railroad, Corner Lot, Level, Pasture |
| Waterfront Features | Nearby, Public |
| Construction Materials | Wood Frame, Vinyl Siding |
| Patio And Porch Features | Deck |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Common, Gravel, 5 - 10 Spaces |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 5426 |
|---|---|
| Tax Book Number | 37887 |
| Tax Year | 2024 |
| Tax Lot | 20 |
| Tax Map Number | 46 |
| State | ME |
|---|---|
| County | Cumberland |
| City | Brunswick |
| Zip Code | 04011 |
| Area | Cumberland |
| School District | Brunswick Public Schools |
| Listing VS Median (in 04011) | |
Price: $695,000 low | high Med: $644,900 sqft: 2,851 low | high Med: 1,672 $ / sqft: $244 low | high Med: $386 On site: 38 low | high Med: 160 | |
| State | ME |
|---|---|
| County | Cumberland |
| City | Brunswick |
| Zip Code | 04011 |
| Area | Cumberland |
| School District | Brunswick Public Schools |
| Listing VS Median (in 04011) | |
Price: $695,000 low | high Med: $644,900 sqft: 2,851 low | high Med: 1,672 $ / sqft: $244 low | high Med: $386 On site: 38 low | high Med: 160 | |