Multi-Family Homes for Sale in Central Maine

MLS Number 1560718

• MultiFamily
• Bathroom 4
• Square Feet 4,873
• Acreage 0.55

Great opportunity to purchase 2 rental units together. 85 Church Street offers 2 - 3 bedrooms units and 1 – 2 bedroom unit. 87 Church Street is a single family home with 4 bedrooms. All units are fully rented. There is ample parking for all units. These buildings sit on an open .55 acre lot located in town close to shopping and many amenities for your tenants convenience.

Listed by Riverside Realty

MLS Number 1560610

• MultiFamily
• Bathroom 2
• Square Feet 2,826
• Acreage 0.08

Super apartment house. 2 units with 2 bedrooms each. Great shops newer windows, roof, wiring, plumbing, furnace and many other features. Bus route, shopping, work close by.

Listed by Realty of Maine

MLS Number 1560652

• MultiFamily
• Bathroom 3
• Square Feet 2,329
• Acreage 0.08

Established 3 unit in a rapidly developing area of the city. This building has favorable numbers, is in pre-loved and maintained condition, offers separate utilities for heat and electric, and is in a prime position to take it to the next level. Base Rents will generate $62,400 annually making this a great owner occupied investment property for someone looking to build equity while keeping a manageable mortgage. Showing times are limited to Thursday 10:30 am-11:30am, Sunday 3:00pm -4:00pm, Monday 5:00pm-6:00pm, Wednesday 11:30-12:30pm. Offers will be reviewed as they come in.

Listed by RE/MAX Shoreline

MLS Number 1560597

• MultiFamily
• Bathroom 8
• Square Feet 10,769
• Acreage 0.15

Steeped in history and architectural splendor, the John Marshall Brown Residence, circa ~1867 is currently home to 8 wonderful residences and a truly magnificent carriage house. Located in the very heart of Portland's historic West End and set on an idyllic half acre, with gracious lawns, flowering trees and a sweeping drive you are transported to a time of grandeur. The preserved period details are nothing short of historic artifacts and a wonder to behold. While precious and preserved, the property has had significant updates with each unit offering light, bright and updated living. Units range from 1-2 bedrooms and rents are below market with room for improvement. With an NOI of $138,795 and a CAP rate of 4.6 the property functions well for the portfolio minded investor but there is also a condo conversion play. While several units are ideal for the owner occupant one can also see the logic in eliminating units to bring the property back to a 1-2-3 family. The carriage house, much as it appeared over 150 years ago, offers a blank canvas. Almost too good for vehicles, let your mind wonder and imagine the residence this could become. Note - the property is likely eligible for historic tax credits to help with reimagination and rehabilitation. With an address and location that are second to none and walkability to the Western Prom, Waynflete (one of the most prestigious private K-12 schools anywhere) and much, much more this is an opportunity not to be missed. ONLY SHOWINGS: Friday 6/2 and Monday 6/5 from 12-2. Open to agents and buyers with no appointment needed.

Listed by Benchmark Real Estate

MLS Number 1560695

• MultiFamily
• Bathroom 10
• Square Feet 9,500
• Acreage 4.7

A waterfront investment property like this is a once in a lifetime opportunity and can change lives. Currently established as year-round yearly rentals, but the business potential is in the weekly or seasonal rentals of Air BNB, VRBO, and other vacation rental models. A total of seven properties with 495 feet of good, deep-water frontage, dock systems, plenty of parking and an additional 3.7 acres of undeveloped land, including a large parking lot, drilled well and commercial septic system just across the road. The building totals over 9000 feet of living space and consists of 2- two bedroom cabins, a building with 2- two bedroom units and a building with 3-two to three bedroom units & walk out basements. All 7 have an open floor-plan, great water views just feet away from the decks and a washer & dryer in each property. The buildings are in great condition and ready for a new owner. Located less than 40 min to Auburn, 45 to Augusta, an hour to Sunday River, 30 min to Farmington and less than 3 hours to Boston. This could be a perfect 1031 property.

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1560479

• MultiFamily
• Bathroom 3
• Square Feet 1,970
• Acreage 0.11

It is rare to find a 3 unit building in the heart of Augusta as well maintained as this one. The 2 bedroom unit is large, and adorable, with the potential to add a third bedroom as well. Two of the 3 units have heat pumps! The 1 bedroom units are small and quaint, but have everything that a tenant needs. Schedule a showing today. You won't want to miss this one!

Listed by EXP Realty

MLS Number 1560509

• MultiFamily
• Bathroom 3
• Square Feet 2,444
• Acreage 0.24

Spacious 3 unit with lots of on-site parking. All units have dedicated heat, natural gas, and electricity. All units have their own private entrances, and all units have been renovated and updated in the past few years. This property is perfectly suited for an owner occupied buyer who wants to live for free!

Listed by Sprague & Curtis Real Estate

MLS Number 1553817

• MultiFamily
• Bathroom 3
• Square Feet 2,808
• Acreage 0.12

Live more affordably than a single family home. Large, classic two-family with oversized garage. The first-floor unit is a freshly painted, remodeled 3-bedroom unit with a new bath, new kitchen with stainless appliances, and refinished hardwood floors. It is move-in ready for the new owner or tenant. Fantastic opportunity to occupy the first floor with substantial income towards mortgage payment. The huge upstairs apartment is currently rented for $2550 and is the 2nd and 3rd floors combined with 3+ bedrooms and two full baths. The detached garage/small barn with loft offers the possibility of expanded living space or ample storage. Building has much original charm including front and back staircases, original moldings and woodwork, wood floors, separate utilities, nice rear courtyard, paved parking, and easy walkability to Deering Center, Forest Avenue businesses, and Back Cove. Also Listed Residential MLS #1560496

Listed by Town & Shore Real Estate

MLS Number 1560512

• MultiFamily
• Bathroom 8
• Square Feet 6,104
• Acreage 0.26

Welcome to 55 Sherman Street! Owner-occupied and maintained with care for over 2 decades, this 7 unit is a gem in the Parkside neighborhood. Conveniently located, it's close to transportation, shopping, and restaurants. Owner's first floor apartment is a spacious 2 bed/2 bath, newly renovated vacant 1 bedroom on the second floor, among many other renovated occupied units. This property has 7 designated off-street parking spaces and a beautiful green space out back for relaxing. Truly a unique property that must not be missed!

Listed by Coldwell Banker Realty