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About the Listing 1040 - 020576
Exceptional multi-unit investment opportunity in the heart of downtown Belfast. This fully occupied property delivers immediate, stable cash flow with five residential units and one commercial office space, all currently rented. A rare turnkey asset in one of Maine's strongest coastal markets. The residential mix includes one 2BR, two 1BR units, and two efficiency apartments, offering strong rental diversity and consistent demand. The commercial suite provides an ideal setup for professional services or a small business tenant. Located less than 0.2 miles from Belfast Harbor, this property offers unmatched walkability. Tenants enjoy quick access to downtown restaurants, cafés, shops, the harbor walk, public docks, and waterfront amenities. City Park, local beaches, and the hospital are all within a mile, making this one of Belfast's most desirable and convenient locations. Property is also 1 mile the Belfast airport. The building has seen thoughtful updates, including a four-year-old roof, recent boiler replacement and recent improvements that enhance safety, durability, and long-term performance. This is a rare chance to acquire a fully stabilized, income-producing multi-unit property in a premier coastal location with strong appreciation potential and zero downtime.
Listing Highlights
Status
Active
Days on Site
192
Property Type
Multi-Family
MLS ®
1649147
Year Built
1912
Total Square Footage
0
Lot/Acreage
0.19
County
Waldo
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Gas Bottled,Oil,Baseboard,Hot Water
- Fireplaces: 0
- Floor: Wood
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement: Exterior Entry,Full,Sump Pump
- Other:
- Water: Public
Exterior Details
- Lot Description: Near Golf Course,Near Public Beach,Near Shopping,Near Town,Neighborhood,Level,Open Lot,Sidewalks
- Garage Capacity: N/A
- Zoning: R2
- Roof: Pitched,Shingle
- Others: Nearby
- Sewer: Public Sewer
- Parking Features: Paved,5 - 10 Spaces
Financial Details
- Tax Amount: $6,190
- Taxes w/Assessments: N/A
- Tax/Property ID: BELF-000037-000000-000152
- Tax Year: 2025
Payment Calculator
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Questions About..
78 High St Belfast, ME 04915
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