78 High Street
Belfast, ME 04915
Baths
5
$920,000
Rare multi-unit investment located in the heart of Belfast's vibrant downtown district. This versatile property offers immediate cash flow with a 100% occupancy rate across five residential units and one commercial office space One 2BR unit, two 1BR units and two efficiency apartments. Commercial Space includes a dedicated office… Read More suite, perfect for professional services or small business rental. All units are currently rented, providing a turnkey opportunity for the next owner. Situated less than .2 miles from Belfast Harbor, this property offers a premier coastal location. Tenants enjoy amenities within less than .2 of property Within a few hundred yards of downtown's top restaurants and cafes. Less than a mile to City Park, local beaches, and the waterfront. Immediate proximity to boating, public docks, and the harbor walk. Less than one mile to the hospital and city services. The city is currently in the process of leveling the adjacent building at 74 High Street. The building at 74 High Street, next to 78 High Street, is set to be demolished in early spring. It is owned by the city. It was a 10,000 square foot nursing home. Its zoning consists of nursing home, elderly care, apartment building and a professional building. The parking laws and restrictions prevent these uses without purchasing 78 High Street. The town is seeking a contractor to buy it from them and build something useful. Read Less
Courtesy of Coldwell Banker Realty 207-725-8522
Listing Snapshot
Days Online
10
Last Updated
Full Baths
4
Partial Baths
1
Lot Size
0.19 Acres
Year Built
1912
MLS Number
1649147
Additional Details
Basement
Basement: "Full", "Sump Pump", "Exterior Only"
Building
Architectural Style: "New Englander", "Victorian", Building Area Total: 0, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 5, Year Built: 1912, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $20,698
Floors
Flooring: "Wood", "Other"
Foundation
Foundation Details: "Granite", "Concrete Perimeter"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $72,300
Lot
Features: "Open", "Level", "Sidewalks", "Near Golf Course", "Near Public Beach", "Near Shopping", "Near Town", "Neighborhood", 0.19 acres, Area: 0.19, 8,276 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Parcel Number: BELF-000037-000000-000152, Zoning: R2
Roof
Roof: "Pitched", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,190, Tax Lot: 152
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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Lisa Andrade
Broker/Owner

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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.

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