Search
Four-Unit Apartment Property
For Sale
$1,100,000

62 Spring Street, Ellsworth, ME 04605

Multi-Family, Ellsworth, ME

Property Size5,524 SF
Lot Size1.48 Acres
Price / SF$199.13
Days on Market90

Property Features for 62 Spring Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning DT
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 5
Parking features Off Street, Open
Patio and Porch features Deck, Porch
Pets allowed No
Interior features Other Amenities, Storage
Lot features Open, Level, Intown, Near Shopping
Standard status Active
Size 5,524 SF
Lot size 1.48 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9516

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard, Other (Heating), Propane (Heating), Zoned
Water source Public

Building Details

Year built 2003
Floors in Building 2
Number of units 4
Flooring type Laminate, Tile, Carpet, Vinyl, Wood
Building materials Wood Frame, Vinyl Siding, Wood Siding, Other Exterior
Roof type Shingle, Fiberglass, Metal
Additional Structures Outbuilding, Other, Storage
Listing Agency: Realty of Maine
Listed By: Travis Coffin
Added: Jun 16 Changed: Sep 12 Last Checked: Sep 13 at 4:06PM
MLS# 1653122

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex property combines a 4,798-square-foot apartment building with four units and a connected 2,653-square-foot office and heated shop area. The apartment building was constructed in 2003 and includes wood, carpet, tile, laminate, and vinyl flooring across the improvements. A separate 2,240-square-foot cold storage building and detached garage provide additional storage capacity.

The 1.48-acre site has direct access from Spring Street and Birch Avenue in Ellsworth, with open and off-street parking. The property is served by public water and public sewer and is zoned DT. Exterior materials include wood frame construction with vinyl and wood siding, while heating is provided by propane-fired hot water and baseboard systems with zoning controls.

Key Highlights

  • 4,798‑square‑foot apartment building with 4 units, built in 2003
  • Connected 2,653‑square‑foot office and heated shop area
  • Separate 2,240‑square‑foot cold storage building

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

Demographics for 04605, ME

13,651
Population
9,188
Households
1.5
Avg Household Size
47
Median Age
39%
College-Educated
96%
High-School Grad
265.4 sq mi
ZIP Area
51
Density / Sq Mi
$72,083
Median Household Income
$42,262
Median Earnings
$983
Median Rent
$230,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Mixed-use improvements include apartments, office and heated shop space, cold storage, and a detached garage on public utilities.
Where is this quadplex located?
The property is located at 62 Spring Street Ellsworth, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 4,798‑square‑foot apartment building with 4 units, built in 2003; Connected 2,653‑square‑foot office and heated shop area; Separate 2,240‑square‑foot cold storage building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message