Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    66 Townsend Ave Boothbay Harbor, ME 04538

    Sponsored
    For Sale
    $895,000

    MULTI_FAMILY - Victorian - Boothbay Harbor, ME

    Property size:
    2,888 SF
    Lot size:
    0.28 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 23 at 6:06 pm

    Property Features for 66 Townsend Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Downtown Business
    Rooms
    Bathroom 3, Basement, Bathroom 2, Bathroom 1
    Patio and Porch features
    Porch, Deck
    Interior features
    In-Law Apartment, 1st Floor Bedroom, Attic, Shower
    Basement
    Partial, Unfinished, Full
    Size
    2,888 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Other (Heating), Baseboard, Hot Water(Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1880
    Number of units
    2
    Flooring type
    Wood, Laminate, Carpet
    Building materials
    Wood Siding, Vinyl Siding, Shingle Siding, Clapboard, Wood Frame
    Roof type
    Shingle
    Architectural style
    Victorian

    We can help!

    Listing Contact
    Jonathan Tindal

    Tindal & Callahan Real Estate (207) 633-6711

    Listing agent Jonathan Tindal (207) 633-6711

    Listing date Jan 19, 2026

    MLS# 1640575 Listing URL

    Copyright © 2026 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Victorian Multifamily in Boothbay Harbor

    This 1880s Victorian 3-unit property, once Boothbay Harbor's first gas-lit home, has been recently renovated and utilized as a short-term rental. Situated next to the historic Opera House, it is within walking distance of all downtown activities and attractions. The property includes ample off-street parking for residents and visitors. The 'Captain's Quarters' unit features two bedrooms, one-and-a-half baths, and retains period charm with tin ceilings, leaded glass windows, and an original gas-lit finial. The 'First Mate' unit, located in the building's ell, is a two-story unit with two bedrooms, one bath, and extensive decking. The main house includes a to-be-finished third unit on the second and third floors, with two bedrooms and one bath on the second floor, and partially finished space on the third floor, including a space in the cupola. All units are equipped with a heat pump for air conditioning. The property is located on a 0.28-acre lot and is zoned for Downtown Business. The building has 2888 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boothbay Harbor
    County
    Lincoln
    State
    Maine
    Longitude
    -69.626677
    Latitude
    43.853609

    Nearby Similar for Sale

    • $849,000
      4,403 SF

      Boothbay Harbor Multifamily Investment Opportunity

      Mixed-use property in downtown Boothbay Harbor with income potential.
      53 Commercial St, Boothbay Harbor, ME 04538
      View Details
    • $849,000
      3,884 SF

      Boothbay Harbor Commercial Opportunity

      Prime downtown location with harbor views and income potential.
      53 Commercial St, Boothbay Harbor, ME 04538
      View Details
    • New
      $1,395,000
      3,994 SF

      Boothbay Harbor Multi-Family Opportunity

      Multi-family properties in downtown Boothbay Harbor with recent updates.
      66 Oak St, Boothbay Harbor, ME 04538
      View Details
    • $850,000
      2,084 SF

      Renovated Duplex with Harbor Views

      Renovated duplex with water views in Boothbay Harbor, Maine.
      40 Atlantic Ave, Boothbay Harbor, ME 04538
      View Details
    • New
      $2,150,000
      2,600 SF

      Luxurious Waterfront Duplex in Boothbay

      Recently renovated two-unit property with frontage on Boothbay Harbor.
      63 Townsend Ave, Boothbay Harbor, ME 04538
      View Details
    • $1,150,000
      5,508 SF

      Historic Building with Business Potential

      Iconic commercial property in downtown Boothbay Harbor with turnkey revenue.
      4 Townsend Ave, Boothbay Harbor, ME 04538
      View Details
    • New
      $550,000
      1,570 SF

      Renovated Boothbay Harbor Rental Property

      Versatile, renovated property with rental income potential in Boothbay Harbor.
      43 Oak St, Boothbay Harbor, ME 04538
      View Details
    • New
      $795,000
      3,183 SF

      Iconic Commercial Space in Boothbay

      Prime retail space in the heart of downtown Boothbay Harbor.
      34 Townsend Ave, Boothbay Harbor, ME 04538
      View Details
    • New
      $429,900
      2,684 SF

      Boothbay Harbor Historic Building

      Historic building in downtown Boothbay Harbor with redevelopment potential.
      25 Oak St, Boothbay Harbor, ME 04538
      View Details
    • $1,400,000
      9,750 SF

      Harbor Front Retail Opportunity

      9,750 SF retail property with harbor access.
      48 Commercial St, Boothbay Harbor, ME 04538
      View Details
    • $1,800,000
      9,750 SF

      Boothbay Harbor Commercial Gem

      Prime waterfront location, three tenants, value-add potential.
      48 Commercial St, Boothbay Harbor, ME 04538
      View Details
    • $1,450,000
      5,508 SF

      Downtown Boothbay Harbor Office/Retail Building

      Downtown Boothbay Harbor Office/Retail Building
      4 Townsend Avenue, Boothbay Harbor, ME 04538
      View Details

    FAQs

    What type of property is this?
    Short term rental property - Renovated Victorian 3-unit near downtown Boothbay Harbor attractions.
    Where is this short term rental property located?
    The property is located at 66 Townsend Ave Boothbay Harbor, ME.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Prime Location: Walking distance to downtown Boothbay Harbor activities and attractions, next to the historic Opera House.; - Income Potential: Currently used as a short-term rental with two existing units, plus a third unit to be finished.; - Renovated Victorian Charm: Features period details like tin ceilings, leaded glass windows, and an original gas-lit finial.
    (207) 831-4438
    Request Owner's contact information
    66 Townsend Ave Boothbay Harbor, ME 04538
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    66 Townsend Ave
    Boothbay Harbor, ME 04538
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    66 Townsend Ave Boothbay Harbor, ME 04538
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jonathan Tindal
    (207) 831-4438
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.