32-Unit Apartment Building
For Sale
$750,000
1 Highland Ave, Livermore Falls, ME 04254
Planned apartment conversion with approved site documents, varied unit layouts, and shared recreational amenities.
Property Size36,608 SF
Lot Size1.32 Acres
Price / SF$20.49
Days on Market13
Property Features for 1 Highland Ave
General Information
Standard status
Active
Size
36,608 SF
Total Parking Spaces
43
Elevators
Yes
Lot size
1.32 Acres
Property subtype
Residential Income
Units
Unit Mix
16 x 1BR, 12 x 2BR, 4 x 3BR
Multifamily Units
32
Taxes and HOA fees
Annual Taxes
$3,847
Amenities
gymnasium
outdoor green space
Building Details
Buildings
1
Listing Agency:
Sprague & Curtis Real Estate
(207) 623-1123
Listed By:
Ann Castonguay
(207) 242-1464
Source:
Exprealty
Added: Sep 14
Changed: Sep 24
Last Checked: Sep 26 at 12:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sprague & Curtis Real Estate
Investment Insights
Based on property information with market context.
The former schoolhouse contains 36,608 square feet and is planned for conversion into 32 apartments. The proposed mix includes 16 one-bedroom, 12 two-bedroom, and 4 three-bedroom units, with at least 8 apartments designed for ADA compliance. Blueprints, a site plan, and planning board approval are in place for the project.
Existing and planned common areas include a gymnasium, computer lab, recreation space, and laundry facilities. A three-floor elevator, 43 on-site parking spaces, and outdoor green space are included. The property occupies 1.32 acres near town and area conveniences, with views toward the Androscoggin River. General zoning permits other uses.
Existing and planned common areas include a gymnasium, computer lab, recreation space, and laundry facilities. A three-floor elevator, 43 on-site parking spaces, and outdoor green space are included. The property occupies 1.32 acres near town and area conveniences, with views toward the Androscoggin River. General zoning permits other uses.
Key Highlights
- 32‑unit apartment project with 16 one‑bedroom, 12 two‑bedroom, and 4 three‑bedroom units
- 36,608‑square‑foot former schoolhouse building on 1.32 acres
- Blueprints, site plan, and planning board approval completed
Property Analytics
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Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
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Business Placement
Demographics for 04254, ME
3,060
Population
1,676
Households
1.8
Avg Household Size
39
Median Age
16%
College-Educated
93%
High-School Grad
19.7 sq mi
ZIP Area
155
Density / Sq Mi
$44,535
Median Household Income
$31,898
Median Earnings
$823
Median Rent
$162,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Planned apartment conversion with approved site documents, varied unit layouts, and shared recreational amenities.
Where is this apartment building located?
The property is located at 1 Highland Ave Livermore Falls, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 32‑unit apartment project with 16 one‑bedroom, 12 two‑bedroom, and 4 three‑bedroom units; 36,608‑square‑foot former schoolhouse building on 1.32 acres; Blueprints, site plan, and planning board approval completed
