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Apartment Building with Elevator
For Sale
$1,495,000

103 South Street, Bath, ME 04530

MULTI_FAMILY - Federal - Bath, ME

Property Size17,285 SF
Lot Size1.80 Acres
Price / SF$86.49
Days on Market91

Property Features for 103 South Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 1, Bathroom 5, Basement, Bathroom 3, Bathroom 4, Bathroom 7, Bathroom 8, Bathroom 6, Bathroom 2
Interior features Elevator Passenger
Basement Full, Walk-Out Access, Unfinished
Accessibility Accessible Elevator Installed
Lot features Well Landscaped, Corner Lot, Level, Sidewalks, Intown
Standard status Active
Size 17,285 SF
Lot size 1.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18671

Utilities

Sewer type Public Sewer
Heating system Baseboard, Pellet Stove, Zoned, Natural Gas, Hot Water(Heating)
Water source Public

Amenities

in-ground swimming pool
off-street parking

Building Details

Year built 1830
Floors in Building 3
Number of units 6
Flooring type Wood, Carpet, Laminate
Building materials Wood Frame, Vinyl Siding, Other Exterior
Roof type Rolled Hot Mop, Membrane
Architectural style Federal
Listing Agency: Legacy Properties Sotheby's International Realty
Listed By: Carrie Martin
Added: May 14 Changed: Aug 2 Last Checked: Aug 12 at 7:06AM
MLS# 1661124

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.

Historic Bath apartment building on a prominent 1.8-acre corner lot in Bath, Maine. Built in 1830 and styled in Federal architecture, the property totals approximately 17,285+ square feet, with a main house of 12,000+/- square feet and a connected wing that currently includes income-producing units.

The interior includes an accessible elevator (elevator passenger) and multiple heating sources, including baseboard, pellet stove, zoned hot water, and natural gas. Public utilities are available with public water and public sewer. Constructed with wood frame and vinyl siding, the property also features rolled hot mop and membrane roofing, along with a variety of flooring materials including wood, carpet, and laminate.

The building’s configuration includes flexibility for additional apartments subject to city approval. Protective covenants allow potential future development of up to 13 dwelling units within the existing structure, with an option to add one additional dwelling unit on the property, for a total of 14. The covenants also permit bed and breakfast use. Additional features include an in-ground swimming pool and ample off-street parking.

Key Highlights

  • Historic Federal building built in 1830 on a 1.8‑acre corner lot
  • Approximately 17,285+ SF total with a 12,000+/- SF main house and connected wing with income‑producing units
  • Accessible elevator installed (elevator passenger)

Property Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

746
Businesses Nearby

Demographics for 04530, ME

11,153
Population
6,162
Households
1.8
Avg Household Size
45
Median Age
43%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
387
Density / Sq Mi
$78,482
Median Household Income
$42,793
Median Earnings
$980
Median Rent
$306,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - R1 zoned historic apartment building with an accessible elevator, in-ground pool, and public water and sewer.
Where is this apartment building located?
The property is located at 103 South Street Bath, ME.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Historic Federal building built in 1830 on a 1.8‑acre corner lot; Approximately 17,285+ SF total with a 12,000+/- SF main house and connected wing with income‑producing units; Accessible elevator installed (elevator passenger)
More about this property
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