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5-Unit Apartment Building

16 Main Street, Topsham, ME 04086

For Sale
$800,000

Five apartments offer a mix of one-, two-, and three-bedroom layouts, with off-street parking assigned to each unit.

Property Size3,620 SF
Price / SF$220.99
Days on Market203

Property Features for 16 Main Street

General Information

Standard status Active
Size 3,620 SF
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 1BR, 3 x 2BR, 1 x 3BR
Multifamily Units 5
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $5,567

Building Details

Building Size 3,620 SF
Year Built 1900
Listing Agency: NextHome Premier Realty
Listed By: Thomas Cole
Source: Oceanviewproperties
Added: Apr 21 Changed: Nov 7 Last Checked: Nov 8 at 9:25PM

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 NextHome Premier Realty

Rey
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Investment Insights

Based on property information with market context.

This 3,620-square-foot apartment building dates to 1900 and contains five units: one one-bedroom apartment, three two-bedroom apartments, and one three-bedroom apartment. The property has been maintained by local owners, and each residence is served by an off-street parking space.

The building is located in Topsham, across the bridge from Brunswick. Its rental history is described as stable.

Key Highlights

  • Five units: one 1‑bedroom, three 2‑bedroom, and one 3‑bedroom apartment
  • 3,620 square feet; built in 1900
  • One off‑street parking space for each apartment

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

Demographics for 04086, ME

9,560
Population
4,389
Households
2.2
Avg Household Size
49
Median Age
43%
College-Educated
96%
High-School Grad
32.2 sq mi
ZIP Area
297
Density / Sq Mi
$82,356
Median Household Income
$46,833
Median Earnings
$1,191
Median Rent
$327,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments offer a mix of one-, two-, and three-bedroom layouts, with off-street parking assigned to each unit.
Where is this apartment building located?
The property is located at 16 Main Street Topsham, ME.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Five units: one 1‑bedroom, three 2‑bedroom, and one 3‑bedroom apartment; 3,620 square feet; built in 1900; One off‑street parking space for each apartment
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