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Three-Unit Building with Solar Array

181 Main Street #123, Stockton Springs, ME 04981

For Sale
$149,900

An owned solar installation and TimberHP insulation are included with the property.

Property Size3,700 SF
Price / SF$40.51
Days on Market263

Property Features for 181 Main Street #123

General Information

Standard status Active
Size 3,700 SF
Property subtype Multi Family Home
Zoning Downtown

Property Condition

Severity Major Repairs Needed
Evidence fire damage

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $645

Building Details

Building Size 3,700 SF
Year Built 1871
Buildings 1
Stories 3
Listing Agency: NextHome Experience
Listed By: Kristen Shirland · License ME BA929189
Source: Integrityhomesrealestategroup
Added: Feb 21 Changed: Nov 7 Last Checked: Nov 9 at 4:39PM

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 Experience

Rey
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Investment Insights

Based on property information with market context.

This three-story, three-unit building contains 3,700 square feet and dates to 1871. The interior has been stripped for renovation, while fire damage affects the second and third floors. TimberHP insulation will convey, and the property includes an owned solar array. The zoning designation is Downtown.

The property is at 181 Main Street in Stockton Springs, a short distance from Fort Point State Park, the beach, restaurants and shopping. Its previous uses included town hall, a general storefront and, for a brief period, a jail in the basement.

Key Highlights

  • Three units across three stories; 3,700 square feet
  • Built in 1871
  • Fire damage affects the second and third floors; interior has been gutted

Property Analytics

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 04981, ME

2,231
Population
1,379
Households
1.6
Avg Household Size
53
Median Age
26%
College-Educated
95%
High-School Grad
37.7 sq mi
ZIP Area
59
Density / Sq Mi
$72,178
Median Household Income
$41,042
Median Earnings
$1,375
Median Rent
$220,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - An owned solar installation and TimberHP insulation are included with the property.
Where is this triplex located?
The property is located at 181 Main Street #123 Stockton Springs, ME.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Three units across three stories; 3,700 square feet; Built in 1871; Fire damage affects the second and third floors; interior has been gutted
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