Multifamily Property with Walk-Out
For Sale
$525,000
293 Ludwig Road, Hope, ME 04847
One-level layout includes two residential wings organized around shared kitchen and dining areas.
Property Size3,138 SF
Price / SF$167.30
Days on Market71
Property Features for 293 Ludwig Road
General Information
Standard status
Active
Size
3,138 SF
Property subtype
Multi-family
Additional Details
Sprinkler System
Yes
Building Details
Year Built
1988
Buildings
1
Stories
1
Listing Agency:
Cates Real Estate
Listed By:
Natasha Westbrook Zontini
(207) 975-0206
Source:
Profoundrealestate
Added: Aug 8
Changed: Oct 16
Last Checked: Oct 16 at 9:18AM
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 Cates Real Estate
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Investment Insights
Based on property information with market context.
Built in 1988, this 3,138-square-foot multifamily property is arranged across a single level with 15 rooms, including 8 bedrooms, 2 full baths, and 2 half baths. The existing configuration places four bedrooms and 1.5 bathrooms in each of two wings, with shared kitchen and dining spaces between them. Cosmetic updates have begun, while the full unfinished walk-out basement adds additional unfinished space. A sprinkler system is also in place.
The property occupies just under 2 acres in a private setting set back from the road. Access is provided by a winding driveway, and the home has a westerly orientation. Downtown Camden is approximately a twenty-minute drive away. The layout and land provide a foundation for continued multifamily use or a future residential reconfiguration, subject to applicable approvals.
The property occupies just under 2 acres in a private setting set back from the road. Access is provided by a winding driveway, and the home has a westerly orientation. Downtown Camden is approximately a twenty-minute drive away. The layout and land provide a foundation for continued multifamily use or a future residential reconfiguration, subject to applicable approvals.
Key Highlights
- 3,138 square feet of living space built in 1988
- 15‑room layout with 8 bedrooms, 2 full baths, and 2 half baths
- Two wings, each with 4 bedrooms and 1.5 bathrooms
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 04847, ME
1,698
Population
842
Households
2
Avg Household Size
47
Median Age
43%
College-Educated
97%
High-School Grad
22.0 sq mi
ZIP Area
77
Density / Sq Mi
$83,462
Median Household Income
$43,250
Median Earnings
$1,122
Median Rent
$301,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - One-level layout includes two residential wings organized around shared kitchen and dining areas.
Where is this multifamily property located?
The property is located at 293 Ludwig Road Hope, ME.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3,138 square feet of living space built in 1988; 15‑room layout with 8 bedrooms, 2 full baths, and 2 half baths; Two wings, each with 4 bedrooms and 1.5 bathrooms
