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16-Unit Apartment Property
For Sale
$1,650,000

369 School St, Unity, ME 04988

Three-property multifamily offering with an installed solar system and additional units under construction.

Property Size14,524 SF
Price / SF$113.61
Days on Market17

Property Features for 369 School St

General Information

Standard status Active
Size 14,524 SF

Additional Details

Multifamily Units 16

Amenities

solar system

Building Details

Year Built 1988
Buildings 3
Tenancy Multi
Listing Agency: NEBO Realty Firm
Listed By: Shannon Roy
Source: Soldbymichaelthomas
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 25 at 5:28AM

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 NEBO Realty Firm

Investment Insights

Based on property information with market context.

The offering comprises three apartment properties with 16 existing units. Four more units are currently being completed, creating a potential total of 20 units once finished. The properties were built in 1988 and include a newly installed solar system. The offering is located at 369 School St in Unity, Maine.

Key Highlights

  • Three apartment properties with 16 existing units
  • Four additional units are in the process of being completed
  • Potential 20‑unit total upon completion of the additional units

Property Analytics

Current Use

Blazed and Infused (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Catering Service Big Box & Wholesale Store Pharmacy Nail Salon

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

Lease Details

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 04988, ME

2,328
Population
929
Households
2.5
Avg Household Size
29
Median Age
20%
College-Educated
90%
High-School Grad
49.8 sq mi
ZIP Area
47
Density / Sq Mi
$50,000
Median Household Income
$13,475
Median Earnings
$798
Median Rent
$189,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Three-property multifamily offering with an installed solar system and additional units under construction.
Where is this apartment building located?
The property is located at 369 School St Unity, ME.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Three apartment properties with 16 existing units; Four additional units are in the process of being completed; Potential 20‑unit total upon completion of the additional units
More about this property
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