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Apartment Building with Off-Street Parking
For Sale
$469,000

4 Whig Street, Winterport, ME 04496

Well-maintained apartment building with off-street parking, a one-year-old roof, and updated interiors across multiple unit types.

Property Size2,880 SF
Price / SF$162.85
Days on Market39

Property Features for 4 Whig Street

General Information

Standard status Active
Size 2,880 SF
Property subtype Multi-family

Units

Unit Mix 1 x Two Bedroom, 1 x Studio/Efficiency, 3 x One Bedroom
Multifamily Units 5

Additional Details

Utilities to Site Yes

Building Details

Year Built 1830
Listing Agency: Berkshire Hathaway HomeServices Northeast Real Estate
Listed By: Alan Wood
Source: Profoundrealestate
Added: Jun 27 Changed: Jul 31 Last Checked: Aug 4 at 9:48AM

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 Berkshire Hathaway HomeServices Northeast Real Estate

Investment Insights

Based on property information with market context.

Apartment building at 4 Whig Street offering multiple rental configurations. The current layout includes a two-bedroom unit, a studio/efficiency unit, and three one-bedroom units, plus an additional space presently used as an office but that could be converted into another apartment with a shower. The attic also has potential for additional apartment space. The property includes plenty of off-street parking.

The building has been well maintained by the same owners for 39 years. Updates include a roof that is one year old and recent interior painting, along with newly insulated improvements. Several interior upgrades are in place, including three new refrigerators, new carpeting with nice wood floors underneath, and new kitchen cabinets. Heating is described as economical Empire Propane heaters, and most units pay their own electric and heat. Public water and sewer serve the property.

Built in 1830, this is positioned within the Winterport Historical District and offers scenic views of the Penobscot River and Penobscot Narrows Bridge and Observatory.

Key Highlights

  • Two‑bedroom, studio/efficiency, and three one‑bedroom units plus an office space with shower that could add another unit
  • Attic has potential for additional apartment space
  • Roof is one year old and interior painting is recent

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience 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.

Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 04496, ME

3,817
Population
1,684
Households
2.3
Avg Household Size
44
Median Age
37%
College-Educated
96%
High-School Grad
35.5 sq mi
ZIP Area
108
Density / Sq Mi
$103,938
Median Household Income
$44,978
Median Earnings
$661
Median Rent
$243,300
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 - Well-maintained apartment building with off-street parking, a one-year-old roof, and updated interiors across multiple unit types.
Where is this apartment building located?
The property is located at 4 Whig Street Winterport, ME.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Two‑bedroom, studio/efficiency, and three one‑bedroom units plus an office space with shower that could add another unit; Attic has potential for additional apartment space; Roof is one year old and interior painting is recent
More about this property
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