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Renovated Duplex with Harbor Views
For Sale
$850,000

40 Atlantic Avenue, Boothbay Harbor, ME 04538

Two-unit residential property with distinct layouts, coastal setting, and flexible occupancy possibilities.

Property Size2,084 SF
Price / SF$407.87
Days on Market325

Property Features for 40 Atlantic Avenue

General Information

Standard status Active
Size 2,084 SF
Property subtype Multi-Family
Zoning Residential

Units

Unit Mix 2BR/1BA, 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,087

Amenities

Zoned, Steam, Hot Water, Baseboard
3
Walk-Out Access, Full, Partial, Sump Pump, Bulkhead, Unfinished
Wood, Vinyl, Tile, Laminate, Carpet
No
Yes
Block, Concrete Perimeter, Brick/Mortar
2.00
2
Composition, Fiberglass, Shingle
Vinyl Siding, Clapboard, Wood Frame

Building Details

Year Built 1920
Buildings 1
Units 2
Listing Agency: Harbor Realty
Listed By: Edmund Brown III
Source: Compass
Added: Oct 11, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:08AM

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 Harbor Realty

Investment Insights

Based on property information with market context.

Located at 40 Atlantic Avenue in Boothbay Harbor, this 2,084-square-foot duplex dates to 1920 and has been updated over the past 10 years. The property includes two separate apartments with a combined five bedrooms and two bathrooms. The first-floor unit contains two bedrooms and one bathroom and has been used as a rental. The upper residence occupies two levels, offering three bedrooms and one bathroom, and has served as extended-family space.

The property overlooks Boothbay Harbor and sits near the historic footbridge, local shops, restaurants, yacht clubs, and the country club. Residential zoning supports its established duplex configuration. Exterior materials include vinyl siding, clapboard, and wood framing, while interior finishes include wood, vinyl, tile, laminate, and carpet. The property also includes two parking spaces and basement areas with walk-out access, sump pump, and bulkhead features.

Key Highlights

  • 2,084‑square‑foot duplex at 40 Atlantic Avenue, Boothbay Harbor, ME 04538
  • Five bedrooms and two bathrooms across two residential units
  • First‑floor apartment includes 2 bedrooms and 1 bath and has been used as a rental

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Garden Center Auto Parts 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

Demographics for 04538, ME

1,729
Population
1,826
Households
0.9
Avg Household Size
62
Median Age
45%
College-Educated
91%
High-School Grad
4.5 sq mi
ZIP Area
384
Density / Sq Mi
$60,000
Median Household Income
$27,137
Median Earnings
$727
Median Rent
$369,600
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?
Duplex - Two-unit residential property with distinct layouts, coastal setting, and flexible occupancy possibilities.
Where is this duplex located?
The property is located at 40 Atlantic Avenue Boothbay Harbor, ME.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,084‑square‑foot duplex at 40 Atlantic Avenue, Boothbay Harbor, ME 04538; Five bedrooms and two bathrooms across two residential units; First‑floor apartment includes 2 bedrooms and 1 bath and has been used as a rental
More about this property
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