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8-Unit Apartment Building with Parking
For Sale
$950,000

7 North Street, Bath, ME 04530

Residential units feature period details, dedicated electrical meters, and on-site parking.

Property Size6,158 SF
Days on Market794

Property Features for 7 North Street

General Information

Standard status Active
Size 6,158 SF
Total Parking Spaces 13
Property subtype Commercial
Zoning R1

Units

Unit Mix 6 x 2BR, 2 x 1BR
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $7,250

Building Details

Building Size 6,158 SF
Year Built 1900
Buildings 1
Stories 3
Listing Agency: Portside Real Estate Group
Listed By: Brenton Sawyer
Source: Startpoint
Added: Jun 5, 2024 Changed: Aug 7 Last Checked: Aug 7 at 3:47AM

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 Portside Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1900, this multifamily property contains 8 residential apartments arranged as 6 two-bedroom units and 2 one-bedroom units. Period mouldings and ceilings reaching as high as 13 feet add distinctive architectural character, while each apartment has a dedicated electrical meter. The property also includes a 13-car parking lot.

The building is located in downtown Bath near shopping, restaurants, and the waterfront park. It is zoned R1 and was historically associated with soprano opera singer Emma Eames, who once lived in the residence. Heat, hot water, and water/sewer are included in rent. All tenants are at will.

Key Highlights

  • 8 residential units: 6 two‑bedroom and 2 one‑bedroom apartments
  • 13‑car parking lot included
  • Period mouldings and ceilings as high as 13 feet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Plumbing Service Garden Center Big Box & Wholesale Store Auto Repair Shop

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

Demographics for 04530, ME

11,153
Population
6,162
Households
1.8
Avg Household Size
45
Median Age
43%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
387
Density / Sq Mi
$78,482
Median Household Income
$42,793
Median Earnings
$980
Median Rent
$306,900
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 - Residential units feature period details, dedicated electrical meters, and on-site parking.
Where is this apartment building located?
The property is located at 7 North Street Bath, ME.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 8 residential units: 6 two‑bedroom and 2 one‑bedroom apartments; 13‑car parking lot included; Period mouldings and ceilings as high as 13 feet
More about this property
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