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5-Unit Updated Apartment Building
For Sale
$865,000

8 Country Club Road, Boothbay, ME 04537

Freshly updated five-unit apartment building with two 2-bedroom apartments and three efficiency units on municipal water and sewer.

Property Size3,722 SF
Price / SF$232.40
Days on Market125

Property Features for 8 Country Club Road

General Information

Standard status Active
Size 3,722 SF
Property subtype Multi-family

Units

Unit Mix 2 x 2BR, 3 x efficiency
Multifamily Units 5

Additional Details

Utilities to Site Yes

Building Details

Year Built 1900
Listing Agency: Tindal & Callahan Real Estate
Listed By: Jonathan Tindal
Source: Profoundrealestate
Added: Apr 4 Changed: Jul 29 Last Checked: Aug 6 at 3:48AM

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 Tindal & Callahan Real Estate

Investment Insights

Based on property information with market context.

This freshly updated apartment building includes five residential units: two 2-bedroom apartments and three efficiency units. Recent improvements include interior finishes, rock wool insulation, siding, roofing, and other upgrades, supporting a well-maintained property. Built in 1900 and offered as a residential income asset, it has been popular for short-term rentals while also being well-suited for mixed use, employee housing, and/or owner occupancy, with the flexibility to expand and contract space based on family needs.

The property is positioned opposite the Boothbay Harbor Country Club and is centrally located. Municipal water and sewer services are in place.

With its mix of unit types and recent exterior and interior work, the building offers a straightforward, multi-unit residential setup for tenants or operators looking to manage multiple unit configurations within one structure.

Key Highlights

  • Two 2‑bedroom apartments plus three efficiency units
  • Freshly updated with interior finishes, rock wool insulation, siding, and roofing
  • 3722 SF apartment building with municipal water and sewer

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Electrical Service Dental Office Storage Facility Big Box & Wholesale Store Bakery

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

84
Businesses Nearby

Demographics for 04537, ME

2,000
Population
1,305
Households
1.5
Avg Household Size
54
Median Age
43%
College-Educated
96%
High-School Grad
16.1 sq mi
ZIP Area
124
Density / Sq Mi
$57,476
Median Household Income
$42,014
Median Earnings
$357,000
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 - Freshly updated five-unit apartment building with two 2-bedroom apartments and three efficiency units on municipal water and sewer.
Where is this apartment building located?
The property is located at 8 Country Club Road Boothbay, ME.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two 2‑bedroom apartments plus three efficiency units; Freshly updated with interior finishes, rock wool insulation, siding, and roofing; 3722 SF apartment building with municipal water and sewer
More about this property
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