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Duplex with Development Potential
New
For Sale
$850,000

81 Floral Street, Bath, ME 04530

Two matching rental units provide three bedrooms, two baths, private outdoor space, and in-unit laundry.

Property Size2,600 SF
Price / SF$326.92
Days on Market5

Property Features for 81 Floral Street

General Information

Standard status Active
Size 2,600 SF
Property subtype Multi-family
Lease Term []

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

in-unit laundry
private patio
radiant-heated floors
Level Entry

Building Details

Year Built 2020
Buildings 1
Listing Agency: Realty of Maine
Listed By: Shannan Smith
Source: Portsiderealestategroup
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 16 at 6:48PM

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 Realty of Maine

Investment Insights

Based on property information with market context.

Built in 2020, this duplex contains two mirror-image residences designed for rental use. Each unit offers three bedrooms, two full bathrooms, a large eat-in kitchen, in-unit laundry, a private patio with privacy fencing, and dedicated parking. The first level includes a full bathroom and radiant-heated floors, while baseboard heat serves the upper level. Tankless propane water heaters support both residences, with R26 walls and R68 attic and ceiling insulation.

Public water and sewer are already on site. The town has approved construction of another duplex, while any additional development remains subject to Bath zoning and required approvals. The property is located at 81 Floral Street in Bath, Maine.

Key Highlights

  • Two‑unit duplex built in 2020
  • Each residence has 3 bedrooms, 2 bathrooms, in‑unit laundry, and a private patio
  • Town approval is in place for construction of another duplex

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

588
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 matching rental units provide three bedrooms, two baths, private outdoor space, and in-unit laundry.
Where is this duplex located?
The property is located at 81 Floral Street Bath, 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: Two‑unit duplex built in 2020; Each residence has 3 bedrooms, 2 bathrooms, in‑unit laundry, and a private patio; Town approval is in place for construction of another duplex
More about this property
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