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Four-Unit Multifamily Property
For Sale
$340,000

8587 85-87 Church St, Livermore Falls, ME 04254

Two-building rental property with three units in one structure and a detached four-bedroom residence.

Property Size4,873 SF
Price / SF$69.77
Days on Market42

Property Features for 8587 85-87 Church St

General Information

Standard status Active
Size 4,873 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence With some TLC

Additional Details

Multifamily Units 4

Building Details

Year Built 1900
Buildings 2
Listing Agency: Coldwell Banker Sandy River Realty
Listed By: Ian Luker
Source: Soldbymichaelthomas
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 30 at 6:56PM

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 Coldwell Banker Sandy River Realty

Investment Insights

Based on property information with market context.

This multifamily property contains 4,873 square feet across two buildings. The primary structure includes three rental units, while a separate building provides a four-bedroom rental residence. Built in 1900, the property is currently generating rental income and offers a four-unit configuration for continued residential use.

Located at 8587 85-87 Church St in Livermore Falls, Maine, the property is positioned near town amenities. The buildings require TLC, giving the next owner the opportunity to address improvements across the units while maintaining the existing rental setup.

Key Highlights

  • Four‑unit multifamily property with current rental income
  • Three rental units in the main building
  • Detached four‑bedroom rental residence

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Nail Salon Hair Salon (Bike/Boat/Book/etc) 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 04254, ME

3,060
Population
1,676
Households
1.8
Avg Household Size
39
Median Age
16%
College-Educated
93%
High-School Grad
19.7 sq mi
ZIP Area
155
Density / Sq Mi
$44,535
Median Household Income
$31,898
Median Earnings
$823
Median Rent
$162,500
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?
Multifamily property - Two-building rental property with three units in one structure and a detached four-bedroom residence.
Where is this multifamily property located?
The property is located at 8587 85-87 Church St Livermore Falls, ME.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Four‑unit multifamily property with current rental income; Three rental units in the main building; Detached four‑bedroom rental residence
More about this property
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