Multifamily

Sorrento, ME Multifamily Properties for Sale

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Sullivan, ME Hancock, ME Lamoine, ME Bar Harbor, ME Gouldsboro, ME Winter Harbor, ME Franklin, ME Eastbrook, ME
Duplex Property with Garage Apartment
Updated: Aug 8
Duplex Property with Garage Apartment

400A E Side Road, Sorrento, ME 04677

$425,000
3,417 sqft 2.90 AC lot
4‑bedroom, 2,520‑square‑foot primary home with three floors
897‑square‑foot, 2‑bedroom apartment above a detached garage
Detached 32'x28' garage accommodates two vehicles
2.9‑acre property with ocean frontage
More than 500 square feet of unfinished room space in the main home
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1 active listing matches your search: Multifamily for sale in Sorrento, ME. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Coastal Duplex
Renovated Coastal Duplex

7 Wharf Road, Sullivan, ME 04664

$539,000
1,800 sqft

Renovated in 2020, the two-unit property has documented short-term and long-term rental use.

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Four-Unit Colonial Quadplex
Four-Unit Colonial Quadplex

86 Grange Hall Road, Sullivan, ME 04664

$295,000
3,599 sqft 1.70 AC lot

Occupied apartments, shared laundry, private parking, and a separate one-bedroom apartment create a flexible residential income property.

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Duplex with Garage Space
Duplex with Garage Space

3 Pineo Court, Bar Harbor, ME 04609

$575,000
1,660 sqft

A six-bedroom residence and separate one-bedroom apartment provide multiple living areas, with laundry facilities on site.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

21 Federal Street, Bar Harbor, ME 04609

$1,890,000
4,693 sqft

A three-bedroom residence accompanies a commercial space and two furnished rental apartments in downtown Bar Harbor.

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Sorrento, ME Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Sorrento, ME on our real estate platform. These investment opportunities span a total of 3,417 square feet of properties for sale, with an estimated market value of $425,000.

Sale prices for multifamily properties in Sorrento, ME average $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 322
Population Growth (5Y) -1.5%
Median Household Income $76,250
College Educated 77.9%

High-Yield Neighborhoods for Investment

Identify Sorrento submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04677 $425K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hancock County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hancock County

Office

Residential Income

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