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Topsham,ME 04086
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 5,900 sqft
Price per Sqft $156
MLS Listing ID 1599976
Style Colonial,Farmhouse,New Englander
Full Baths 6
Half Baths 1
Year Built 1880
Annual Tax Amount $9,938
Tax Year 2024
Lot Size 1.480 Acres
Property Description
Investors, developers, and equity-minded buyers—take notice!
This rare 4-unit property includes two additional buildable lots, each with written documentation from the town confirming they meet local standards to support a duplex with proper permitting and planning.
Looking to scale? Consider workforce housing. According to Topsham's Multifamily Dwelling Dimensional Requirements, the existing parcel may support up to 24 additional units—a unique opportunity to significantly increase value and return on investment.
With a strong rental history, income potential, and classic farmhouse charm, this property stands out in today's market. Recent improvements include new electrical breakers, a new hot water tank, and a fully renovated first-floor unit—making it ideal for owner-occupants seeking both comfort and cash flow.
This farmhouse is pre-loved and ready for a new owner with vision and capital to restore it to its prime and unlock its full potential.
All units are currently tenant-occupied. Showings require 24-36 hours' notice.
Location
State ME
County Sagadahoc
Zoning R1
Interior
Heating Zoned,Stove,Hot Water,Baseboard
Cooling None
Flooring Wood,Vinyl,Tile,Carpet
Equipment Internet Access Available
Laundry Laundry - 1st Floor,Main Level,Washer Hookup
Exterior
Parking Features 5 - 10 Spaces,Gravel,Paved
Garage Spaces 2.0
Utilities Available 1
View Y/N Yes
View Scenic
Roof Type Shingle
Building
Lot Description Well Landscaped,Rolling/Sloping,Pasture/Field,Level,Wooded,Intown,Neighborhood
Story 3
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Clapboard,Other,Wood Frame