Listing

1294 US-1

Multifamily ResidentialMulti-Family

1294 US-1, Freeport, ME 04032

8 photos
Multifamily Residential For Sale
Asking
$1,100,000
Available
4,855 SF
Floor / Suite
Turnkey 6-Unit Multi Family
Listing Details
Type
Sale
Status
Pending
Asking Price
$1,100,000
Price/SF
$226.57/SF
Cap Rate
7.58%
List Date
Jul 13, 2026
Days on Market
98
Financing Available
No
Sale Investment
YES
Sale NOI
$83,355
Owner Occupied
No
Tax Amount
$6,429
Tax Year
2026
Last Verified
Oct 16, 2026
Agent Ownership Interest
No

Turnkey 6-Unit Multfamily

Rare 6-unit multifamily investment property, offering convenient access to downtown Freeport while located directly off US Route 1, minutes from I-295. Unit Mix: Two (2) 1 BR units & four (4) 2 BR units (separately metered electric). Recent improvements include insulation in attic, basement, & utility rooms, two (2) Brancato boilers, a water filtration system, rewired service panel on exterior/interiors for each unit, and new decks.

Space Details

Suite
Turnkey 6-Unit Multi Family
Available SF
4,855 SF
Property Highlights
Type
Multi-Family · Low-Rise
Size
4,855 SF
Number of Units
6
Acreage
0.86 Acres
Occupancy Type
Multi Tenant
Year Built
1940
Floors
1
Zoning
MDB - MEDIUM DENSITY B
Sprinklered
No
County
Cumberland
Submarket
Portland-South Portland
Contact
NS
Noah StebbinsPrimary
The Boulos Company
Location