Damariscotta ME Multi Family for Sale
$380,000
41 Street Damariscotta, ME 04543
- Type:
- Multi-Family
- Sq.Ft.:
- 2,480
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 1605716
View additional info
Courtesy: Pottle Realty
207-633-2222
ADDITIONAL INFORMATION
Tremendous in-town opportunity! This lot features a finished one-bedroom studio apartment! The 600+/- Sq foot income generating property is a wonderful addition to the 2-unit main building on the same parcel. The main building is currently in the state of mid-renovation. The downstairs unit is a blank slate of exposed studs and insulation. You and or your builder can create your own floorplan! The upstairs unit is a 3 bedroom with a kitchen. This unit is in an advanced state of doneness and welcomes your updating skills. This is a project that we think many buyers will see the value in a purchase and renovation! Rent the studio, or live in it while tackling the main building, there are so many opportunities at this Church Street location. Come see for yourself!
Damariscotta Real Estate
The median home value in Damariscotta, ME is $550,000. This is higher than the county median home value of $375,800. The national median home value is $338,100. The average price of homes sold in Damariscotta, ME is $550,000. Approximately 40.6% of Damariscotta homes are owned, compared to 28.09% rented, while 31.31% are vacant. Damariscotta real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Damariscotta real estate agent to arrange a tour today!
Damariscotta, Maine has a population of 2,221. Damariscotta is less family-centric than the surrounding county with 23.03% of the households containing married families with children. The county average for households married with children is 23.29%.
The median household income in Damariscotta, Maine is $51,033. The median household income for the surrounding county is $62,121 compared to the national median of $69,021. The median age of people living in Damariscotta is 41.6 years.
Damariscotta Weather
The average high temperature in July is 77.3 degrees, with an average low temperature in January of 11.7 degrees. The average rainfall is approximately 48.2 inches per year, with 63.8 inches of snow per year.