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12 Elm St
Freeport, ME 04032
Multifamily Property For Sale
·
37 Units
Executive Summary
Steps from Downtown Freeport
Mix of one (1), two (2), and three (3) bedroom units
Recent updates include new windows (2004), newly paved and striped parking lot (2025), new roofs (all within the last 5-10 years), and new wheelchair-accessible ramps to ensure ADA compliance
Newly converted into Fair Market Rentals (was previously in the Rural Development Program)
Includes excess land for possible future development
Professionally managed and maintained property
Mix of one (1), two (2), and three (3) bedroom units
Recent updates include new windows (2004), newly paved and striped parking lot (2025), new roofs (all within the last 5-10 years), and new wheelchair-accessible ramps to ensure ADA compliance
Newly converted into Fair Market Rentals (was previously in the Rural Development Program)
Includes excess land for possible future development
Professionally managed and maintained property
Property Facts
| Price Per Unit | $283,649 | Lot Size | 4.16 AC |
| Sale Type | Investment | Building Size | 31,846 SF |
| No. Units | 37 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 1.88/1,000 SF |
| Building Class | C | ||
| Zoning | V1 - Village | ||
| Price Per Unit | $283,649 |
| Sale Type | Investment |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 4.16 AC |
| Building Size | 31,846 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.88/1,000 SF |
| Zoning | V1 - Village |
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