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$1,599,000   Price Analysis
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38 Townsend Ave
Boothbay Harbor, ME 04538
Unknown bed 13 bath 6,895 SqFt ($231/SqFt)
0.43 acre lot. Built 1700
Listed 2023-09-29
May be USDA loan restricted due to income limits
near Boothbay Harbor

Don't miss this rare opportunity to own three multi-family buildings (38 Townsend Ave

40 Townsend Ave and 5 McClintock St) in the heart of Boothbay Harbor! Whether you're a seasoned investor or looking to start your real es tate journey, this is your chance to secure valuable piece of the Boothbay Harbor market. Nestled in the heart of picturesque Boothbay Harbor, these three separate buildings totaling 11/12 rental units.

Currently being rented as self-managed Airbnb units. The property has an established rental history with excellent occupancy rates with the possibility for rent increases and value appreciation. Rent all units or live in one while earning income from the others and enjoy stunning coastal views and outdoor recreation right at your doorstep. Group Showing on Thursday October 5th From 12p - 2pm


Presented by Katie Treem at
Keller Williams Realty Greater Portland.
Listing Agent Photo

Property MLS #1573535 from MaineListings

Total Bathrooms: 12
Full Bathrooms: 11
1/2 Bathrooms: 2

Basement Features: Brick/Mortar, Crawl Space, Partial, Exterior Only

Cooling Features: Heat Pump
Heating Features: Radiator, Heat Pump, Direct Vent Heater, Baseboard
Heating: Yes

Flooring: Wood, Vinyl, Tile, Laminate, Carpet

Water Body Name: Boothbay Harbor
Bay
Harbor
Ocean

Other Structures: Outbuilding, Shed(s)
Patio And Porch Features: Porch

Lot Description: Open Lot, Rolling Slope, Sidewalks, Interior Lot, Intown, Near Public Beach, Near Shopping
Lot Size Acres: 0.43
Lot Size Square Feet: 18731

Parking Features: 1 - 4 Spaces, Gravel, Paved, Common, On Site

Gross Income: 227520

Number of Units: 13

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 10696
Source Listing Status: Active
County: Lincoln
Tax Year: 2023
Source Property Type: Multi-Family
Parcel Number: BOOH-000019-000000-000149
Postal Code Plus 4: 1988
Zoning: Downtown Business
Source System Name: C2C

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Operating Expense: 32000

Year Built: 1700
Above Grade Finished Area: 6895
Building Area Total: 6895
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Brick/Mortar
Property Age: 324
Roof: Shingle
Architectural Style: Colonial, Farmhouse

Sewer: Public Sewer
Utilities On
Water Source: Public

Boothbay Region Elementary School is a public elementary and middle school located approximately 0.8 miles away.
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Boothbay Region High School is a public high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.