Rare multi-unit investment located in the heart of Belfast's vibrant downtown district. This versatile property offers immediate cash flow with a 100% occupancy rate across five residential units and one commercial office space (currently unrented). One 3BR unit, one 2BR unit, one 1BR unit, and two efficiency apartments. Commercial Space includes a dedicated office suite, perfect for professional services or small business rental. All units are currently rented, providing a turnkey opportunity for the next owner. Situated less than .2 miles from Belfast Harbor, this property offers a premier coastal location. Tenants enjoy amenities within less than .2 of a mile. Within a few hundred yards of downtown's top restaurants and cafes. Less than a mile to City Park, local beaches, and the waterfront. Immediate proximity to boating, public docks, and the harbor walk. Less than one mile to the hospital and city services. The seller is currently in the process of leveling the adjacent building at 74 High Street (to be completed in approximately three months). This project will create 13 additional parking spaces for 78 High Street.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| For Sale ~ Price Changed MultiFamily | $750,000 -10.7% | Coldwell Banker Realty | ||
| For Sale ~ Price Changed MultiFamily | $840,000 -5.4% | Coldwell Banker Realty | ||
| For Sale ~ Price Changed MultiFamily | $888,000 -3.5% | Coldwell Banker Realty | ||
| Listed For Sale MultiFamily | $920,000 | Coldwell Banker Realty |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $6,190 |
Elementary School East Belfast School | 0.8 miles away | PK - 05 | |
Elementary School Captain Albert W. Stevens School | 0.7 miles away | PK - 05 | |
High School Belfast Area High School | 0.8 miles away | 09 - 12 |