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Bean Group
Offered at $1,350,000Active
beds
—
baths
0
sq ft
5,875
Built
1806

84 Elm Street

Camden, ME 04843

About this home

This historic and versatile property built in 1806 sits in the heart of Camden in a desirable mixed-use business/residential area that offers potential buyers a variety of options for its use. At present the property is being operated as the Elms of Camden, a successful Bed and Breakfast. However, glancing at the floor plans it's easy to envision the multiple ways in which the property could be utilized. For instance, it could be returned to a single-family residence with the rear cottage used as either a mother in law's quarters, a home office, or two independent bedrooms, each with private entrances, private bathrooms, and gas fireplaces, perfect for an Airbnb rental to generate extra income. In addition, the two front parlors could be used as retail space for an enterprise such as a small boutique or gallery. The space really is limited only by your imagination. On the first floor there is a kitchen, dining room, office, laundry area, and a bedroom with full bathroom, private entrance, and a historic fireplace. There are also three additional bedrooms, each with their own bathrooms and two with a gas fireplace on the second floor. The third floor offers two more bedrooms, one with a gas fireplace and both with private bathrooms and entrances. A storage space on the third floor could easily be converted to additional living space. All the main spaces in the main house are equipped with Mini splits for both heat and air conditioning. The paved parking lots offers plenty of space for your vehicles, a RV, or even a boat. The property is lovingly landscaped with beautiful gardens. There is a paved stone patio as well as gravel sitting area at the rear of the property for enjoying quiet evenings. Furnishings negotiable.

Listing last checked: Listing updated:

Listed by Listing Agent · Legacy Properties Sotheby's International Realty · MLS #1656381

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Details at a glance

Interior3 property facts
Heating
Electric, Oil, Baseboard, Heat Pump, Zoned
Cooling
Heat Pump
Flooring
Tile, Wood
Building3 property facts
Style
General Commercial
Year built
1806
Roof
Shingle
Land & utilities4 property facts
Lot size
0.4 acres
Water
Public
Sewer
Public Sewer
Zoning
Transitional Busines
Financial2 property facts
Annual taxes
$8,522
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $1,350,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$7,537 / monthAdjust
Principal & interest
$6,826
Property tax
$710
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,522. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 84 Elm Street

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Request a tour of 84 Elm Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.