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Bean Group
Offered at $1,100,000Pending
beds
—
baths
6
sq ft
4,855
Built
1940

1294 U.S. 1

Freeport, ME 04032

About this home

6-unit multifamily investment property, offering convenient access to downtown Freeport while located directly off US Route 1, minutes from I-295 Unit Mix: Two (2) 1 BR units & four (4) 2 BR units (separately metered electric) Recent improvements include insulation in attic, basement, & utility rooms, two (2) Brancato boilers, a water filtration system, rewired service panel on exterior/interiors for each unit, and new decks.

Listing last checked: Listing updated:

Listed by Listing Agent · The Boulos Company · MLS #1671591

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Details at a glance

Interior3 property facts
Heating
Electric, Propane, Forced Air
Cooling
None
Flooring
Hardwood
Building3 property facts
Style
Other
Year built
1940
Roof
Metal
Land & utilities4 property facts
Lot size
0.6 acres
Water
Private
Sewer
Septic Tank
Zoning
MDB
Financial2 property facts
Annual taxes
$6,429
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,098 / monthAdjust
Principal & interest
$5,562
Property tax
$536
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,429. 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 1294 U.S. 1

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Request a tour of 1294 U.S. 1 and a Bean Group agent will help coordinate an available time with the listing side.

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

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