1294 U.S. 1, Freeport, ME 04032

New Listing
$1,100,000
Property Type: Multi-Family Baths: 6 Square Footage: 4,855 Lot Size (sq. ft.): 26,136 Status: Active
Current Price: $1,100,000 List Date: 7/13/2026 Last Modified: 7/13/2026

Description

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.

Supplements: ********

More Information MLS# 1671591

Location Information

Street #: 1294 Street Name: U.S. 1 County: Cumberland Town: Freeport State/Province: ME Zip Code: 04032 Leased Land: No Book: 39501 Page: 194 Map: 018 Lot: 043 Zoning: MDB Zoning Overlay: Unknown Association: No Full Tax Amount $: 6429.17 Tax Year: 2026 Tree Growth Y/N: No Geo Lat: 43.88043 Geo Lon: -70.081622

Contract Information

Status: Active Original List Price: 1100000 List Price: $1,100,000 Current Price: $1,100,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 6 Total Baths: 6 Total Full Baths: 6 Year Built: 1940 SqFt Finished Above Grade: 4855 SqFt Finished Total: 4855 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.6 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 1 # Floors: 1 # Heating Units: 6

Units

# of 1 BD Units: 2 # of 2 BD Units: 4

Unit 1

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1840 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1830 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1625 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Water: Yes

Unit 5

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 6

Lease: Yes Level: First Security Deposit: No Monthly Rent: 1560 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Property Features

Site: Level Location: Near Shopping; Near Town; Near Turnpike/Interstate Roads: Paved View: Trees/Woods Style: Other Construction: Wood Frame Basement: None Basement Entry: Not Applicable Exterior: Vinyl Siding Roof: Metal Heat System: Forced Air Heat Fuel: Propane Water Heater: Electric Cooling: None Floors: Hardwood Patio and Porch Features: Deck Driveway: Common; Gravel Parking: 5 - 10 Spaces; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Septic Tank Water: Private
Listing Office: The Boulos Company
Last Updated: July - 13 - 2026
1294 U.S. 1, Freeport, ME 04032- MLS# 1671591
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