78 High Street, Belfast, ME 04915

$920,000
Property Type: Multi-Family Baths: 5 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $920,000 List Date: 1/13/2026 Last Modified: 2/01/2026

Description

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 One 2BR unit, two 1BR units 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 property 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 city is currently in the process of leveling the adjacent building at 74 High Street. The building at 74 High Street, next to 78 High Street, is set to be demolished in early spring. It is owned by the city. It was a 10,000 square foot nursing home. Its zoning consists of nursing home, elderly care, apartment building and a professional building. The parking laws and restrictions prevent these uses without purchasing 78 High Street. The town is seeking a contractor to buy it from them and build something useful.

Supplements: ********

More Information MLS# 1649147

Location Information

Street #: 78 Street Name: High Street Type: Street County: Waldo Town: Belfast State/Province: ME Zip Code: 04915 Leased Land: No Book: 3400 Page: 52 Map: 37 Lot: 152 Zoning: R2 Zoning Overlay: Unknown Association: No Full Tax Amount $: 6190 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.424065 Geo Lon: -69.003263

Contract Information

Status: Active Original List Price: 920000 List Price: $920,000 Current Price: $920,000

Property Information

Surveyed: No Seasonal: No Deed/Conveyance Type Offered: Quit Claim Number of Units: 5 Total Baths: 5 Total Full Baths: 4 Total Half Baths: 1 Color: White w/Blue Year Built: 1912 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.19 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 1 # Water Heaters: 1

Units

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

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1150 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 475 # Half Baths: 1 # of Rooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: No Refrigerator: Yes Water: Yes

Unit 5

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 950 # Full Baths: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: No Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: No

Property Features

Site: Level; Open; Sidewalks Location: Near Golf Course; Near Public Beach; Near Shopping; Near Town; Neighborhood Roads: Public Recreational Water: Nearby Style: New Englander; Victorian Construction: Wood Frame Basement: Full; Sump Pump Basement Entry: Exterior Only Foundation Materials: Granite; Poured Concrete Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Hot Water Heat Fuel: Gas Bottled; Oil Water Heater: Off Heating System Cooling: None Floors: Other; Wood Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Coldwell Banker Realty
Last Updated: February - 01 - 2026
78 High Street, Belfast, ME 04915- MLS# 1649147
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