About This Home

This 0-bedroom, 5-bathroom residential multi family at 13 & 15 High Street in Ellsworth, ME is listed for $895,000 ($161 per sqft). Built in 1982, the home offers 5,566 sqft of living space on a 0.37 acres lot.

Key Features

  • Built in 1982
  • 0.37 acre lot
  • 3 stories

Property Details

3 stories
5 full
1982
Listing Description

Spectacular Commercial & Multi-Unit Investment Opportunity in the Heart of Ellsworth Investors and owner-occupants take note! This exceptional Ellsworth property offers a rare combination of established rental income, commercial space, and future development potential—all in one convenient location.

The offering includes two buildings plus an adjacent 0.16-acre buildable lot, creating an unusually versatile investment opportunity. The 1850 renovated Victorian at 13 High Street features two well-maintained 2-bedroom, 1-bath apartments, blending historic character with modern updates.

The 1982 building at 15 High Street adds even more versatility with two 2-bedroom, 1-bath apartments, one 1-bedroom, 1-bath apartment, and a large commercial space currently occupied by a hair salon. With both residential and commercial income, this property offers a diverse and flexible investment profile.

Numerous improvements over the past five years include new heat pumps, a new roof, added insulation, remodeled kitchens, paved parking, upgraded electrical and plumbing, new appliances, fencing, lighting, and more. Much of the heavy lifting has already been done, allowing a new owner to focus on maximizing the property's income potential.

The real bonus is the adjacent 0.16-acre lot, which includes a paved driveway and zero-lot-line restriction, creating the possibility of adding another rental property, subject to municipal approvals and permitting. Generate income today and position yourself for tomorrow.

With multiple residential units, commercial space, extensive recent improvements, and additional land for potential development, this is a truly versatile Ellsworth investment with plenty of room to grow. To arrange a showing or for more information contact Carol Schaefer at The Davis Agency. mobile or office.. A minimum of 24 hours' showing notice is required.

Monthly Cost Estimate

$4,787/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

13 & 15 High Street

Ellsworth, ME 04605

Features & Amenities

Interior Features

1st Floor BedroomBathtubShower

Property Details

Flooring

CarpetWoodLaminate

Construction

Wood Frame Vinyl Siding

Outdoor Features

Porch

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Heat Pump

Questions & Answers

This 0-bedroom, 5-bathroom residential multi family at 13 & 15 High Street is listed at $895,000 ($161/sqft). The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 0.37 acre lot, 3 stories. Interior Features: 1st Floor Bedroom, Bathtub, Shower.

This property is listed by Carol Schaefer.

CS

Carol Schaefer

Agent at The Davis Agency

Listed by The Davis Agency · Broker phone: 207-244-3891 · View on Broker Site · Broker website

MLS# 1683006· Source: Maine Listings· Added to PropertySimple today

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13 & 15 High Street, Ellsworth, ME 04605

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