15 South Street, Freeport, ME 04032

Freeport
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
15 South Street,Freeport, ME 04032
$1,195,000
  • - Beds
  • 4 Baths
  • 3,900 sq. ft.
  • Multi-family
  • Active
Office: re/max shoreline
MLS#:1661934
Source:ME_MREIS

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$306.41

About this home

SELLER FINANCING AVAILABLE & PREFERRED*. Look no further -- this is the quadplex everyone has been waiting for with a potential cap rate of 9.05%. Meticulously maintained with 3,900+ SF in desirable Freeport, this property features spacious units and potential for condo conversion, offering more value in the sum of the parts. Step inside and tour the units, each one fully updated throughout. The kitchens feature granite countertops in some units, stainless steel appliances, and recessed lighting. Flooring has been refreshed throughout, including hardwood floors in select units. Bathrooms are also updated with newer tubs, vanities, and flooring, and the pine hallway walls add character and warmth. Some units also offer porch access, a great spot to enjoy the spring and summer months with family and friends. Major improvements include 4 newer heating systems (with some mini-splits), paved driveways, updated plumbing, insulated windows, and repointed chimneys and foundations. Owners...

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Home facts

  • Year built:1950
  • Listing ID #:1661934
  • Updated:June 29, 2026 at 10:25 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Hardwood, Luxury Vinyl, Vinyl
  • Living area:3,900 sq. ft.

Heating and cooling

  • Cooling:Window Unit (s)
  • Heating:Gas Natural, Heating, Hot Water

Structure and exterior

  • Roof:Flat
  • Year built:1950
  • Building area:3,900 sq. ft.
  • Lot area:0.25 Acres
  • Lot Features:Level, Near Shopping, Near Turnpike/Interstate, Neighborhood, Open Lot
  • Architectural Style:Contemporary
  • Construction Materials:Shingle Siding, Wood Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$306.41
  • Tax amount:$9,264 (2025)

Parking

  • Parking description:5 - 10 Spaces, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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