85 Parking Lot Lane

Damariscotta ME 04543

2930 sq. ft.

3485 sq. ft.

Multi-Family

Last sold for $620,000

Marsha Decosta, last sold this property on 06 March 2023 after 18 days on market.

Overview

Great investment opportunity with southwest views of the Damariscotta River. This 3, 000sf property offers two residential units and an opportunity to transform the first floor into another residential income producer. The layout works well for multiple tenants to enjoy the gorgeous water views. Vacation rentals would be another great use for this location right in the heart of Damariscotta village. There is plenty of parking available with municipal lot just steps away including an electric charging station. Recent improvements include a metal roof and boiler. Come check out this Damariscotta delight! Also see MLS #1550604 and #1550605.

Features

3 bedrooms

3 bathrooms

2930 sq. ft. floor area

3485 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in Damariscotta over the last 12 months.

Property history for 85 Parking Lot Lane

2023

Sold

$620,000

06 Mar 2023 by Marsha Decosta, of Tim Dunham Realty

Happy sellers in Damariscotta

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