This 4-unit, 2-bedroom apartment building in Belfast offers a fantastic investment opportunity. With one unit currently vacant, you can move in while the rental income from the remaining three units helps offset the mortgage. The property also features a spacious 4-bay garage, formerly operated as BJ's, which will be fully cleared out by the end of April—presenting endless possibilities for use. Situated on 1.9 acres, this property provides both space and convenience, with easy access to nearby services. Don't miss out on this versatile and income-generating opportunity!
Active under contract
$549,000
219 Waldo Avenue, Belfast, ME 04915
8beds
1,560sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$532,700 Zestimate®
$352/sqft
$-- HOA
What's special
- 46 days
- on Zillow |
- 28 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 02:30am
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1615838

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Baseboard
Cooling
- None
Features
- 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
- Flooring: Wood, Laminate
- Basement: Dirt Floor,Partial,Bulkhead
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
- Finished area above ground: 1,560
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: 21+ Spaces, Gravel, Common, On Site, Detached
- Garage spaces: 4
Features
- Patio & porch: Porch
Lot
- Size: 1.9 Acres
- Features: Level, Sidewalks, City Lot, Near Town
Details
- Additional structures: Outbuilding
- Parcel number: BELFM015L012A
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Shingle Siding, Wood Frame
- Foundation: Gravel/Pad, Concrete Perimeter, Slab
- Roof: Shingle
Condition
- Year built: 1971
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Private Sewer
- Water: Private, Well
Community & HOA
Location
- Region: Belfast
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $318,100
- Annual tax amount: $6,543
- Date on market: 3/11/2025
- Electric utility on property: Yes
- Road surface type: Paved
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