4 unit building in Topsham's Historic District with parking and within an easy walk to Brunswick. Four one bedroom units, separate entrances, and easy to manage. Great investment that cashflows. Back available to no fault of the building.
Multi-familyProperty Type
1850Year Built
5,227 sq ftLot Size
$243Est. Price/Sq.Ft.
1 spaceParking
Listed by John Graham• John Graham Real Estate
Bought with Keely Walter• Portside Real Estate Group
Rare 4-Unit In Historic Topsham Village presents an outstanding opportunity for both investor and owner occupant. The current cash flow / annual income of $35K is impressive but 3 at-will tenants ensure a new owner has a flexibility to take below market rents to new levels of profitability. Current and previous owners have updated and maintained the property to ensure ease of ownership from the super efficient heat and replacement windows to the low/ no maintenance siding. Heat is included in rent but with this boiler it makes sense - tenants love this and will pay more per/month for it and it's so efficient you can come out on top. Tenants pay electric and each unit is an ideal 1 bedroom and 1 bath with off street parking. The attic is a blank slate and the land of opportunity. .. maybe another unit, maybe an expansion of one of the owner units. The possibilities are many, the opportunity is apparent, the location can't be beat. Just a short walk or drive to the recreation, restaurants, bars, breweries, boutiques and even Bowdoin College. Smart buyers know Brunswick / Topsham is already 'happening' and poised for rapid appreciation. Come tour but don't delay. Out of an abundance of respect for the tenants showings are limited to Friday 5/14 and Monday 5/17 between 12-2. Buyers and brokers are welcome with no appointment needed. Offers due Tuesday 5/18 @ 3PM.
MREIS #850319
Jun 13, 2007
Listed
$265,500
$98/sq ft
MREIS #752104
Jun 21, 2005
Listed
$269,900
$100/sq ft
MREIS #729111
Nov 22, 2004
Listed
$269,900
$100/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,891 (+3.1%)
$43,100 + $417,100
$460,200
2024
$5,714 (+4.6%)
$40,000 + $417,100
$457,100
2023
$5,463 (+12.1%)
$38,100 + $364,200
$402,300
2022
$4,874 (+3.3%)
$36,700 + $301,300
$338,000
2021
$4,717 (+7.0%)
$33,700 + $263,500
$297,200
2020
$4,408 (−1.7%)
$33,700 + $213,100
$246,800
2019
$4,485 (+3.8%)
$33,700 + $200,500
$234,200
2018
$4,319 (+3.4%)
$30,100 + $200,500
$230,600
2017
$4,178 (+0.7%)
$30,100 + $200,500
$230,600
2016
$4,148 (+5.9%)
$30,100 + $200,500
$230,600
2015
$3,917 (+3.6%)
$30,100 + $188,000
$218,100
2014
$3,780
$30,100 + $188,000
$218,100
Tax history for 7 Elm St
Year
Property tax
Land + Additions
Assessment*
2025
$5,891 (+3.1%)
$43,100 + $417,100
$460,200
2024
$5,714 (+4.6%)
$40,000 + $417,100
$457,100
2023
$5,463 (+12.1%)
$38,100 + $364,200
$402,300
2022
$4,874 (+3.3%)
$36,700 + $301,300
$338,000
2021
$4,717 (+7.0%)
$33,700 + $263,500
$297,200
2020
$4,408 (−1.7%)
$33,700 + $213,100
$246,800
2019
$4,485 (+3.8%)
$33,700 + $200,500
$234,200
2018
$4,319 (+3.4%)
$30,100 + $200,500
$230,600
2017
$4,178 (+0.7%)
$30,100 + $200,500
$230,600
2016
$4,148 (+5.9%)
$30,100 + $200,500
$230,600
2015
$3,917 (+3.6%)
$30,100 + $188,000
$218,100
2014
$3,780
$30,100 + $188,000
$218,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
2,711
Year built
1850
Style
Multi-Family (5+ Unit)
County
Sagadahoc County
APN
331351
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Common, Off Street
Interior
Bathroom Information
# of Baths (Full): 4
Basement Information
Basement Entry: Interior, Full
Interior Features
Interior Features: 1st Floor Bedroom, Attic
Flooring: Wood, Laminate, Carpet
Other Equipment: Internet Access Available
Multi-Unit Information
# of Units Total: 4
# of 1 Bedroom Units: 4
Operating Expense: $14,161
Gross Income: $75,692
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,530
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,611.95
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,570.75
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $1,600
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding
Foundation Details: Granite
Roof: Pitched, Shingle
Structure Type: Post & Beam
Total Stories: 2
Total Building Area (Sq. Ft.): 2,711
Property Information
Year Built: 1850
Above-Grade Finished Area (Sq. Ft.): 2,711
Lot Information
Lot Size (Sq. Ft.): $5,227.20
Lot Size (Acres): 0.12
Lot Size Source: Public Records
Lot Features: Sidewalks, Historic District, Intown, Near Shopping, Near Turnpike/Interstate
Road Surface Type: Paved
Zoning: R1
Subdivision Information
Subdivision Name: Topsham Historic District
Financial
Tax Information
Annual Tax Amount: $5,463
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
HOA Information
Pets Allowed: Other Restrictions
School Information
High School District: RSU 75/MSAD 75
Location Information
Unparsed Address: 7 Elm Street, Topsham, ME 04086
Directions: Main Street Topsham to Elm Street, third building on right.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,711
Stories: 2.0
Lot Size: 5,227 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1850
Year Renovated: —
County: Sagadahoc County
APN: 331351
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
K - 12
Preschool & daycare
Williams-Cone School
Public PreK-5 • Assigned • 0.3mi
10/10
Mt Ararat Middle School
Public 6-8 • Assigned • 1.5mi
6/10
Mt Ararat High School
Public 9-12 • Assigned • 1.1mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 89° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Topsham, ME • 04086
Average low and high temperatures (°F)
28
11
32
11
43
25
53
35
65
46
77
55
81
60
80
54
74
50
62
41
48
30
33
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.2 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.