41 Church St Damariscotta, ME 04543
Estimated payment $2,320/month
Highlights
- Hot Property
- Additional Residence on Property
- Wood Flooring
- Great Salt Bay Community School Rated A-
- Deck
- New Englander Architecture
About This Home
Incredible In-Town Investment Opportunity!
Don't miss this versatile and income-generating property in a prime Church Street location. Situated on a single parcel, this unique offering includes a finished one-bedroom studio apartment — approximately 600± sq. ft. — perfect for rental income or personal use.
Also on the lot is a two-unit main building currently mid-renovation, presenting an ideal project for investors or owner-occupants looking to customize. The downstairs unit is a blank canvas—stripped to the studs and ready for you or your builder to design the layout of your dreams. The upstairs unit features three bedrooms and a kitchen and is in the advanced stages of renovation, ready for your finishing touches.
Live in the studio while you renovate, rent it out for steady cash flow, or transform the entire property into a multi-unit gem. With endless potential and a sought-after in-town location, this is a rare find for buyers with vision.
Come explore the possibilities on Church Street today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,840
Year Built
- Built in 1920
Lot Details
- 0.36 Acre Lot
- Open Lot
Home Design
- Duplex
- New Englander Architecture
- Brick Foundation
- Concrete Foundation
- Pillar, Post or Pier Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Asbestos Siding
- Vinyl Siding
- Asbestos
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 1 Full Bathroom
- 2,480 Sq Ft Home
- 2-Story Property
- 1 Fireplace
Flooring
- Wood
- Laminate
- Vinyl
Unfinished Basement
- Walk-Out Basement
- Brick Basement
- Interior Basement Entry
- Dirt Floor
- Natural lighting in basement
Parking
- Driveway
- Paved Parking
- On-Site Parking
Location
- Property is near shops
- City Lot
Utilities
- No Cooling
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Additional Features
- Deck
- Additional Residence on Property
Listing and Financial Details
- Tax Lot 092
- Assessor Parcel Number DAMA-000006-000000-000092
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $1,300
- Gross Income $15,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,840 | $261,600 | $88,900 | $172,700 |
| 2023 | $4,094 | $261,600 | $88,900 | $172,700 |
| 2022 | $3,651 | $219,300 | $74,700 | $144,600 |
| 2021 | $3,487 | $219,300 | $74,700 | $144,600 |
| 2020 | $3,531 | $219,300 | $74,700 | $144,600 |
| 2019 | $3,531 | $219,300 | $74,700 | $144,600 |
| 2018 | $3,691 | $219,300 | $74,700 | $144,600 |
| 2017 | $3,691 | $219,300 | $74,700 | $144,600 |
| 2016 | -- | $219,300 | $74,700 | $144,600 |
| 2015 | -- | $219,300 | $74,700 | $144,600 |
| 2014 | $3,465 | $219,300 | $74,700 | $144,600 |
| 2013 | -- | $219,300 | $74,700 | $144,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $350,000 | -5.4% | $141 / Sq Ft |
| 05/11/2025 05/11/25 | For Sale | $370,000 | -- | $149 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $214,905 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $80,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Maine Listings
MLS Number: 1622195
APN: DAMA-000006-000000-000092
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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