$2,225,000

56 Elm St Camden, ME 04843

Estimated payment $12,788/month

Total Views 3,803
-- Bed
13 Baths
11,691 Sq Ft
$190 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Public Beach
  • No HOA
  • Camden-Rockport Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Camden Hills State Park

About This Home

INVESTORS TAKE NOTICE! Incredible opportunity
to own a large mixed use complex (9 residential
units/ 3 commercial spaces) in downtown Camden,
a stones throw from the harbor. Most of the units
have been updated and the building is fully occupied
making this a turn key investment opportunity for its
next owner. Walk to the harbor in literally minutes
and enjoy all Camden has to offer!

Listing Agent

Aaron Crossman

Legacy Properties Sotheby's International Realty Listed on: 08/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,887

Year Built

  • Built in 1876

Lot Details

  • 0.25 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • 11,691 Sq Ft Home
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vertical Siding
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • No Driveway
  • Off-Site Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Gas Water Heater
  • Oil Water Heater

Additional Features

  • Nearby Water Access

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number CAMD- 000119- 000142

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Operating Expense $43,000
  • Gross Income $227,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,887

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 11691.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1876
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 13.0
  • Property Information:SqFt Finished Above Grade: 11691.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 12
  • Income Expenses Gross Income: 227196.0
  • Income Expenses Operating Expenses: 43000.0
  • Location:Near Public Beach: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Parking:Off Site: Yes
  • Driveway:No Driveway: Yes
  • Water Heater:Oil2: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Foundation Materials:Granite2: Yes
  • Exterior:Vertical Siding: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Sump Pump, Unfinished
  • Full Bathrooms: 10
  • Half Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Vertical Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, Off Site

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: CAMD- 000119- 000142
  • Zoning: B-1

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 227196.0
  • Annual Operating Expense: 43000.0

Tax Info

  • Tax Annual Amount: 11887.0
  • Tax Book Number: 6217
  • Tax Lot: 142
  • Tax Map Number: 119
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,887 $1,132,100 $347,500 $784,600
2023 $10,887 $788,900 $254,400 $534,500
2022 $10,413 $788,900 $254,400 $534,500
2021 $11,193 $729,200 $215,700 $513,500
2020 $10,960 $729,200 $215,700 $513,500
2019 $10,872 $729,200 $215,700 $513,500
2018 $10,850 $729,200 $215,700 $513,500
2017 $10,486 $729,200 $215,700 $513,500
2016 $11,900 $763,300 $211,700 $551,600
2015 $11,549 $763,300 $211,700 $551,600
2014 $11,014 $763,300 $211,700 $551,600
2013 $10,717 $763,300 $211,700 $551,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $2,225,000 +98.7% $190 / Sq Ft
10/14/2021 10/14/21 Sold $1,120,000 -6.7% $119 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $1,200,000 -- $127 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $840,000 Purchase Money Mortgage
Previous Owner $250,000 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1635967

Maine Listings

APN: CAMD-000119-000142