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$1,100,000 Just Listed
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Property Description
6-unit multifamily investment property, offering convenient access to downtown Freeport while located directly off US Route 1, minutes from I-295 Unit Mix: Two (2) 1 BR units & four (4) 2 BR units (separately metered electric) Recent improvements include insulation in attic, basement, & utility rooms, two (2) Brancato boilers, a water filtration system, rewired service panel on exterior/interiors for each unit, and new decks.
Full Property Details
Full Property Details for 1294 US-1
General
- Price: $1,100,000
- Taxes: $6,429 (2026)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1671591
- Updated: Today (7/13/2026)
- Added to Site: Today
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Common, Gravel, 5 - 10 Spaces, On-Site Parking
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Propane, Forced Air
Utilities
- Sewer: Septic Tank
- Water: Private
Structural Information
- Architectural Style: Other
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Not Applicable, None
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 4,855
- Finished Total: 4,855 Sq. Ft.
- Finished Above Grnd: 4,855 Sq. Ft.
- Year Built: 1940
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,136
- Zoning: MDB
- Lot Description: Near Shopping, Near Turnpike/Interstate, Near Town, Level
Financial Considerations
- Operating Expenses: $38,340.93
- Tax Amount: $6,429.17
- Tax Year: 2026
Disclosures and Reports
- Lot Number: 43
Listed by The Boulos Company (207) 772-1333
Get Pre-Approved Today
Schools
Schools serving 1294 US-1
School District:Regional School Unit 05
| Name | Grades | Distance |
|---|---|---|
Mast Landing School 20 Mollymauk Lane, Freeport, ME 04032 | 3-5 | 1.8 mi |
Morse Street School 21 Morse Street, Freeport, ME 04032 | PK-2 | 2 mi |
Freeport Middle School 19 Kendall Lane, Freeport, ME 04032 | 6-8 | 1.6 mi |
Freeport High School 30 Holbrook Street, Freeport, ME 04032 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1294 US-1
Date
Details
Price
Change
Source
7/13/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1294 US-1
1294 U.S. 1, Freeport, ME 04032 (MLS# 1671591) is a Multi-Family property with 6 units containing 0 bedrooms and 6 full bathrooms. 1294 U.S. 1 is currently listed for $1,100,000 and was received on July 13, 2026. Want to learn more about 1294 U.S. 1? Do you have questions about finding other Multi-Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

