REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jeffrey Jolicoeur

jjolicoeur@surette-realestate.com +1(207) 649-6893

Listed by Kirstie Ransdell Keller Williams Realty

$ 599,900

Est. payment -/mo

Save

New

25 High ST Newcastle, ME 04553

3 Baths

3,916 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,916 sqft

Price per Sqft $153

MLS Listing ID 1678992

Style Duplex

Full Baths 3

HOA Y/N No

Year Built 1900

Tax Year 2025

Lot Size 0.410 Acres

Acres 0.41

Source Maine Listings

Land Area 3916

Property Description

Historic Newcastle Opportunity with Income & Expansion Potential! Built in the early 1900s and located in the heart of intown Newcastle, this spacious property is ready for its next chapter. Offering approximately 4 bedrooms and 2 bathrooms in the main residence plus a separately metered third-floor apartment with its own private entrance, this property presents a rare opportunity for homeowners, investors, contractors, or anyone looking to build equity through renovation. The property's size and existing layout may also offer potential for reconfiguration or conversion into additional residential units, subject to municipal approvals, permitting, and applicable code requirements—creating an intriguing opportunity for an investor looking to maximize the property's income-producing potential. Major improvements have already been completed, including a new roof, refinished wood floors, and all new replacement windows, allowing the next owner to focus on restoring and customizing the interior. The separate apartment provides an exceptional advantage—it can serve as temporary living quarters while renovating the main home or continue as an income-producing rental after the project is complete. Conveniently located just a few blocks from downtown Newcastle and neighboring Damariscotta's restaurants, shops, library, waterfront, and local amenities, this property offers endless possibilities—from creating a beautiful in-town residence with supplemental rental income to exploring a larger multi-unit investment configuration. Kitchen design available, recent passing septic inspection available, and a quote is available for connection to public sewer if desired. The property is eligible for a variety of financing options, including FHA, Conventional, and FHA 203(k) renovation financing. See also MLS 1678986

Location

State ME

County Lincoln

Zoning Village Residential

Direction From Main Street in Newcastle take Academy Hill approx 1/10 of a mile and take a left on High Street. Home is at the end on the right.

Rooms

Basement Bulkhead, Interior Entry, Full, Unfinished

Interior

Interior Features Attic, Bathtub, Storage

Heating Gas Bottled, Baseboard, Direct Vent Heater

Cooling None

Flooring Carpet, Wood

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Paved, 5 - 10 Spaces, On Site, Inside Entrance

Garage Spaces 1.0

Waterfront Description Nearby,Public

Roof Type Metal

Porch Deck, Porch

Garage Yes

Building

Lot Description Intown, Near Shopping, Neighborhood, Level, Open Lot, Wooded

Story 3

Foundation Stone, Brick/Mortar

Water Public

Architectural Style New Englander

Level or Stories 3

Others

Tax ID NEWC-000012-000000-000014

Special Listing Condition Real Estate Owned

Jeffrey Jolicoeur

Team Leader, Broker BR916783

+1(207) 649-6893

Jeffrey Jolicoeur

25 High ST Newcastle, ME 04553

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

25 High ST