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12-14 High St
Houlton, ME 04730

$125,000 USD

Multifamily For Sale  •  4,560 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 4,560 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 19.00 %
0 Transit Score
72 Walk Score

Highlights

Pivot to High-Density Site Development: From renovation to a ground-up development project.
HIGHEST AND BEST USE (HBU): Maximum productivity of Monolithic Dome structures.
INDESRUCTIBLE ASSET CLASS: Proposed Monolithic Dome build is fire-proof, storm-proof, and decay-proof—ideal for a site with a fire history.
ENERGY EFFICIENCY LEADER: Concrete thermal mass reduces heating/cooling costs by 50–70%, a critical ROI driver in the Houlton market.
DEMO COMMENCED: FRONT HOME DEMOLISHED Structural removal is underway to provide a clean slate for the dome foundations.
Walkable Location Near Downtown Houlton

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $23,792 USD (2025)
Cap Rate: 19.00 %
Total Expenses: $25,204 USD
Dawn Closson 605-223-1017 Songs for Centuries Studios
Dawn Closson 605-223-1017 Songs for Centuries Studios