Condo Investment Properties for Sale in Maine

Listed for sale 1 day ago
$ 350,000
ROI
20.4
Cash Flow/m
60- 2 Bed
- 1 Bath
- 816 sft
310 Hill Street #10, Biddeford, ME, 04005

Listed for sale 1 day ago
$ 895,000
ROI
25.0
Cash Flow/m
1220- 4 Bed
- 5 Bath
- 2968 sft
12 Waxwing Lane #49, Falmouth, ME, 04105

Listed for sale 1 day ago
$ 177,900
ROI
19.9
Cash Flow/m
7- 2 Bed
- 2 Bath
- 1365 sft
1257 US-2 #23, Rumford, ME, 04276

Listed for sale 3 days ago
$ 349,900
ROI
22.1
Cash Flow/m
232- 1 Bed
- 1 Bath
- 540 sft
2 Thistle Drive #2, Gorham, ME, 04038
Why Invest in Maine?
Maine condo investments offer steady rental yields in a state with growing tourism and retiree appeal. Investors benefit from cap rates around 6-8% and annual appreciation of 4-5%. Rental demand remains strong due to seasonal visitors and remote workers. Average rents for condos hover at $1,500 monthly, with high renter occupancy at 92%. Cash flow potential is solid in coastal areas with low vacancy rates.
7.5%
Avg. ROI
5.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Maine condos provide reliable cash flow from tourism and retirees. With 6% cap rates and 92% occupancy, they offer stability. Proximity to beaches boosts appreciation potential.
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