Historic Bath property with income and redevelopment potential. This notable property on a prominent 1.8-acre corner lot presents an opportunity to reposition a landmark residence. Its substantial size and flexible layout provide a strong foundation for restoration, adaptive reuse, or redevelopment. Originally built in the early 1800s by Captain Samuel Davis, the property was later redesigned by architect Francis Fassett. Over the years, it has served as the Bath Military and Naval Orphanage, the Bath Children's Home, the Patten Free Library, and most recently, a private residence. The offering includes approximately 17,285+ square feet, featuring a main house of 12,000+/- square feet along with a connected wing that currently includes income-producing units. Subject to city approval, the main house layout is configured to easily add two more apartments. Protective covenants permit potential future development of up to 13 dwelling units within the existing structure with the option to add one additional dwelling unit on the property, bringing the total to 14. They also allow for bed and breakfast use of the property. Additional features include an in-ground swimming pool, elevator, ample off-street parking, and space to reimagine the grounds and gardens. With its rich history, impressive scale, and prime location, this property represents a rare opportunity for the right buyer in one of Maine's most desirable coastal communities.
Take advantage of this rare chance to own a versatile duplex at 18-20 Heath Lane, a property that balances a solid rental history with an unbeatable location. Each unit features a functional layout with two bedrooms and one full bathroom, highlighted by classic hardwood floors and updated systems. Imagine the possibilities as you step from the kitchen onto your private deck to enjoy the backyard, or take a short stroll to Varnum Field right at the end of the road. With separate driveways for each side, parking is never an issue, making this a practical and attractive option for tenants and owner-occupants alike. The property is built for efficient management, as tenants pay their own heat to help keep your operating costs low. The location is a true standout, sitting just 1.5 miles from the heart of downtown Bath and the vibrant Linwood E. Temple Waterfront Park. From here, you can enjoy the scenic Kennebec River, public boat docks, and the popular Saturday Farmers' Market during the warmer months. With its close proximity to Bath Iron Works and a quick commute to Route 1 and Bowdoin College, the property is perfectly positioned to capture a strong local tenant base. Whether you are looking to expand your investment portfolio or move into one side and let the other work for you, this duplex offers the space and location to make it happen in the historic ''City of Ships.''
New opportunity for you. This fully furnished, tastefully appointed 4 plex is located in a perfect spot in charming Bath, Maine. Consisting of 2- one bedroom units on the lower level and 2- two bedroom, 2 bath units on the second level. Entry for 2 bedroom units is on the back of the building. These apartments are well appointed with all furnishings, linens, household items and appliances making these move in rentals. Off street parking for 4-6 vehicles on property.
Excellent investment opportunity with 5 UNITS all very well maintained. First building has 1 bedroom/one bath single floor layout and 4 townhouse style units with two bedrooms each on back part of lot with ample parking. All 4 townhouse units have washer/dryer hookups in a large utility closet. Each unit has backyard space plus a front lawn area for general use. All units have efficient direct-vent propane heaters, tenants pay all propane and electric costs, landlords currently pay water/sewer, trash service, plowing and landscaping. Close to town, walking distance to Shaw's, BIW, or historic downtown Bath. Easy to maintain with excellent ROI.


Bath is located in Maine. Bath, Maine has a population of 8,718. Bath is more family-centric than the surrounding county with 26.61% of the households containing married families with children. The county average for households married with children is 25.95%.
The median household income in Bath, Maine is $60,838. The median household income for the surrounding county is $73,343 compared to the national median of $69,021. The median age of people living in Bath is 42.2 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 10.5 degrees. The average rainfall is approximately 49.7 inches per year, with 66.3 inches of snow per year.