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Two-Unit Residential Income Property

1306 Long Plains Road Buxton, ME 04093

1306 Long Plains Road, Buxton, ME, 04093
$615,900
For Sale
$615,900

MULTI_FAMILY - Buxton, ME

Property Size2,500 SF
Lot Size6.25 Acres
Price / SF$246.36
Days on Market10

Property Features for 1306 Long Plains Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
BUXTON
Bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Basement, Bathroom 1
Basement
Unfinished
Standard status
Active
Size
2,500 SF
Lot size
6.25 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
7378

Utilities

Sewer type
Private Sewer
Heating system
Oil, Baseboard, Propane (Heating)
Water source
Private

Building Details

Year built
1880
Number of units
2
Flooring type
Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Listing agency Keller Williams Realty
Listed by Mike Sahabo
Added: Jul 13 Checked: Jul 22 at 10:06AM
MLS# 1650719

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale two-unit residential income property in Buxton features two updated units and a large barn space between them. One unit includes four bedrooms, while the other includes three bedrooms. The home has been redone throughout in many areas, supporting a more modern, low-maintenance setup.

The property sits on 6.25 acres and includes a wide-open yard with ample outdoor space. A sizable barn area provides separation between the units and can be used for storage or other practical purposes, including contractor-related storage.

Both units offer separate bedroom counts—4 and 3—providing flexibility for different household sizes. The combination of updated interior areas, outdoor acreage, and barn space makes this property well suited for an owner-occupant or rental-focused setup.

Key Highlights

  • 2‑unit multi‑family home built in 1880 on 6.25 acres in Buxton
  • Unit mix: one 4‑bedroom unit and one 3‑bedroom unit
  • Between the units is a large barn space for storage or contractor use

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $63.6k $25.44
− Vacancy −$3.1k −$1.26
EGI $60.5k $24.18
− OpEx −$18.1k −$7.25
NOI $42.3k $16.93
2,500 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$604.6K
$529.0K – $705.4K (±1% cap)
NOI $42,321 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$551.9K
$483.0K – $643.9K (±1% cap)
NOI $38,636 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$792.5K
$693.4K – $924.6K (±1% cap)
NOI $55,474 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Electrical Service Building Supply Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Cafe & Coffee Shop Veterinary Clinic Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated duplex on 6.25 acres in Buxton, offering two rental units with 4 and 3 bedrooms.
Where is this duplex located?
The property is located at 1306 Long Plains Road Buxton, ME.
What is the asking price?
The asking price for this property is $615,900.
What are key features of this property?
This property features: 2‑unit multi‑family home built in 1880 on 6.25 acres in Buxton; Unit mix: one 4‑bedroom unit and one 3‑bedroom unit; Between the units is a large barn space for storage or contractor use
Contact an agent
More about this property
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