Side-by-Side Duplex with
1327 US-1, York, ME 03902
New
MULTI_FAMILY - Other - York, ME
Property size:
2,427 SFLot size:
0.95 AcresPrice / SF:
$309/SF- Added:
- Jun 2, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 2 at 6:06 pm
Property Features for 1327 US-1
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3
- Parking features
- Off Street
- Patio and Porch features
- Deck, Porch
- Interior features
- 1st Floor Bedroom, Shower
- Basement
- Crawl Space
- Standard status
- Active
- Size
- 2,427 SF
- Lot size
- 0.95 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5254
Utilities
- Sewer type
- Septic Tank, Private Sewer
- Heating system
- Hot Water(Heating), Baseboard, Oil
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Tile
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Robert Coles Jr. License #BR913240 (207) 604-0577
Listing office RE/MAX Realty One 439 US Route One, York, ME (207) 363-2497
Listing date Jun 2, 2026
MLS# 1664999
Listing URL
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.
HighLights
- Side‑by‑side duplex built in 1910, currently used as a rental property on US Route 1 in Cape Neddick
- Unit 1 offers a 2 3/4‑story layout with 3 bedrooms and 1.5 baths plus a finished attic area and modern kitchen
- Unit 2 is a two‑story layout with 3 bedrooms and 2 updated bathrooms, including new flooring
- Recent upgrades include a brand new rear deck, new granite exterior stairs, and a new left‑side heating system
- BRAND NEW 6‑bedroom septic system and private sewer, with public water
- Off‑street parking; flooring includes vinyl, carpet, and tile; heating includes oil hot water and baseboard
Overview
This classic side-by-side duplex, originally built in the early 1900s, is currently used as a rental property and has many updates already in place. The home presents two distinct, well-defined units designed to give tenants or an owner-occupant privacy while still functioning as a single property. Unit 1 features a 2¾-story layout with a modern kitchen, three bedrooms, 1.5 baths, and additional finished attic space. Unit 2 offers a two-story arrangement with three bedrooms and two recently updated bathrooms, along with rooms refreshed with new flooring.
The exterior improvements include a brand new rear deck, new granite exterior stairs, and updated landscaping. Additional system upgrades include a new left-side heating system and a brand new 6-bedroom septic system. The property sits on US Route 1 in York, placing it within minutes of the area’s beaches, dining, and coastal attractions.
For investors, the duplex configuration supports rental income from two separate units while keeping maintenance and ownership streamlined. For owner-occupants, the side-by-side design can feel more like a home, with the option to live in one unit and rent the other. With meaningful upgrades already completed and solid bones throughout, the property offers immediate usability alongside room to tailor finishes over time.
The exterior improvements include a brand new rear deck, new granite exterior stairs, and updated landscaping. Additional system upgrades include a new left-side heating system and a brand new 6-bedroom septic system. The property sits on US Route 1 in York, placing it within minutes of the area’s beaches, dining, and coastal attractions.
For investors, the duplex configuration supports rental income from two separate units while keeping maintenance and ownership streamlined. For owner-occupants, the side-by-side design can feel more like a home, with the option to live in one unit and rent the other. With meaningful upgrades already completed and solid bones throughout, the property offers immediate usability alongside room to tailor finishes over time.
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 | $61.7k | $25.44 |
| − Vacancy | −$3.1k | −$1.26 |
| EGI | $58.7k | $24.18 |
| − OpEx | −$17.6k | −$7.25 |
| NOI | $41.1k | $16.93 |
2,427 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$586.9K
$513.6K – $684.8K
NOI $41,085 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$535.8K
$468.9K – $625.1K
NOI $37,508 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$769.3K
$673.2K – $897.6K
NOI $53,854 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Maine
- Longitude
- -70.620604
- Latitude
- 43.196118
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Side-by-side duplex offers two rental-ready units with multiple recent upgrades and strong owner-occupant flexibility.
Where is this duplex located?
The property is located at 1327 US-1 York, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1910, currently used as a rental property on US Route 1 in Cape Neddick; Unit 1 offers a 2 3/4‑story layout with 3 bedrooms and 1.5 baths plus a finished attic area and modern kitchen; Unit 2 is a two‑story layout with 3 bedrooms and 2 updated bathrooms, including new flooring
