Multi-Unit Residential Income
147-151 Dirigo Road China, ME 04358
New
147-151 Dirigo Road, China, ME, 04358
$849,900
For Sale
$849,900
MULTI_FAMILY - Colonial, Ranch - China, ME
Property Size2,806 SF
Lot Size6.00 Acres
Price / SF$302.89
Days on Market3
Property Features for 147-151 Dirigo Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Rural
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Basement, Bathroom 5
- Pets allowed
- No
- Interior features
- 1st Floor Bedroom
- Basement
- Walk-Out Access, Finished, Full
- Standard status
- Active
- Size
- 2,806 SF
- Lot size
- 6.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7536
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Baseboard, Oil, Hot Water(Heating)
- Water source
- Private, Well
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Wood, Tile
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Colonial, Ranch
Listing Agency
Brookewood Realty
(207) 620-8212
747 Western Avenue, Manchester, ME
Listed by
William Logan
(207) 620-8212
Added: Jul 14 Checked: Jul 16 at 4:06 pm
MLS# 1671757
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.
Investment Insights
Based on property information with market context.
This residential income property consists of four income-producing units on one site. The main residence is a ranch-style home with three bedrooms and features an open floor plan, a living room with a fieldstone fireplace, and an open kitchen with a large center island. A finished basement includes laundry, and the home has an attached two-car garage. Additional improvements include a four-bay garage with a three-bedroom apartment above, as well as a separate two-unit building with one two-bedroom apartment and one one-bedroom apartment.
The property is located on Dirigo Road in China, Maine, with a total lot size of about 6 acres. Outdoor amenities include a private patio and an in-ground pool.
Overall, the configuration offers multiple independent living units across the main ranch home, the apartment above the four-bay garage, and the separate two-unit building, creating a diversified on-site rental setup.
The property is located on Dirigo Road in China, Maine, with a total lot size of about 6 acres. Outdoor amenities include a private patio and an in-ground pool.
Overall, the configuration offers multiple independent living units across the main ranch home, the apartment above the four-bay garage, and the separate two-unit building, creating a diversified on-site rental setup.
Key Highlights
- Four income‑producing units on one property in China, Maine: a main ranch, a 3‑bedroom apartment above a four‑bay garage, and a separate 2‑unit building.
- Main home is a 3‑bedroom ranch with an attached 2‑car garage, bright open floor plan, and a living room with fieldstone fireplace.
- Finished basement includes laundry, plus a 1st floor bedroom.
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 | $45.5k | $16.20 |
| − Vacancy | −$691 | −$0.25 |
| EGI | $44.8k | $15.95 |
| − OpEx | −$13.4k | −$4.79 |
| NOI | $31.3k | $11.17 |
2,806 SF · lease $16.20/SF/yr · vacancy 1.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.7K
$391.7K – $522.3K
NOI $31,336 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$390.5K
$341.7K – $455.6K
NOI $27,335 @ 7.0% cap · market cap 3.22%
Theoretical Best
Warehouse
$4.19M
$3.66M – $4.88M
NOI $293,040 @ 7.0% cap · market cap 34.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four rental units are set on one property in China, Maine, including a ranch home with attached two-car garage.
Where is this quadplex located?
The property is located at 147-151 Dirigo Road China, ME.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Four income‑producing units on one property in China, Maine: a main ranch, a 3‑bedroom apartment above a four‑bay garage, and a separate 2‑unit building.; Main home is a 3‑bedroom ranch with an attached 2‑car garage, bright open floor plan, and a living room with fieldstone fireplace.; Finished basement includes laundry, plus a 1st floor bedroom.
