Two-Unit Duplex with Separate
22 Thompson Street Sanford, ME 04073
22 Thompson Street, Sanford, ME, 04073
$289,900
For Sale
$289,900
MULTI_FAMILY - Other - Sanford, ME
Property Size1,296 SF
Lot Size0.08 Acres
Price / SF$223.69
Days on Market8
Property Features for 22 Thompson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- U
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1
- Interior features
- 1st Floor Bedroom
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 1,296 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2868
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Electric (Heating), Baseboard, Kerosene, Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Century 21 North East
(800) 844-7653
Listed by
Brian Samia Gary Samia
(207) 200-1388
Added: Jul 15 Checked: Jul 22 at 4:06PM
MLS# 1661027
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 duplex offers two 1-bedroom units with similar layouts, including a living room, kitchen, and full bath. Each unit has separate electricity, heating, and hot water systems, supporting independent utility management. A full basement provides laundry hookups, and the property also includes paved off-street parking. New hardscaping adds curb appeal at the exterior.
The home is located at 22 Thompson Street in Sanford, Maine (York County), within zoning designated as U.
With two self-contained units and separate utilities, the property is well suited for an owner-occupant or an investor seeking a straightforward rental setup in a practical, maintainable configuration.
The home is located at 22 Thompson Street in Sanford, Maine (York County), within zoning designated as U.
With two self-contained units and separate utilities, the property is well suited for an owner-occupant or an investor seeking a straightforward rental setup in a practical, maintainable configuration.
Key Highlights
- Duplex with two 1‑bedroom units and separate utilities
- Each unit has its own electricity, heating, and hot water systems
- Full basement with laundry hookups
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 | $33.0k | $25.44 |
| − Vacancy | −$1.6k | −$1.26 |
| EGI | $31.3k | $24.18 |
| − OpEx | −$9.4k | −$7.25 |
| NOI | $21.9k | $16.93 |
1,296 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.4K
$274.2K – $365.7K
NOI $21,939 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$286.1K
$250.4K – $333.8K
NOI $20,029 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$410.8K
$359.5K – $479.3K
NOI $28,758 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two 1-bedroom units, each served by separate electricity, heating, and hot water systems.
Where is this duplex located?
The property is located at 22 Thompson Street Sanford, ME.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Duplex with two 1‑bedroom units and separate utilities; Each unit has its own electricity, heating, and hot water systems; Full basement with laundry hookups
