34 6th Street, Old Town, ME 04468
Residential Multi Family, Other - Old Town, ME
- Added:
- May 15, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 7 at 2:06 am
Property Features for 34 6th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent Flori Davis License #BA920326,PersonLicenseNumber (207) 852-4597
Listing office NextHome Experience 57 Washington St., ME (207) 573-7400
Listing date May 15, 2026
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- True townhouse‑style duplex with over 2,700 SF combined living space
- Recently remodeled with fresh paint, updated appliances, and newer heating systems
- Brand‑new dedicated electric water heaters for each unit
- Each unit has washer and dryer hookups and separate utilities
- Paved driveway with dedicated parking for tenants on both sides
- Unit mix: one unit with 3 bedrooms and 1 full bathroom; second unit with 2 large upstairs bedrooms plus generous living space below
Overview
The property sits on a quiet street in Old Town and is described as being minutes from the University of Maine and Hannaford Plaza, with access to local restaurants and everyday amenities. A paved driveway provides dedicated parking for tenants on both sides.
From a tenant or owner-occupant perspective, the duplex configuration supports flexible living and renting options while maintaining practical separation between units through dedicated systems and utilities. The home also benefits from its updated mechanicals and finishes, and it includes a long-standing rental history. It may fit buyers seeking an owner-occupied setup or an income-producing multifamily asset with clear unit separation and dedicated parking.
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 | $37.3k | $13.80 |
| − Vacancy | −$1.9k | −$0.71 |
| EGI | $35.3k | $13.09 |
| − OpEx | −$10.6k | −$3.93 |
| NOI | $24.7k | $9.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Old Town
- County
- Penobscot
- State
- Maine
- Longitude
- -68.6508255
- Latitude
- 44.9321747
