Three-Unit Multifamily
49 Hemlock Street Sabattus, ME 04280
For Sale
$439,900
MULTI_FAMILY - Sabattus, ME
Property Size3,482 SF
Price / SF$126.34
Days on Market311
Property Features for 49 Hemlock Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Attached
- Bathrooms
- 5
- Standard status
- Active
- Size
- 3,482 SF
Building Details
- Year built
- 1880
Listing Agency:
Auburn, Maine
(207) 782-8311
Listed By:
Roger Begin
(207) 370-0514
Added: Sep 17, 2025
Changed: Jul 23
Last Checked: Jul 24 at 4:06AM
MLS# 1637969
Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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 well-cared-for three-unit multifamily property includes a spacious four-bedroom unit, a two-bedroom unit, and a one-bedroom unit. Unit 2 is currently owner-occupied. The building has an updated heating system and laundry hook-ups, and it’s supported by plenty of off-street parking.
Set on a generous yard, the property offers convenient access to nearby shopping and I-95. Outdoor recreation is close by, with Sabattus Pond and a public boat launch and water access just around the corner.
Commuting times are noted at approximately 30 minutes to Augusta and 40 minutes to Portland, supporting everyday convenience for residents.
Set on a generous yard, the property offers convenient access to nearby shopping and I-95. Outdoor recreation is close by, with Sabattus Pond and a public boat launch and water access just around the corner.
Commuting times are noted at approximately 30 minutes to Augusta and 40 minutes to Portland, supporting everyday convenience for residents.
Key Highlights
- 1880‑built 3‑unit property with unit mix of a 4‑bedroom, 2‑bedroom, and 1‑bedroom unit
- Updated heating system
- Laundry hook‑ups included
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 | $49.7k | $14.28 |
| − Vacancy | −$661 | −$0.19 |
| EGI | $49.1k | $14.09 |
| − OpEx | −$14.7k | −$4.23 |
| NOI | $34.3k | $9.86 |
3,482 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$490.6K
$429.3K – $572.4K
NOI $34,343 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$466.1K
$407.9K – $543.8K
NOI $32,630 @ 7.0% cap · market cap 7.42%
Theoretical Best
Warehouse
$6.18M
$5.41M – $7.22M
NOI $432,901 @ 7.0% cap · market cap 98.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained three-unit with updated heating, laundry hook-ups, and multiple off-street parking spaces.
Where is this triplex located?
The property is located at 49 Hemlock Street Sabattus, ME.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 1880‑built 3‑unit property with unit mix of a 4‑bedroom, 2‑bedroom, and 1‑bedroom unit; Updated heating system; Laundry hook‑ups included
