Triplex With Updated Heating
For Sale
$439,900
49 Hemlock Street, Sabattus, ME 04280
MULTI_FAMILY - Sabattus, ME
Property Size3,482 SF
Price / SF$126.34
Days on Market324
Property Features for 49 Hemlock Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Standard status
Active
Size
3,482 SF
Amenities
laundry hook-ups
generous yard
Building Details
Year built
1880
Listing Agency:
Auburn, Maine · Better Homes and Gardens Real Estate
(207) 782-8311
Listed By:
Roger Begin
(207) 370-0514
Added: Sep 17, 2025
Changed: Aug 1
Last Checked: Aug 6 at 8:06AM
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.
49 Hemlock Street, Sabattus, ME 04280. This well-maintained triplex was built in 1880 and totals 3,482 SF. The property features a spacious 4-bedroom unit, a 2-bedroom unit, and a 1-bedroom unit, offering varied layouts and an established rental history. Unit 2 is currently owner-occupied.
The home includes an updated heating system and laundry hook-ups. Residents can also rely on plenty of off-street parking, along with a generous yard. For daily convenience and commuting, the location provides convenient access to shopping and I-95, with Portland about 40 minutes away and Augusta about 30 minutes away. Outdoor recreation is nearby, with Sabattus Pond and a public boat launch and water access just around the corner.
The home includes an updated heating system and laundry hook-ups. Residents can also rely on plenty of off-street parking, along with a generous yard. For daily convenience and commuting, the location provides convenient access to shopping and I-95, with Portland about 40 minutes away and Augusta about 30 minutes away. Outdoor recreation is nearby, with Sabattus Pond and a public boat launch and water access just around the corner.
Key Highlights
- 4‑bedroom, 2‑bedroom, and 1‑bedroom triplex units with rental history
- Unit 2 is currently owner‑occupied
- Updated heating system plus laundry hook‑ups
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 04280, ME
6,674
Population
3,277
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
91%
High-School Grad
41.7 sq mi
ZIP Area
160
Density / Sq Mi
$63,250
Median Household Income
$41,900
Median Earnings
$1,029
Median Rent
$175,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-unit triplex with updated heating, laundry hook-ups, and off-street parking.
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: 4‑bedroom, 2‑bedroom, and 1‑bedroom triplex units with rental history; Unit 2 is currently owner‑occupied; Updated heating system plus laundry hook‑ups
