Three-Unit Residential Income
For Sale
$399,900
10 Maple Street, Augusta, ME 04330
Well-maintained three-unit building with separate heat and electric, in-unit laundry hookups, and a detached two-car garage.
Property Size2,844 SF
Price / SF$140.61
Days on Market18
Property Features for 10 Maple Street
General Information
Standard status
Active
Size
2,844 SF
Total Parking Spaces
2
Property subtype
Multi-family
Additional Details
Multifamily Units
3
Building Details
Year Built
1892
Stories
3
Tenancy
Multi
Listing Agency:
Keller Williams Realty
Listed By:
Steven Chicoine
(603) 866-2942
Source:
Profoundrealestate
Added: Jul 20
Changed: Jul 28
Last Checked: Jul 28 at 11:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This three-unit residential income building is in very good condition and designed for straightforward operation, with each unit paying its own heat and electric. Each unit also includes its own laundry hook up. The property includes a paved driveway and a detached two-car garage.
Unit 1 is a one-bedroom unit on the first floor and is currently vacant. It features high ceilings and a three-season porch. Unit 2 is a one-bedroom unit on the first floor that is currently rented and offers lots of natural light. Unit 3 is a larger three- to four-bedroom unit on the second floor, currently vacant, with a three-season porch.
In addition, the third floor includes two extra rooms that could be finished to create additional usable space. The building is located on a quiet dead-end street near amenities.
Unit 1 is a one-bedroom unit on the first floor and is currently vacant. It features high ceilings and a three-season porch. Unit 2 is a one-bedroom unit on the first floor that is currently rented and offers lots of natural light. Unit 3 is a larger three- to four-bedroom unit on the second floor, currently vacant, with a three-season porch.
In addition, the third floor includes two extra rooms that could be finished to create additional usable space. The building is located on a quiet dead-end street near amenities.
Key Highlights
- 3‑unit building built in 1892, well‑maintained and currently ready to operate
- Each unit has its own heat and electric for easy, separately metered living
- In‑unit laundry hookups included for each unit
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 | $46.1k | $16.20 |
| − Vacancy | −$700 | −$0.25 |
| EGI | $45.4k | $15.95 |
| − OpEx | −$13.6k | −$4.79 |
| NOI | $31.8k | $11.17 |
2,844 SF · lease $16.20/SF/yr · vacancy 1.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$453.7K
$397.0K – $529.4K
NOI $31,761 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$395.8K
$346.3K – $461.8K
NOI $27,705 @ 7.0% cap · market cap 6.93%
Theoretical Best
Warehouse
$4.24M
$3.71M – $4.95M
NOI $297,008 @ 7.0% cap · market cap 74.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
Explore this area
Business Placement
Demographics for 04330, ME
26,322
Population
13,017
Households
2
Avg Household Size
44
Median Age
28%
College-Educated
95%
High-School Grad
116.9 sq mi
ZIP Area
225
Density / Sq Mi
$55,158
Median Household Income
$43,177
Median Earnings
$912
Median Rent
$197,600
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 building with separate heat and electric, in-unit laundry hookups, and a detached two-car garage.
Where is this triplex located?
The property is located at 10 Maple Street Augusta, ME.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3‑unit building built in 1892, well‑maintained and currently ready to operate; Each unit has its own heat and electric for easy, separately metered living; In‑unit laundry hookups included for each unit
