Duplex with Detached
12 Seventeenth Street, Auburn, ME 04210
For Sale
$400,000
The vacant first-floor unit includes a gas fireplace and maple hardwood floors.
Property Size2,600 SF
Price / SF$153.85
Days on Market73
Property Features for 12 Seventeenth Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
laundry hook ups
Building Details
Building Size
Year Built
Listing Agency:
Maine Real Estate Pros
Listed By:
Stephen Morgan
(207) 754-2773
Source:
Hoangrealty
Added: Aug 29
Changed: Nov 8
Last Checked: Nov 9 at 3:35PM
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 Maine Real Estate Pros
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1947, this 2,600-square-foot duplex contains 13 rooms, 7 bedrooms, and 3.5 baths, with an additional full bath in the basement. The first-floor unit is vacant and has a gas fireplace with a heat-o-later; maple hardwood floors are found in the building. Part of the basement has been finished, and laundry connections are available in three basement locations and upstairs. The property also includes a detached oversized two-car garage with storage above, a recently paved driveway, landscaped garden areas, and several outbuildings.
Natural gas serves the property. Tenants pay for heat, hot water, and electricity.
Natural gas serves the property. Tenants pay for heat, hot water, and electricity.
Key Highlights
- 2,600 square feet with 13 rooms, 7 bedrooms, and 3.5 baths, plus a full basement bath
- Vacant first‑floor unit with gas fireplace and heat‑o‑later
- Three basement laundry hookups and one upstairs hookup
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,644
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,880
$512.9K
Cap Rate 7%
$366,343
$366.3K
Cap Rate 9%
$284,933
$284.9K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$37.1K $14.28/SF
− Vacancy
−$494 −$0.19/SF
EGI
$36.6K $14.09/SF
− OpEx
−$11.0K −$4.23/SF
NOI
$25.6K $9.86/SF
Area
Androscoggin County, ME
Vacancy
1.33%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,880
Cap Rate 7%
$366,343
Cap Rate 9%
$284,933
Alternative Uses
Best Use
Multifamily LT 5
$366.3K
$320.6K – $427.4K
NOI $25,644 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$348.1K
$304.6K – $406.1K
NOI $24,364 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$808.6K
$707.6K – $943.4K
NOI $56,605 @ 7.0% cap · market cap 14.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Auburn, ME
Properties on Market for Duplexes in Auburn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant first-floor unit includes a gas fireplace and maple hardwood floors.
Where is this duplex located?
The property is located at 12 Seventeenth Street Auburn, ME.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,600 square feet with 13 rooms, 7 bedrooms, and 3.5 baths, plus a full basement bath; Vacant first‑floor unit with gas fireplace and heat‑o‑later; Three basement laundry hookups and one upstairs hookup
