Building Details

Year Built 1880

Listing Agency: Keller Williams Realty

Listed By: Gerald Morin Show Phone

Source: Soldbymichaelthomas

Added: Jul 16 Changed: Oct 12 Last Checked: Oct 7 at 3:15PM

Report an Issue

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 duplex at 1306 Long Plains Rd in Buxton includes two residential units, with one configured for four bedrooms and the other for three. The units are divided by a large barn area that provides space for equipment and general storage. Much of the property has been updated, supporting lower-maintenance residential use while retaining the character of a structure built in 1880.

Set on 6.25 acres, the property includes an expansive yard suitable for outdoor activities, gardening, or additional storage needs. The combination of two separate living areas, barn space, and open land offers a flexible configuration for residential occupancy and contractor-related storage.

Key Highlights

• Two‑unit duplex with four‑bedroom and three‑bedroom residences
• 6.25‑acre property in Buxton, Maine
• Large barn positioned between the two residential units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$42,321

Cap Rate

7.44%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$846,420 $846.4K

Cap Rate 7%

$604,586 $604.6K

Cap Rate 9%

$470,233 $470.2K

Market Conditions

NOI Build-Up for 2,500 SF

Gross rent

$63.6K $25.44/SF

− Vacancy

−$3.1K −$1.26/SF

EGI

$60.5K $24.18/SF

− OpEx

−$18.1K −$7.25/SF

NOI

$42.3K $16.93/SF

Area

York County, ME

Vacancy

4.94%

Lease Rate

$25.44 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$846,420

Cap Rate 7%

$604,586

Cap Rate 9%

$470,233

Alternative Uses

Best Use

Multifamily LT 5

$604.6K

$529.0K – $705.4K (±1% cap)

NOI $42,321 @ 7.0% cap · market cap 7.44%

Second Best

Apartment 5plus

$551.9K

$483.0K – $643.9K (±1% cap)

NOI $38,636 @ 7.0% cap · market cap 6.79%

Theoretical Best

Office A

$792.5K

$693.4K – $924.6K (±1% cap)

NOI $55,474 @ 7.0% cap · market cap 9.75%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Storage Facility Bakery Big Box & Wholesale Store Cafe & Coffee Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Explore this area Business Placement

Demographics for 04093, ME

8,376

Population

3,906

Households

2.1

Avg Household Size

44

Median Age

31%

College-Educated

97%

High-School Grad

40.5 sq mi

ZIP Area

207

Density / Sq Mi

$85,208

Median Household Income

$53,628

Median Earnings

$1,413

Median Rent

$315,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Event Venue with Commercial Kitchen

62 Chicopee Road, Buxton, ME 04093

$895,000

9,392 SF

View details

Mixed-Use Property with Loading Dock

5963 59-63 Main St, Buxton, ME 04093

$1,350,000

22,581 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two residential units provide four- and three-bedroom layouts with substantial barn storage on a rural acreage property.

Where is this duplex located?

The property is located at 1306 Long Plains Rd Buxton, ME.

What is the asking price?

The asking price for this property is $569,000.

What are key features of this property?

This property features: Two‑unit duplex with four‑bedroom and three‑bedroom residences; 6.25‑acre property in Buxton, Maine; Large barn positioned between the two residential units