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Updated Duplex with Barn Storage

1306 Long Plains Road Buxton, ME 04093

1306 Long Plains Road, Buxton, ME, 04093
$710,000
For Sale
$710,000

Two-unit residential property with updated interiors and a large barn area for equipment storage.

Property Size2,500 SF
Lot Size6.25 Acres
Price / SF$284
Days on Market177

Property Features for 1306 Long Plains Road

General Information

Standard status
Active
Size
2,500 SF
Lot size
6.25 Acres
Property subtype
Multi-Family

Building Details

Year Built
1880
Listing agency Keller Williams Realty
Listed by Anne-Marie Mckenzie
Source Compass
Added: Jan 26 Updated: Jul 21 at 7:55PM Checked: Jul 21 at 7:55PM

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 updated two-unit duplex includes two separate residences with one unit featuring four bedrooms and the other featuring three bedrooms. The property has been redone throughout, offering modern updates and low-maintenance living. A large barn space separates the two units and provides additional room suitable for equipment storage or similar use.

Set on 6.25 acres in Buxton, the property also includes a wide-open yard with outdoor space for day-to-day use and gatherings. Access is provided via 1306 Long Plains Road.

The duplex configuration and on-site barn area make the property suitable for an investor looking to offset expenses with rental income, or for a contractor/owner-occupant needing additional storage space.

Key Highlights

  • 2‑unit multi‑family home in Buxton on 6.25 acres
  • Unit mix: one 4‑bedroom unit and one 3‑bedroom unit
  • Large barn space between the two units for equipment storage (vehicle storage available)

Local 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 $63.6k $25.44
− Vacancy −$3.1k −$1.26
EGI $60.5k $24.18
− OpEx −$18.1k −$7.25
NOI $42.3k $16.93
2,500 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$604.6K
$529.0K – $705.4K (±1% cap)
NOI $42,321 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$551.9K
$483.0K – $643.9K (±1% cap)
NOI $38,636 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$792.5K
$693.4K – $924.6K (±1% cap)
NOI $55,474 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Electrical Service Building Supply Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Cafe & Coffee Shop Veterinary Clinic Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit residential property with updated interiors and a large barn area for equipment storage.
Where is this duplex located?
The property is located at 1306 Long Plains Road Buxton, ME.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 2‑unit multi‑family home in Buxton on 6.25 acres; Unit mix: one 4‑bedroom unit and one 3‑bedroom unit; Large barn space between the two units for equipment storage (vehicle storage available)
Contact an agent
More about this property
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