Residential Income Duplex
134 Ross Corner Road Shapleigh, ME 04076
New
For Sale
$1,100,000
MULTI_FAMILY - Contemporary, Colonial - Shapleigh, ME
Property Size5,220 SF
Lot Size24.90 Acres
Price / SF$210.73
Days on Market1
Property Features for 134 Ross Corner Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- GP-RP
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Basement
- Parking features
- Open, Heated, Underground/Basement
- Patio and Porch features
- Patio, Deck, Porch
- Interior features
- Walk-in Closets, In-Law Apartment, Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
- Basement
- Walk-Out Access, Full, Finished
- Standard status
- Active
- Size
- 5,220 SF
- Lot size
- 24.90 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6308
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Propane (Heating), Oil, Baseboard, Radiant, Heat Pump (Heating), Hot Water(Heating)
- Cooling system
- Heat Pump
- Water source
- Private, Well
- Water front features
- Stream
Building Details
- Year built
- 2002
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Hardwood, Wood, Tile - Ceramic, Laminate, Carpet
- Building materials
- Wood Frame, Vinyl Siding, Wood Siding
- Roof type
- Metal, Shingle
- Architectural style
- Colonial, Contemporary
- Additional Structures
- Storage, Outbuilding
Listing Agency:
Lakes Region Realty
(207) 636-2818
Listed By:
Nancy Wakefield
(207) 651-3716
Added: Jul 23
Last Checked: Jul 23 at 12:06PM
MLS# 1671842
Copyright © 2026 Maine Listings. 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.
This for-sale residential income property includes a 3-bedroom home with 2 full baths and 1 half bath, centered around a chef’s kitchen with granite and tile countertops, along with a copper farmhouse sink and an oversized island. The main level features a dining room that opens to a great room with a gas fireplace and mantel, plus 1st-floor wide plank pine flooring. A primary suite offers two walk-in closets and a private en-suite bath with a jetted tub, double vanity with marble countertops, and a separate shower room. Additional spaces include an exercise room and bonus room.
An attached one-bedroom apartment is accessible from the main home or through a private entrance, featuring custom cabinetry and an open-concept kitchen, living, and dining area. The apartment includes 1 full bath and 1 half bath, a bedroom with a walk-in closet, a parlor, and a three-season screened porch.
The lower level includes a heated one-car garage, workshop, utility area, and a convenient mudroom. Outside, the property also offers a detached 30' x 40' garage with an automotive lift, heat/AC, and storage space above, as well as landscaped grounds on 24.9 wooded acres that abut conservation land, with Norton Brook running through the back forest.
An attached one-bedroom apartment is accessible from the main home or through a private entrance, featuring custom cabinetry and an open-concept kitchen, living, and dining area. The apartment includes 1 full bath and 1 half bath, a bedroom with a walk-in closet, a parlor, and a three-season screened porch.
The lower level includes a heated one-car garage, workshop, utility area, and a convenient mudroom. Outside, the property also offers a detached 30' x 40' garage with an automotive lift, heat/AC, and storage space above, as well as landscaped grounds on 24.9 wooded acres that abut conservation land, with Norton Brook running through the back forest.
Key Highlights
- 3‑bedroom home with 1‑bedroom attached in‑law apartment (accessible from main home or separate private entrance)
- Set on 24.9 wooded acres abutting conservation land, with Norton Brook running through the back forest
- 30' x 40' detached garage with automotive lift, heat/AC, and storage space above
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 | $132.8k | $25.44 |
| − Vacancy | −$6.6k | −$1.26 |
| EGI | $126.2k | $24.18 |
| − OpEx | −$37.9k | −$7.25 |
| NOI | $88.4k | $16.93 |
5,220 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,366 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,671 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,830 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex-style property with a 3-bedroom main residence and an attached 1-bedroom apartment plus a detached garage.
Where is this duplex located?
The property is located at 134 Ross Corner Road Shapleigh, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3‑bedroom home with 1‑bedroom attached in‑law apartment (accessible from main home or separate private entrance); Set on 24.9 wooded acres abutting conservation land, with Norton Brook running through the back forest; 30' x 40' detached garage with automotive lift, heat/AC, and storage space above
