Two-Unit
14 Swan Street, Augusta, ME 04330
For Sale
$275,000
The two-unit configuration allows for separate residential occupancy.
Property Size1,954 SF
Price / SF$140.74
Days on Market216
Property Features for 14 Swan Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Tim Dunham Realty
(207) 729-7297
Listed By:
Amber Riendeau
(207) 419-5548
Source:
Integrityhomesrealestategroup
Added: Apr 9
Changed: Nov 9
Last Checked: Nov 9 at 7:36PM
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 Tim Dunham Realty
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Investment Insights
Based on property information with market context.
This duplex contains two residential units and was built in 1900. The property is zoned KBD2.
The setting is near downtown Augusta, with shopping, restaurants, and local services in the surrounding area.
The setting is near downtown Augusta, with shopping, restaurants, and local services in the surrounding area.
Key Highlights
- Two residential units
- Built in 1900
- Zoned KBD2
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,822
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,440
$436.4K
Cap Rate 7%
$311,743
$311.7K
Cap Rate 9%
$242,467
$242.5K
Market Conditions
NOI Build-Up for 1,954 SF
Gross rent
$31.7K $16.20/SF
− Vacancy
−$481 −$0.25/SF
EGI
$31.2K $15.95/SF
− OpEx
−$9.4K −$4.79/SF
NOI
$21.8K $11.17/SF
Area
Kennebec County, ME
Vacancy
1.52%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,440
Cap Rate 7%
$311,743
Cap Rate 9%
$242,467
Alternative Uses
Best Use
Multifamily LT 5
$311.7K
$272.8K – $363.7K
NOI $21,822 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$271.9K
$237.9K – $317.3K
NOI $19,035 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$555.4K
$485.9K – $647.9K
NOI $38,875 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,397
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
$197,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Kennebec County, ME
Properties on Market for Duplexes in Kennebec County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit configuration allows for separate residential occupancy.
Where is this duplex located?
The property is located at 14 Swan Street Augusta, ME.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two residential units; Built in 1900; Zoned KBD2
