Multi-Unit Income
147-151 Dirigo Road China, ME 04358
For Sale
$849,900
Four income-producing units sit on one compound, including a ranch home, a garage apartment above, and a separate two-unit building.
Property Size2,806 SF
Price / SF$302.89
Days on Market16
Property Features for 147-151 Dirigo Road
General Information
- Standard status
- Active
- Size
- 2,806 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1963
Listing Agency:
Brookewood Realty
(207) 620-8212
Listed By:
William Logan
(207) 620-8212
Source:
Compass
Added: Jul 8
Changed: Jul 22
Last Checked: Jul 23 at 9:40AM
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 Brookewood Realty
Investment Insights
Based on property information with market context.
This income-producing compound includes four rental units across multiple structures. The primary residence is a 3-bedroom ranch with a bright open floor plan, a living room featuring a fieldstone fireplace, an open kitchen with a large center island, a finished basement with laundry, and an attached two-car garage. The property also includes a four-bay garage with a spacious 3-bedroom apartment above.
In addition to the main ranch and the garage apartment, there is a separate two-unit building with one 2-bedroom apartment and one 1-bedroom apartment. Outdoor amenities include a private patio and an in-ground pool.
The overall configuration is designed to support multiple streams of rental income, with units distributed between the main residence, the apartment above the four-bay garage, and the separate two-unit structure.
In addition to the main ranch and the garage apartment, there is a separate two-unit building with one 2-bedroom apartment and one 1-bedroom apartment. Outdoor amenities include a private patio and an in-ground pool.
The overall configuration is designed to support multiple streams of rental income, with units distributed between the main residence, the apartment above the four-bay garage, and the separate two-unit structure.
Key Highlights
- Four income‑producing units on one compound: 3‑bedroom ranch, 3‑bedroom garage apartment above, plus separate 2‑unit building (1BR and 2BR)
- Main ranch features a bright open floor plan, large center island kitchen, and living room with fieldstone fireplace
- Finished full basement includes laundry, with slab and walk‑out access plus exterior entry
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 | $45.5k | $16.20 |
| − Vacancy | −$691 | −$0.25 |
| EGI | $44.8k | $15.95 |
| − OpEx | −$13.4k | −$4.79 |
| NOI | $31.3k | $11.17 |
2,806 SF · lease $16.20/SF/yr · vacancy 1.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.7K
$391.7K – $522.3K
NOI $31,336 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$390.5K
$341.7K – $455.6K
NOI $27,335 @ 7.0% cap · market cap 3.22%
Theoretical Best
Warehouse
$4.19M
$3.66M – $4.88M
NOI $293,040 @ 7.0% cap · market cap 34.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four income-producing units sit on one compound, including a ranch home, a garage apartment above, and a separate two-unit building.
Where is this quadplex located?
The property is located at 147-151 Dirigo Road China, ME.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Four income‑producing units on one compound: 3‑bedroom ranch, 3‑bedroom garage apartment above, plus separate 2‑unit building (1BR and 2BR); Main ranch features a bright open floor plan, large center island kitchen, and living room with fieldstone fireplace; Finished full basement includes laundry, with slab and walk‑out access plus exterior entry
