Remodeled Two-Unit Mixed-Use
16 Dunlap Street Brunswick, ME 04011
16 Dunlap Street, Brunswick, ME, 04011
$648,000
For Sale
$648,000
Two fully remodeled two-bedroom units offer separate entries and one unit with heat-pump heating and cooling.
Property Size1,670 SF
Price / SF$388.02
Days on Market92
Property Features for 16 Dunlap Street
General Information
- Standard status
- Active
- Size
- 1,670 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
John Graham Real Estate
(207) 491-1660
Listed by
John Graham
(207) 491-1660
Source
Compass
Added: Apr 22 Updated: Jul 21 at 5:50PM Checked: Jul 21 at 5:50PM
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 John Graham Real Estate
Investment Insights
Based on property information with market context.
This remodeled two-unit property offers two bedroom units with updated finishes throughout. The front unit features a kitchen with brand-new stainless appliances, quartz countertops, and a dishwasher, stove, refrigerator, and microwave. The first floor also includes a spacious living room, a brand-new bathroom with a tiled shower, and a washer and dryer. Upstairs provides two bedrooms.
A second unit sits out back with a private entrance and one-level living. It features similar quality finishes and includes a new heat pump that provides heating and air conditioning. The units also have separate heating, electric, and hot water heaters.
The property is located in Downtown Brunswick and is described as being within Brunswicks GM6 zoning (Downtown), which the remarks indicate allows many uses. The listing notes neither unit has been rented yet, and the property is presented as ready to view.
A second unit sits out back with a private entrance and one-level living. It features similar quality finishes and includes a new heat pump that provides heating and air conditioning. The units also have separate heating, electric, and hot water heaters.
The property is located in Downtown Brunswick and is described as being within Brunswicks GM6 zoning (Downtown), which the remarks indicate allows many uses. The listing notes neither unit has been rented yet, and the property is presented as ready to view.
Key Highlights
- Two‑unit home in downtown Brunswick with 2‑bedroom units and separate entries
- Both units were completely remodeled and feature brand new finishes, including quartz countertops and stainless appliances
- Unit 2 includes a new heat pump for heat and air conditioning
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 | $45.1k | $27.00 |
| − Vacancy | −$2.9k | −$1.76 |
| EGI | $42.2k | $25.25 |
| − OpEx | −$12.6k | −$7.57 |
| NOI | $29.5k | $17.67 |
1,670 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$421.6K
$368.9K – $491.9K
NOI $29,511 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$392.2K
$343.2K – $457.6K
NOI $27,456 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$459.0K
$401.6K – $535.5K
NOI $32,130 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two fully remodeled two-bedroom units offer separate entries and one unit with heat-pump heating and cooling.
Where is this duplex located?
The property is located at 16 Dunlap Street Brunswick, ME.
What is the asking price?
The asking price for this property is $648,000.
What are key features of this property?
This property features: Two‑unit home in downtown Brunswick with 2‑bedroom units and separate entries; Both units were completely remodeled and feature brand new finishes, including quartz countertops and stainless appliances; Unit 2 includes a new heat pump for heat and air conditioning
