Duplex with Attached In-Law
160 Stone Road, Auburn, ME 04210
For Sale
$799,000
A separate attached living unit has its own kitchen, living area, laundry, and backyard-facing sunroom.
Property Size4,377 SF
Price / SF$182.55
Days on Market9
Property Features for 160 Stone Road
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Keller Williams Realty
Listed By:
Brian DuBois
(207) 344-3300
Source:
Profoundrealestate
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 6 at 9:53AM
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
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Investment Insights
Based on property information with market context.
At 160 Stone Road in Auburn, this duplex-style property includes a main residence and an attached, self-contained living unit. The main home has an open living, dining, and kitchen area beneath cathedral ceilings, plus a primary suite with a walk-in closet, double vanity, walk-in shower, and jacuzzi tub. A bonus room sits above the garage, and the lower level includes a partially finished recreation area and workshop.
The attached unit has its own kitchen, living area, laundry, and a sunroom facing the backyard. The 3.1-acre property also features front and rear porches, a platform deck, a covered grill area, a stone fire pit, orchard and garden spaces, and a detached garage with a carport and second-floor storage.
Built in 2004, the property has an attached three-car garage with an additional toy bay, a four-zone oil hot water heating system, heat pumps for cooling, central vacuum, a drilled well, and two leach fields.
The attached unit has its own kitchen, living area, laundry, and a sunroom facing the backyard. The 3.1-acre property also features front and rear porches, a platform deck, a covered grill area, a stone fire pit, orchard and garden spaces, and a detached garage with a carport and second-floor storage.
Built in 2004, the property has an attached three-car garage with an additional toy bay, a four-zone oil hot water heating system, heat pumps for cooling, central vacuum, a drilled well, and two leach fields.
Key Highlights
- 3.1‑acre property in Auburn
- Attached self‑contained unit with kitchen, living area, laundry, and sunroom
- Main residence includes an open living, dining, and kitchen area with cathedral ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,171
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,420
$863.4K
Cap Rate 7%
$616,729
$616.7K
Cap Rate 9%
$479,678
$479.7K
Market Conditions
NOI Build-Up for 4,377 SF
Gross rent
$62.5K $14.28/SF
− Vacancy
−$831 −$0.19/SF
EGI
$61.7K $14.09/SF
− OpEx
−$18.5K −$4.23/SF
NOI
$43.2K $9.86/SF
Area
Androscoggin County, ME
Vacancy
1.33%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,420
Cap Rate 7%
$616,729
Cap Rate 9%
$479,678
Alternative Uses
Best Use
Multifamily LT 5
$616.7K
$539.6K – $719.5K
NOI $43,171 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$586.0K
$512.7K – $683.6K
NOI $41,017 @ 7.0% cap · market cap 5.13%
Theoretical Best
Warehouse
$7.77M
$6.80M – $9.07M
NOI $544,172 @ 7.0% cap · market cap 68.11%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
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Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Auburn, ME
Properties on Market for Duplexes in Auburn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate attached living unit has its own kitchen, living area, laundry, and backyard-facing sunroom.
Where is this duplex located?
The property is located at 160 Stone Road Auburn, ME.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3.1‑acre property in Auburn; Attached self‑contained unit with kitchen, living area, laundry, and sunroom; Main residence includes an open living, dining, and kitchen area with cathedral ceilings
