Two-Unit Duplex With Private
28 Bodwell Street Old Town, ME 04468
New
28 Bodwell Street, Old Town, ME, 04468
$250,000
For Sale
$250,000
MULTI_FAMILY - Colonial - Old Town, ME
Property Size1,552 SF
Lot Size0.08 Acres
Price / SF$161.08
Days on Market2
Property Features for 28 Bodwell Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 1, Bathroom 2
- Parking features
- Assigned
- Patio and Porch features
- Porch, Deck
- Interior features
- 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
- Basement
- Full, Unfinished
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 1,552 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3586
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Baseboard, Hot Water(Heating)
- Water source
- Public
- Water front features
- Stream
Building Details
- Year built
- 1890
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Tile, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Colonial
- Additional Structures
- Storage
Listing agency
EXP Realty
(888) 439-8743
Listed by
Jason Edwards
(207) 356-8206
Added: Jul 20 Checked: Jul 21 at 10:06AM
MLS# 1672598
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.
28 Bodwell Street is a well-maintained two-unit duplex in Old Town, with a first-floor and second-floor layout. The first-floor unit has 2–3 bedrooms and 1.5 bathrooms and is currently owner-occupied. The second-floor unit offers 1–2 bedrooms and 1 full bathroom and is currently rented.
Each unit has its own private entrance, dedicated parking area, and separate electrical meter. Tenants have heat and hot water included, and public sewer is provided. The property also includes a shared front porch, a small backyard, and an on-site storage shed.
The property is zoned R-2 and is situated in a convenient area near the University of Maine, downtown Old Town, shopping, restaurants, and local employers.
Each unit has its own private entrance, dedicated parking area, and separate electrical meter. Tenants have heat and hot water included, and public sewer is provided. The property also includes a shared front porch, a small backyard, and an on-site storage shed.
The property is zoned R-2 and is situated in a convenient area near the University of Maine, downtown Old Town, shopping, restaurants, and local employers.
Key Highlights
- Two‑unit property with separate private entrances and dedicated parking for each unit
- Separate electrical meters for each unit
- 1st‑floor unit includes 1.5 bathrooms and an accessible primary bedroom on the first floor with en‑suite bath
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 | $21.4k | $13.80 |
| − Vacancy | −$1.1k | −$0.71 |
| EGI | $20.3k | $13.09 |
| − OpEx | −$6.1k | −$3.93 |
| NOI | $14.2k | $9.16 |
1,552 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$203.2K
$177.8K – $237.1K
NOI $14,223 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$186.9K
$163.5K – $218.0K
NOI $13,082 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$501.3K
$438.6K – $584.8K
NOI $35,088 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-unit duplex with separate entrances, dedicated parking, and separate electrical metering.
Where is this duplex located?
The property is located at 28 Bodwell Street Old Town, ME.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit property with separate private entrances and dedicated parking for each unit; Separate electrical meters for each unit; 1st‑floor unit includes 1.5 bathrooms and an accessible primary bedroom on the first floor with en‑suite bath
