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Three-Level Duplex with Deck
For Sale
$409,000

3 Echo Lane 3 & 5, Phippsburg, ME 04562

Two-bedroom residences provide a three-level layout within a two-unit property.

Property Size3,400 SF
Price / SF$120.29
Days on Market51

Property Features for 3 Echo Lane 3 & 5

General Information

Standard status Active
Size 3,400 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence need TLC

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Amenities

deck

Building Details

Year Built 1999
Listing Agency: Rob Williams Real Estate Brokers
Listed By: Frederic Rowe
Source: Aroostookrealestate
Added: Jul 12 Changed: Aug 29 Last Checked: Aug 30 at 8:07PM

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 Rob Williams Real Estate Brokers

Investment Insights

Based on property information with market context.

Built in 1999, this duplex contains two residences, each arranged across three levels with two bedrooms. The units share a 12' x 46' deck, while the property occupies more than one acre. Both interiors require TLC, including new paint and flooring.

Unit #3 is currently vacant, and Unit #5 is scheduled to be vacant July 1st. The property is near downtown Bath, BIW, Popham Beach, and Sebasco Resort. Its two-unit configuration also supports an owner-occupant arrangement with one residence available for rent, subject to the applicable terms and condition of the units.

Key Highlights

  • Two‑unit duplex with two bedrooms in each residence
  • Each unit spans 3 levels
  • Shared 12' x 46' deck

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 04562, ME

2,155
Population
1,694
Households
1.3
Avg Household Size
54
Median Age
38%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
75
Density / Sq Mi
$102,446
Median Household Income
$52,917
Median Earnings
$946
Median Rent
$335,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom residences provide a three-level layout within a two-unit property.
Where is this duplex located?
The property is located at 3 Echo Lane 3 & 5 Phippsburg, ME.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms in each residence; Each unit spans 3 levels; Shared 12' x 46' deck
More about this property
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