4-Unit Multifamily
For Sale
$499,500
3 Marcoux Street, Winslow, ME 04901
Four residences include secure storage and individual outdoor seating areas.
Property Size3,328 SF
Price / SF$150.09
Days on Market178
Property Features for 3 Marcoux Street
General Information
Standard status
Active
Size
3,328 SF
Property subtype
Multi Family Home
Zoning
MU
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$3,140
Amenities
outdoor seating areas
BBQ spaces
picnic tables
umbrellas
secure storage
Building Details
Building Size
3,328 SF
Year Built
1985
Stories
2
Units
4
Listed By:
Dan Amero
(207) 762-8053
Source:
Amerorealty
Added: Apr 29
Changed: Oct 22
Last Checked: Oct 22 at 2:17PM
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 Dan Amero
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4-unit multifamily property contains 3,328 square feet and was built in 1985. A replacement roof was installed in November 2024, and three units received updates to appliances, countertops, flooring, carpets, paint, bathroom fixtures, and lighting.
Each residence has an outdoor seating area with a BBQ space, picnic table, and umbrella, along with access to secure storage. The property is zoned MU.
Each residence has an outdoor seating area with a BBQ space, picnic table, and umbrella, along with access to secure storage. The property is zoned MU.
Key Highlights
- Four units totaling 3,328 square feet
- Roof replaced in November 2024
- Three units updated with appliances, countertops, flooring, carpets, paint, bathroom fixtures, and lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,166
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,320
$743.3K
Cap Rate 7%
$530,943
$530.9K
Cap Rate 9%
$412,956
$413.0K
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$53.9K $16.20/SF
− Vacancy
−$819 −$0.25/SF
EGI
$53.1K $15.95/SF
− OpEx
−$15.9K −$4.79/SF
NOI
$37.2K $11.17/SF
Area
Kennebec County, ME
Vacancy
1.52%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,320
Cap Rate 7%
$530,943
Cap Rate 9%
$412,956
Alternative Uses
Best Use
Multifamily LT 5
$530.9K
$464.6K – $619.4K
NOI $37,166 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$463.1K
$405.3K – $540.3K
NOI $32,420 @ 7.0% cap · market cap 6.49%
Theoretical Best
Warehouse
$4.97M
$4.34M – $5.79M
NOI $347,554 @ 7.0% cap · market cap 69.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 04901, ME
26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences include secure storage and individual outdoor seating areas.
Where is this quadplex located?
The property is located at 3 Marcoux Street Winslow, ME.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Four units totaling 3,328 square feet; Roof replaced in November 2024; Three units updated with appliances, countertops, flooring, carpets, paint, bathroom fixtures, and lighting
