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10-Unit Multifamily Property
For Sale
Contact for pricing
Pending

319 & 335 Southgate Rd, Old Town, ME 04468

Five duplexes provide tenant-paid electric and heat in a rural setting with interstate access.

Property SizeContact for details
Lot Size34.00 Acres
Days on Market145

Property Features for 319 & 335 Southgate Rd

General Information

Standard status Pending
Lot size 34.00 Acres
Property subtype Retail, Office

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Gross Income $83,704
Multifamily Units 10

Building Details

Buildings 5
Listing Agency: ERA Dawson-Bradford Co., Realtors
Listed By: John Birmingham · License #BA920488
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Sep 1 at 12:53AM

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 ERA Dawson-Bradford Co., Realtors

Investment Insights

Based on property information with market context.

This multifamily property consists of 10 units arranged across 5 duplexes, with all units constructed since 2003. Each unit has separate electric and heat sources, with those expenses paid by the tenant. Private water and sewer serve the property, supporting a distinct utility setup for the units.

The property occupies 34 acres in a rural setting. Its location provides access to the interstate and the University of Maine, while the acreage offers substantial land surrounding the existing duplexes.

Key Highlights

  • 10 units across 5 duplexes
  • All units constructed since 2003
  • Separate electric and heat sources paid by tenants

Property Analytics

Current Use

Duplexes

Lease Details

10
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 04468, ME

8,801
Population
4,664
Households
1.9
Avg Household Size
38
Median Age
33%
College-Educated
96%
High-School Grad
122.8 sq mi
ZIP Area
72
Density / Sq Mi
$51,063
Median Household Income
$36,005
Median Earnings
$980
Median Rent
$182,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Five duplexes provide tenant-paid electric and heat in a rural setting with interstate access.
Where is this multifamily property located?
The property is located at 319 & 335 Southgate Rd Old Town, ME.
What are key features of this property?
This property features: 10 units across 5 duplexes; All units constructed since 2003; Separate electric and heat sources paid by tenants
(207) 947-3363 Call to check price and availability
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