32 Ossipee Trail W Standish, ME 04084
MULTI_FAMILY - Other - Standish, ME
Property Features for 32 Ossipee Trail W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- SCD
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bathroom 1
- Basement
- Dirt Floor, Sump Pump, Unfinished, Full
- Standard status
- Active
- Size
- 2,154 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4297
Utilities
- Sewer type
- Septic Tank, Private Sewer
- Heating system
- Oil, Forced Air, Propane (Heating)
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jennifer Allen (207) 749-6172
Listing office Regency Realty Group 27 Gorham Road Suite 230, South Portland, ME (207) 450-7653
Listing date Jul 13, 2026
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.
The property is located at 32 Ossipee Trail W in Standish, Maine, in Cumberland County. Zoning is listed as SCD.
With both units configured similarly, the building lends itself to an owner-occupant scenario or an income-focused setup, depending on the buyer’s goals. Current details indicate convenient proximity to local amenities, schools, and outdoor recreation, including Sebago Lake.
Key Highlights
- Two‑unit property with each unit featuring a 2‑bedroom, 1‑bath layout
- Year built: 1960
- Public water with private sewer via septic tank
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 | $58.2k | $27.00 |
| − Vacancy | −$3.8k | −$1.76 |
| EGI | $54.4k | $25.25 |
| − OpEx | −$16.3k | −$7.57 |
| NOI | $38.1k | $17.67 |