Two-Unit Residential Income
32 Ossipee Trail W Standish, ME 04084
For Sale
$480,000
Two separate units each offer two bedrooms and one bathroom in a duplex sold as-is.
Property Size2,154 SF
Price / SF$222.84
Days on Market31
Property Features for 32 Ossipee Trail W
General Information
Standard status
Active
Size
2,154 SF
Property subtype
Multi-family
Building Details
Year Built
1960
Listing Agency:
Regency Realty Group
Listed By:
Jennifer Allen
(603) 433-3350
Source:
Greatislandrealty
Added: Jun 29
Changed: Jul 25
Last Checked: Jul 28 at 9:22PM
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 Regency Realty Group
Investment Insights
Based on property information with market context.
This two-unit duplex offers a functional layout with each unit featuring two bedrooms and one bathroom. The property includes classic New England character, and the setup supports both income generation and owner-occupancy flexibility. Some updates and improvements are needed, and the home is being sold as-is.
Located on Ossipee Trail West in Standish, the property is described as being conveniently situated near local amenities, schools, and outdoor recreation, including Sebago Lake.
As a residential income property, it provides a straightforward two-unit configuration for buyers seeking multi-unit ownership.
Located on Ossipee Trail West in Standish, the property is described as being conveniently situated near local amenities, schools, and outdoor recreation, including Sebago Lake.
As a residential income property, it provides a straightforward two-unit configuration for buyers seeking multi-unit ownership.
Key Highlights
- Duplex built in 1960 with two separate units sold as‑is
- Each unit features a 2‑bedroom, 1‑bath layout
- Two‑unit property on Ossipee Trail West in Standish
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 |
2,154 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$543.8K
$475.8K – $634.4K
NOI $38,064 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$505.9K
$442.7K – $590.2K
NOI $35,413 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$592.0K
$518.0K – $690.7K
NOI $41,442 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units each offer two bedrooms and one bathroom in a duplex sold as-is.
Where is this duplex located?
The property is located at 32 Ossipee Trail W Standish, ME.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Duplex built in 1960 with two separate units sold as‑is; Each unit features a 2‑bedroom, 1‑bath layout; Two‑unit property on Ossipee Trail West in Standish
