Townhouse-Style Duplex with
34 6th Street Old Town, ME 04468
34 6th Street, Old Town, ME, 04468
$289,900
For Sale
$289,900
Residential Multi Family, Other - Old Town, ME
Property Size2,700 SF
Lot Size0.19 Acres
Price / SF$107.37
Days on Market64
Property Features for 34 6th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing Agency
NextHome Experience
(207) 573-7400
57 Washington St., ME
Listed by
Flori Davis · License #BA920326,PersonLicenseNumber
(207) 852-4597
Added: May 15 Checked: Jul 17 at 2:06 am
MLS# 1662306
Listing URL
Copyright © 2026 NextHome, Inc. 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.
This true townhouse-style duplex was recently remodeled and features tall ceilings and expansive living spaces. The home includes newer heating systems, fresh paint, updated appliances, and brand-new dedicated electric water heaters for each unit. Both units have washer and dryer hookups, and each unit is supported by separate utilities.
Situated on a quiet street in Old Town, the property is described as minutes from the University of Maine and Hannaford Plaza, along with local restaurants and everyday amenities.
Unit configuration includes one unit with three bedrooms and a full bathroom with a spacious downstairs layout, and a second unit with two large upstairs bedrooms with generous living space below. A paved driveway provides dedicated parking for tenants on both sides.
Situated on a quiet street in Old Town, the property is described as minutes from the University of Maine and Hannaford Plaza, along with local restaurants and everyday amenities.
Unit configuration includes one unit with three bedrooms and a full bathroom with a spacious downstairs layout, and a second unit with two large upstairs bedrooms with generous living space below. A paved driveway provides dedicated parking for tenants on both sides.
Key Highlights
- True townhouse‑style duplex with over 2,700 SF combined living space
- Recently remodeled with newer heating systems, fresh paint, and updated appliances
- Brand‑new dedicated electric water heaters for each unit
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 | $37.3k | $13.80 |
| − Vacancy | −$1.9k | −$0.71 |
| EGI | $35.3k | $13.09 |
| − OpEx | −$10.6k | −$3.93 |
| NOI | $24.7k | $9.16 |
2,700 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$353.5K
$309.3K – $412.4K
NOI $24,744 @ 7.0% cap · market cap 8.54%
Second Best
Apartment 5plus
$325.1K
$284.5K – $379.3K
NOI $22,758 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$872.0K
$763.0K – $1.02M
NOI $61,042 @ 7.0% cap · market cap 21.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Recently remodeled duplex offers separate utilities, washer/dryer hookups, and paved driveway parking for both sides.
Where is this duplex located?
The property is located at 34 6th Street Old Town, ME.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: True townhouse‑style duplex with over 2,700 SF combined living space; Recently remodeled with newer heating systems, fresh paint, and updated appliances; Brand‑new dedicated electric water heaters for each unit
