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Townhouse-Style Duplex with Parking

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
57 Washington St., ME
Listed by Flori Davis · License #BA920326,PersonLicenseNumber
Added: May 15 Checked: Jul 17 at 1:06 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.

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 (±1% cap)
NOI $24,744 @ 7.0% cap · market cap 8.54%
Second Best
Apartment 5plus
$325.1K
$284.5K – $379.3K (±1% cap)
NOI $22,758 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$872.0K
$763.0K – $1.02M (±1% cap)
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

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Bakery Locksmith Storage Facility Cafe & Coffee Shop Computer & Electronic Repair Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
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