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Three-Unit Multifamily Property
For Sale
$249,900

4 & 2 Main Street, Detroit, ME 04929

Two buildings provide a mix of apartments and a separate home, with garage and paved parking at the house.

Property Size2,444 SF
Lot Size0.60 Acres
Price / SF$102.25
Days on Market56

Property Features for 4 & 2 Main Street

General Information

Standard status Active
Size 2,444 SF
Lot size 0.60 Acres
Property subtype Multi Family Home
Zoning 11 - Rural

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x 2-3BR home
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,539

Amenities

river frontage
storage rooms
garage
1st Floor Bedroom
Attic
Shower

Building Details

Building Size 2,444 SF
Year Built 1900
Buildings 2
Stories 2
Units 3
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Samantha Allen
Source: Integrityhomesrealestategroup
Added: Sep 9 Changed: Oct 29 Last Checked: Nov 3 at 7:50AM

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 Better Homes & Gardens Real Estate/The Masiello Group

Rey
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Investment Insights

Based on property information with market context.

Two buildings contain three residences across a 2,444-square-foot property on 0.60 acres. The larger building is divided into a first-floor two-bedroom, one-bath apartment and a second-floor one-bedroom, one-bath apartment. Storage rooms sit at the rear of the first floor, with additional storage in the attic. A separate home has two to three bedrooms, a full kitchen, living room, bathroom, garage, and paved parking area.

The property has approximately 200 feet of frontage on the East Branch of the Sebasticook River and occupies a corner lot on Route 220 in Detroit Village. It is less than 4 miles from I-95. Services include two wells and two septic systems; the zoning is 11 - Rural. The recorded year built is 1900.

Key Highlights

  • Three residential units across two buildings
  • 2,444 square feet on 0.60 acres
  • Approximately 200 feet of frontage on the East Branch of the Sebasticook River

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 04929, ME

885
Population
351
Households
2.5
Avg Household Size
43
Median Age
8%
College-Educated
86%
High-School Grad
20.2 sq mi
ZIP Area
44
Density / Sq Mi
$51,964
Median Household Income
$35,781
Median Earnings
$938
Median Rent
$134,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two buildings provide a mix of apartments and a separate home, with garage and paved parking at the house.
Where is this multifamily property located?
The property is located at 4 & 2 Main Street Detroit, ME.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Three residential units across two buildings; 2,444 square feet on 0.60 acres; Approximately 200 feet of frontage on the East Branch of the Sebasticook River
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