Sebago Lake Duplex with Game
For Sale
$1,395,000
45-47 Shore Road, Sebago, ME 04029
Multi-Family, Sebago, ME
Property Size5,936 SF
Lot Size1.61 Acres
Price / SF$235.01
Days on Market94
Property Features for 45-47 Shore Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Village
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 1, Bathroom 4, Bathroom 6, Bathroom 2, Basement, Bathroom 3, Bathroom 5
Parking features
Off Street
Patio and Porch features
Porch
Pets allowed
No
Interior features
Walk-in Closets, 1st Floor Bedroom, Bathtub, Shower, Storage, Primary Bedroom w/Bath
Basement
Walk-Out Access, Daylight, Full, Finished
Appliances
ENERGY STAR Qualified Appliances, Tankless Water Heater
Lot features
Rolling/ Sloping, Wooded, Near Public Beach, Neighborhood
Standard status
Active
Size
5,936 SF
Lot size
1.61 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9635
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Hot Water(Heating), Baseboard, Zoned, Propane (Heating)
Cooling system
Window Unit(s)
Water source
Well, Private
Water front features
Lake
Water front
1
Amenities
private beach
game room
screened porch
patio
front porch
firepit
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Vinyl
Building materials
Structural Insulated Panels, Vinyl Siding
Roof type
Shingle
Architectural style
Contemporary, Modern
Additional Structures
Storage
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Ann Cianchette
(207) 318-5318
Added: Jul 22
Changed: Oct 23
Last Checked: Oct 23 at 4:06PM
MLS# 1673019
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.
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Investment Insights
Based on property information with market context.
This contemporary duplex contains 5,936 square feet across two mirror-image residences on 1.61 acres. Each unit includes a primary suite on the upper level, two first-floor bedrooms with a shared bath, an additional basement bedroom and bath, and a large recreation room. Screened main-level porches, basement patios, front porches, private backyards, full-size laundry, second refrigerators, and four heat zones add functional depth to both sides. Granite and quartz countertops, luxury vinyl plank flooring, composite decking, tankless hot water, and furnishings are included. ICF construction provides 12-inch concrete walls, including the dividing wall between units.
The property is located near the west shore of Sebago Lake at 45-47 Shore Road in Sebago, Maine. A neighborhood-only beach is located at the end of the street, with boating and mooring access available. More than 300 feet of road frontage leaves room for a potential garage or barn, subject to applicable approvals. Each unit has its own septic system and private well.
The property is located near the west shore of Sebago Lake at 45-47 Shore Road in Sebago, Maine. A neighborhood-only beach is located at the end of the street, with boating and mooring access available. More than 300 feet of road frontage leaves room for a potential garage or barn, subject to applicable approvals. Each unit has its own septic system and private well.
Key Highlights
- Two‑unit duplex totaling 5,936 square feet on 1.61 acres
- More than 300' of road frontage with room for a potential garage or barn
- ICF construction with 12‑inch concrete walls, including the dividing wall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,898
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,097,960
$2.1M
Cap Rate 7%
$1,498,543
$1.5M
Cap Rate 9%
$1,165,533
$1.2M
Market Conditions
NOI Build-Up for 5,936 SF
Gross rent
$160.3K $27.00/SF
− Vacancy
−$10.4K −$1.76/SF
EGI
$149.9K $25.25/SF
− OpEx
−$45.0K −$7.57/SF
NOI
$104.9K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,097,960
Cap Rate 7%
$1,498,543
Cap Rate 9%
$1,165,533
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $104,898 @ 7.0% cap · market cap 7.52%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.63M
NOI $97,591 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,206 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 04029, ME
1,917
Population
1,506
Households
1.3
Avg Household Size
47
Median Age
24%
College-Educated
87%
High-School Grad
32.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,845
Median Household Income
$40,838
Median Earnings
$1,302
Median Rent
$272,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two mirrored residences offer furnished interiors, screened porches, private patios, and access to a neighborhood beach.
Where is this duplex located?
The property is located at 45-47 Shore Road Sebago, ME.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 5,936 square feet on 1.61 acres; More than 300' of road frontage with room for a potential garage or barn; ICF construction with 12‑inch concrete walls, including the dividing wall
