Duplex With Walk-Up
For Sale
$689,900
49 Dana Ct, Westbrook, ME 04092
Each apartment has an equipped kitchen, in-unit laundry, and a separate electrical panel.
Property Size3,312 SF
Price / SF$208.30
Days on Market9
Property Features for 49 Dana Ct
General Information
Standard status
Active
Size
3,312 SF
Property subtype
Multi-Family
Additional Details
Road Access
Yes
Multifamily Units
2
Amenities
fully applianced kitchens
washer and dryer
private decks
ground-level patio
walk-up attic
Building Details
Year Built
1900
Buildings
1
Listed By:
Kathy Gallant
(207) 841-7569
Source:
Gre207
Added: Oct 7
Changed: Oct 15
Last Checked: Oct 14 at 11:04PM
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 Kathy Gallant
Investment Insights
Based on property information with market context.
Built in 1900, this 3,312-square-foot duplex contains 11 rooms, four bedrooms, and two full bathrooms. Each apartment has an equipped kitchen, its own washer and dryer, and a dedicated electrical panel. Private decks serve both floors, while a ground-level patio connects to a basement living area that is not a legal apartment. A walk-up attic offers storage space or potential for expanded living area.
The property sits on a dead-end street with views of the Presumpscot River. Downtown Westbrook is a three-minute walk away, with restaurants, schools, shopping, and services nearby.
The property sits on a dead-end street with views of the Presumpscot River. Downtown Westbrook is a three-minute walk away, with restaurants, schools, shopping, and services nearby.
Key Highlights
- 3,312‑square‑foot duplex built in 1900
- 11 rooms, four bedrooms, and two full bathrooms
- Two apartments, each with an equipped kitchen, washer and dryer, and dedicated electrical panel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,528
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,170,560
$1.2M
Cap Rate 7%
$836,114
$836.1K
Cap Rate 9%
$650,311
$650.3K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$89.4K $27.00/SF
− Vacancy
−$5.8K −$1.76/SF
EGI
$83.6K $25.25/SF
− OpEx
−$25.1K −$7.57/SF
NOI
$58.5K $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%
$1,170,560
Cap Rate 7%
$836,114
Cap Rate 9%
$650,311
Alternative Uses
Best Use
Multifamily LT 5
$836.1K
$731.6K – $975.5K
NOI $58,528 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$777.9K
$680.6K – $907.5K
NOI $54,451 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$910.3K
$796.5K – $1.06M
NOI $63,721 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
Explore this area
Business Placement
Demographics for 04092, ME
20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has an equipped kitchen, in-unit laundry, and a separate electrical panel.
Where is this duplex located?
The property is located at 49 Dana Ct Westbrook, ME.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: 3,312‑square‑foot duplex built in 1900; 11 rooms, four bedrooms, and two full bathrooms; Two apartments, each with an equipped kitchen, washer and dryer, and dedicated electrical panel
