Updated Duplex with Attached
5 Ossipee Trail E Standish, ME 04084
For Sale
$500,000
Two-bedroom, 1.5-bath units with an expansive attached barn and ample off-street parking.
Property Size2,677 SF
Price / SF$186.78
Days on Market56
Property Features for 5 Ossipee Trail E
General Information
Standard status
Active
Size
2,677 SF
Property subtype
Multi-family
Building Details
Year Built
1800
Listing Agency:
Coldwell Banker Realty
Listed By:
Jason Norton
(603) 866-2942
Source:
Profoundrealestate
Added: Jun 4
Changed: Jul 27
Last Checked: Jul 27 at 7:59AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Welcome to 5 Ossipee Trail E, an updated duplex with two distinct residential units. Each unit features two bedrooms and one-and-a-half bathrooms. Interiors have been refreshed with new paint and new lighting and electrical finishes, including light fixtures, outlets, and switches. Unit 5 includes a new outdoor deck, waterproof luxury vinyl plank flooring in the entryway, a new bathroom exhaust fan, a new over-the-range microwave, a new washer and dryer, and a custom closet organization system. Unit 9 offers a refinished enclosed porch interior.
The property also includes an expansive attached barn that can support storage needs or a workshop-style setup. Off-street parking is available for residents and guests.
Recent capital improvements include brand-new electrical panels for both units, a new oil tank, a new septic tank baffle, and a new chimney liner and cap, supporting a well-maintained foundation for either renting or owner-occupancy.
The property also includes an expansive attached barn that can support storage needs or a workshop-style setup. Off-street parking is available for residents and guests.
Recent capital improvements include brand-new electrical panels for both units, a new oil tank, a new septic tank baffle, and a new chimney liner and cap, supporting a well-maintained foundation for either renting or owner-occupancy.
Key Highlights
- Updated duplex with two distinct units, each offering 2 bedrooms and 1.5 bathrooms
- Expansive attached barn for storage or workshop potential
- Off‑street parking for residents and guests
Financial Insights For Apartment 5plus
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 | $85.1k | $31.80 |
| − Vacancy | −$5.1k | −$1.91 |
| EGI | $80.0k | $29.89 |
| − OpEx | −$36.0k | −$13.45 |
| NOI | $44.0k | $16.44 |
2,677 SF · lease $31.80/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$675.8K
$591.3K – $788.5K
NOI $47,307 @ 7.0% cap · market cap 9.46%
Second Best
Apartment 5plus
$628.7K
$550.1K – $733.5K
NOI $44,011 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$735.8K
$643.8K – $858.4K
NOI $51,504 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, 1.5-bath units with an expansive attached barn and ample off-street parking.
Where is this duplex located?
The property is located at 5 Ossipee Trail E Standish, ME.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Updated duplex with two distinct units, each offering 2 bedrooms and 1.5 bathrooms; Expansive attached barn for storage or workshop potential; Off‑street parking for residents and guests
