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Duplex With Specialty Garage
For Sale
$999,000

574 River Road, Chelsea, ME 04330

Two rental units accompany a lift-equipped garage, covered storage, and separate heating and cooling systems.

Property Size2,128 SF
Lot Size2.00 Acres
Price / SF$469.45
Days on Market10

Property Features for 574 River Road

General Information

Standard status Active
Size 2,128 SF
Lot size 2.00 Acres
Property subtype Multi-family

Units

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

Building Details

Year Built 2021
Listing Agency: Keller Williams Realty
Listed By: Tyler Hall
Source: Profoundrealestate
Added: Sep 13 Changed: Sep 21 Last Checked: Sep 21 at 7:05AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 2,128-square-foot duplex was built in 2021 on a slab and contains two distinct residences: one with three bedrooms and one bathroom, and another with one bedroom and one bathroom. Radiant heat and heat pump systems serve the building. The property also includes a substantial garage with two oversized doors, two 9,000-pound lifts, and a four-post lift, along with a lounge area and garage fixtures.

Set on 2 acres at 574 River Rd in Chelsea, the property provides additional parking beyond the garage and a covered storage area incorporating two storage containers beneath a metal dome-style roof. The covered structure was designed for RV storage and offers additional enclosed or open storage possibilities. The combination of residential units, specialized garage improvements, parking, and accessory storage creates a versatile property configuration.

Key Highlights

  • Duplex includes a 3‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit
  • Built in 2021 on a slab with 2,128 square feet
  • Garage has 2 oversized doors, two 9,000‑pound lifts, and a four‑post lift

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service Pharmacy Hair Salon Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 04330, ME

26,322
Population
13,017
Households
2
Avg Household Size
44
Median Age
28%
College-Educated
95%
High-School Grad
116.9 sq mi
ZIP Area
225
Density / Sq Mi
$55,158
Median Household Income
$43,177
Median Earnings
$912
Median Rent
$197,600
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two rental units accompany a lift-equipped garage, covered storage, and separate heating and cooling systems.
Where is this duplex located?
The property is located at 574 River Road Chelsea, ME.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Duplex includes a 3‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit; Built in 2021 on a slab with 2,128 square feet; Garage has 2 oversized doors, two 9,000‑pound lifts, and a four‑post lift
More about this property
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