Two-Unit Duplex with Heat
New
For Sale
$369,900
576 Sabattus Street, Lewiston, ME 04240
Multi-Family, Lewiston, ME
Property Size2,772 SF
Lot Size0.21 Acres
Price / SF$133.44
Days on Market2
Property Features for 576 Sabattus Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
NCA
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Basement
Patio and Porch features
Porch
Basement
Walk-Out Access, Unfinished, Full
Lot features
Sidewalks, Intown, Near Shopping, Neighborhood
Standard status
Active
Size
2,772 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2808
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating), Baseboard
Cooling system
Heat Pump
Water source
Public
Amenities
laundry hookups
basement storage area
Building Details
Year built
1935
Floors in Building
2
Number of units
2
Flooring type
Laminate, Wood
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Berkshire Hathaway HomeServices Northeast Real Estate · Prudential Real Estate
(207) 784-0159
Listed By:
Denis Dufour
(207) 240-2828
Added: Oct 14
Last Checked: Oct 15 at 10:06AM
MLS# 1684311
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.
Investment Insights
Based on property information with market context.
This 2,772-square-foot duplex contains two apartments: a first-floor unit with two bedrooms and one full bath, and a second-floor unit with one bedroom and one full bath. Heat pumps provide heating and cooling in each unit, with some electric baseboard heat also present. Both apartments have laundry hookups and separate electric meters, and each has access to basement storage. The property was built in 1935 and has a Colonial style, wood-frame construction, vinyl siding, and a porch.
Set on a 0.21-acre lot in Lewiston, the property includes off-street parking and a yard. Public water and public sewer serve the building, which is zoned NCA.
Set on a 0.21-acre lot in Lewiston, the property includes off-street parking and a yard. Public water and public sewer serve the building, which is zoned NCA.
Key Highlights
- Two‑unit duplex with a two‑bedroom first‑floor apartment and one‑bedroom upper apartment
- 2,772 square feet on a 0.21‑acre lot
- Heat pumps in both units, with additional electric baseboard heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,340
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,800
$546.8K
Cap Rate 7%
$390,571
$390.6K
Cap Rate 9%
$303,778
$303.8K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$39.6K $14.28/SF
− Vacancy
−$526 −$0.19/SF
EGI
$39.1K $14.09/SF
− OpEx
−$11.7K −$4.23/SF
NOI
$27.3K $9.86/SF
Area
Androscoggin County, ME
Vacancy
1.33%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,800
Cap Rate 7%
$390,571
Cap Rate 9%
$303,778
Alternative Uses
Best Use
Multifamily LT 5
$390.6K
$341.8K – $455.7K
NOI $27,340 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$371.1K
$324.7K – $432.9K
NOI $25,976 @ 7.0% cap · market cap 7.02%
Theoretical Best
Warehouse
$4.92M
$4.31M – $5.74M
NOI $344,630 @ 7.0% cap · market cap 93.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 04240, ME
37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate electric meters and laundry hookups serve both apartments.
Where is this duplex located?
The property is located at 576 Sabattus Street Lewiston, ME.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two‑unit duplex with a two‑bedroom first‑floor apartment and one‑bedroom upper apartment; 2,772 square feet on a 0.21‑acre lot; Heat pumps in both units, with additional electric baseboard heat
