Victorian Duplex With
62 Dennison Street, Auburn, ME 04210
For Sale
$334,000
Multi-Family, Auburn, ME
Property Size2,804 SF
Lot Size0.11 Acres
Price / SF$119.12
Days on Market50
Property Features for 62 Dennison Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Pets allowed
Interior features
Basement
Lot features
Standard status
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
John Lawrence · License ME #3311692
(207) 479-8888
Added: Sep 22
Changed: Oct 27
Last Checked: Nov 10 at 8:06PM
MLS# 1681635
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 2,804-square-foot Victorian duplex, built in 1864, contains two residential units with spacious layouts, hardwood and vinyl flooring, high ceilings, first-floor bedroom space, storage, attic area, basement space, and a porch. Recent improvements include a natural gas boiler, hot water heater, and corrugated metal roof. A two-car garage adds covered parking and storage capacity. The expansive third floor may be incorporated into the second-floor apartment or divided into a third unit, subject to CEO approval.
The property occupies 0.11 acres in Auburn and is adjacent to Chestnut Street Park. Shopping, downtown Auburn, CMCC, and CMMC are nearby, while I-95 is a few minutes away. Public water and public sewer serve the property, which is located in the Trad Downtown 4.2 zoning district.
The property occupies 0.11 acres in Auburn and is adjacent to Chestnut Street Park. Shopping, downtown Auburn, CMCC, and CMMC are nearby, while I-95 is a few minutes away. Public water and public sewer serve the property, which is located in the Trad Downtown 4.2 zoning district.
Key Highlights
- 2,804‑square‑foot duplex on 0.11 acres
- Built in 1864 with Victorian architectural style
- Two residential units with spacious layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,656
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,120
$553.1K
Cap Rate 7%
$395,086
$395.1K
Cap Rate 9%
$307,289
$307.3K
Market Conditions
NOI Build-Up for 2,804 SF
Gross rent
$40.0K $14.28/SF
− Vacancy
−$533 −$0.19/SF
EGI
$39.5K $14.09/SF
− OpEx
−$11.9K −$4.23/SF
NOI
$27.7K $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%
$553,120
Cap Rate 7%
$395,086
Cap Rate 9%
$307,289
Alternative Uses
Best Use
Multifamily LT 5
$395.1K
$345.7K – $460.9K
NOI $27,656 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$375.4K
$328.5K – $437.9K
NOI $26,276 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$872.1K
$763.1K – $1.02M
NOI $61,046 @ 7.0% cap · market cap 18.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
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Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Auburn, ME
Properties on Market for Duplexes in Auburn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units with updated mechanical systems, a third-floor expansion option, and convenient Auburn access.
Where is this duplex located?
The property is located at 62 Dennison Street Auburn, ME.
What is the asking price?
The asking price for this property is $334,000.
What are key features of this property?
This property features: 2,804‑square‑foot duplex on 0.11 acres; Built in 1864 with Victorian architectural style; Two residential units with spacious layouts
