7 Middle Street, Randolph, ME 04346
MULTI_FAMILY - Other - Randolph, ME
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 7 Middle Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1
- Interior features
- 1st Floor Bedroom
- Basement
- Walk-Out Access, Full, Finished
- Standard status
- Active
- Size
- 2,750 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4409
Utilities
- Sewer type
- Public Sewer
- Heating system
- Pellet Stove, Oil, Baseboard
- Water source
- Public
Building Details
- Year built
- 1940
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood, Wood
- Building materials
- Wood Frame, Aluminum Siding, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Kimberly Gleason (207) 837-3180
Listing office McAllister Real Estate 143 Water Street, Hallowell, ME (207) 621-2345
Listing date Jun 23, 2026
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.
HighLights
- 1st‑floor bedroom and enclosed porch on the main level
- Finished daylight walkout basement with an additional bedroom, full bath, and family room
- Second‑floor in‑law/apartment with 2 bedrooms, a full bath, living room, and kitchen
- Connected to public water and public sewer
- Year built 1940 with shingle roof and wood frame construction
- Heating includes pellet stove, oil, and baseboard
Overview
Located at 7 Middle Street in Randolph, the home is described as within walking distance to shopping, restaurants, schools, and other everyday amenities. The property sits on a level lot with a large yard for gardening, entertaining, or play. Public water and public sewer connections are in place.
For tenants, buyers, or owner-operators, the combination of separate apartment space and flexible basement rooms supports a variety of occupancy plans. The layout is designed to allow two distinct living areas while also providing extra indoor space that can be used for home office needs, guest accommodations, or additional household functions. If you are evaluating a duplex-style property in Randolph for flexible residential income or multigenerational use, this configuration is worth a close look.
Local Financial Insights For Multifamily LT 5
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 | $44.6k | $16.20 |
| − Vacancy | −$677 | −$0.25 |
| EGI | $43.9k | $15.95 |
| − OpEx | −$13.2k | −$4.79 |
| NOI | $30.7k | $11.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Randolph
- County
- Kennebec
- State
- Maine
- Longitude
- -69.767055
- Latitude
- 44.235673
