Duplex with Two
9 Main Street Corinth, ME 04427
9 Main Street, Corinth, ME, 04427
$374,900
For Sale
$374,900
Move-in ready duplex with two completed units, attached heated 1-car garage, and detached 3-car garage on 1.16 acres.
Property Size3,063 SF
Lot Size1.16 Acres
Price / SF$122.40
Days on Market371
Property Features for 9 Main Street
General Information
- Standard status
- Active
- Size
- 3,063 SF
- Lot size
- 1.16 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1999
Listing agency
NextHome Experience
(207) 343-1215
Listed by
Jaime Gilbert · License #BA927560,PersonLicenseNumber
(207) 343-1215
Source
Compass
Added: Jul 17, 2025 Updated: Jul 22 at 1:35AM Checked: Jul 22 at 7:24AM
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 NextHome Experience
Investment Insights
Based on property information with market context.
This move-in ready duplex is configured as two separate residential units. Unit one offers a main-floor living room, kitchen, master bedroom, and a full bathroom with laundry and walk-in tile shower, plus a finished basement with two additional bedrooms and a second bathroom. Unit two includes a first-floor living room, kitchen, dining area, bedroom, and a full bathroom with laundry, along with a finished basement featuring a bedroom and an office or exercise room.
The property includes an attached heated 1-car garage and a detached 3-car garage for added storage, along with decks and a large open yard. A survey has been completed, and 1.16 acres will convey with the property.
Per the seller’s remarks, the taxes are based on the full 4.7 acres.
The property includes an attached heated 1-car garage and a detached 3-car garage for added storage, along with decks and a large open yard. A survey has been completed, and 1.16 acres will convey with the property.
Per the seller’s remarks, the taxes are based on the full 4.7 acres.
Key Highlights
- Duplex with two completed units for flexible living or rental use
- 1.16‑acre lot with decks and a large open yard
- Attached heated 1‑car garage plus detached 3‑car garage for extra vehicle/storage space
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 | $42.3k | $13.80 |
| − Vacancy | −$2.2k | −$0.71 |
| EGI | $40.1k | $13.09 |
| − OpEx | −$12.0k | −$3.93 |
| NOI | $28.1k | $9.16 |
3,063 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.0K
$350.9K – $467.9K
NOI $28,071 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$368.8K
$322.7K – $430.3K
NOI $25,818 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$989.3K
$865.6K – $1.15M
NOI $69,248 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Move-in ready duplex with two completed units, attached heated 1-car garage, and detached 3-car garage on 1.16 acres.
Where is this duplex located?
The property is located at 9 Main Street Corinth, ME.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Duplex with two completed units for flexible living or rental use; 1.16‑acre lot with decks and a large open yard; Attached heated 1‑car garage plus detached 3‑car garage for extra vehicle/storage space
