Address
499 Main Street, Old Town, ME
Price
$ 399,999
Property Attributes
- MLS#1679772
- TypeMulti-Family
- Listing Status Pending
- CountyPenobscot
- CityOld Town
- Zip04468
- StyleColonial, New Englander
- Year Built1900
- Taxes$ 5343
- Price$ 399,999
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3315
- Lot Size0.18 Acres
Data Source:
Maine Listings (MREIS)
Property Description
Strong investment opportunity in Old Town! This four-unit property offers a proven rental history with all four units are currently occupied and is conveniently located near the University of Maine, local restaurants, shopping, and everyday amenities. Several key improvements have been completed including the roof, furnace and new windows. Two units are offered fully furnished providing added flexibility for future rental options. With established rental income and a desirable location, this property is a great opportunity to add to your investment portfolio. Book your showing today!
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | R2 Gen Residential |
| Electric | Circuit Breakers,Generator Hookup |
| Tax Year | 2025 |
| County | Penobscot |
| Property Type | Multi-Family |
| HOA | false |
| Status | Pending |
| City | Old Town |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7840.8 |
| Tax Annual Amount | 5343 |
| Standard Status | Pending |
| Tax Lot | 117 |
| Heating | Gas Natural,Baseboard,Hot Water,Zoned |
| Cooling | Window Unit(s) |
| Garage Y/N | false |
| Land Lease Y/N | false |
| High School District | RSU 34 |
| Roof | Shingle |
| Architectural Style | Colonial,New Englander |
| Construction Materials | Wood Frame,Vinyl Siding |
| Year Built | 1900 |
| Attached Garage | false |
| Full Baths | 4 |
| Patio/Porch Features | Glassed-in Porch |
| Stories Count | 2 |
| Gross Income | 64680 |
| Operating Expense | 18225 |
| Number Of Units Total | 4 |
| Accessibility | 32 - 36 Inch Doors |
| Occupancy Type | No |
Interior Features
| Total Baths | 4 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Basement | Interior Entry,Crawl Space,Partial,Unfinished,Brick/Mortar |
| Flooring | Tile,Vinyl,Luxury Vinyl,Painted/Stained |
| Above Grade Finished Area | 3315 |
| Interior Amenities | 1st Floor Bedroom,Attic,Shower,Primary Bedroom w/Bath |
| Furnished Y/N | Partially |
| Total Stories | 2 |
| Laundry Features | Main Level,Upper Level,Washer Hookup |
Exterior Features
| Parking Features | Gravel,5 - 10 Spaces,Off Street |
|---|---|
| Lot Features | Intown,Near Railroad,Rolling Slope,Near Public Transit |
| Water Source | Public |
| Lot Size Area | 0.18 |
| Lot Size Acres | 0.18 |
| Lot Size Source | Public Records |
| Waterfront Y/N | false |
| Building Area Total | 3315 |
| Foundation Details | Stone,Poured Concrete,Brick/Mortar |
| Other Equipment | Internet Access Available |
| Door Features | Storm Door(s) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 04468
Statistics provided by Inside Real Estate
Price
Taxes
Year Built
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.
