Property Attributes
- MLS#1680706
- TypeMulti-Family
- Listing Status Active
- CountyPenobscot
- CityOld Town
- Zip04468
- StyleColonial
- Year Built1920
- Taxes$ 3387
- Price$ 249,900
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2736
- Lot Size0.12 Acres
Data Source:
Maine Listings (MREIS)
Property Description
An exciting opportunity awaits with this spacious two-unit property in a convenient Old Town location! Whether you're looking to expand your investment portfolio, live in one unit while generating income from the other, or create a multi-generational living setup, this property offers plenty of space, flexibility, and potential. Located just minutes from the University of Maine, local schools, shopping, and area amenities, the location adds even more appeal. Unit 1 features an eat-in kitchen, separate laundry space, living room, five generously sized bedrooms with one downstairs, and two full bathrooms. Recent improvements include fresh interior paint throughout the kitchen, bedrooms, and bathrooms, freshly painted kitchen cabinets, a brand-new stove and range hood, and new grounded outlets and covers throughout. The downstairs bathroom has also been refreshed with new flooring, shelving, fresh paint and more! Unit 2 features four bedrooms, one full bathroom, a comfortable living area, and a combined eat-in kitchen and laundry space. A metal roof was recently installed over much of Unit 2, adding another valuable improvement to the property. Outside, you'll find a grassy front yard and a long driveway with plenty of parking. With two generously sized units and a location just minutes from the University of Maine, this property provides a great opportunity for rental income with the flexibility to make it work for a variety of needs. Whether you're looking for an investment property or the option to live in one unit while renting the other, this one is worth a look!
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | Res |
| Electric | Circuit Breakers |
| Tax Year | 2025 |
| County | Penobscot |
| Property Type | Multi-Family |
| HOA | false |
| Status | Active |
| City | Old Town |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5227.2 |
| Tax Annual Amount | 3387 |
| Standard Status | Active |
| Tax Lot | 068 |
| View | Trees/Woods |
| Heating | Oil,Baseboard,Hot Water |
| Cooling | None |
| Garage Y/N | false |
| Land Lease Y/N | false |
| Roof | Metal,Shingle |
| Architectural Style | Colonial |
| Construction Materials | Wood Frame,Vinyl Siding |
| Year Built | 1920 |
| Attached Garage | false |
| Full Baths | 3 |
| Gross Income | 21600 |
| Operating Expense | 15000 |
| Number Of Units Total | 2 |
| Structure Type | Duplex |
| Occupancy Type | No |
Interior Features
| Total Baths | 3 |
|---|---|
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Basement | Interior Entry,Slab |
| Flooring | Carpet,Tile,Vinyl,Wood |
| Above Grade Finished Area | 2736 |
| Interior Amenities | 1st Floor Bedroom,Bathtub |
| Laundry Features | Main Level |
Exterior Features
| Parking Features | Gravel,1 - 4 Spaces |
|---|---|
| Lot Features | Interior Lot,Neighborhood,Level |
| Water Source | Public |
| Lot Size Area | 0.12 |
| Lot Size Acres | 0.12 |
| Road Surface Type | Paved |
| Lot Size Source | Public Records |
| Waterfront Y/N | false |
| Building Area Total | 2736 |
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
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.