NEW! Buy and sell safely with virtual options - Learn More
About the Listing 2983 - 019940
Excellent investment opportunity in a convenient Old Town location! Just minutes from the University of Maine, shopping, restaurants, and I-95, this spacious multi-unit property offers strong rental history, solid income potential, and a surprisingly large in-town lot. Set on approximately 1.25 acres, the property features a beautiful open yard with wooded views offering far more outdoor space and privacy than typically found with intown multi-family properties. A large back deck overlooks the backyard and provides an inviting space for tenants to relax or entertain. Ample off-street parking provides convenience for both tenants and guests. The building consists of two occupied units, including one long-term tenant, making this an ideal opportunity for investors seeking stability and immediate income production. Both units offer spacious layouts full of character and natural light, along with separate utilities and individual washer/dryer setups for added tenant convenience. One unit is serviced by a newer natural gas boiler, while the second unit currently utilizes oil heat. Current rents offer potential opportunity for future income growth, adding to the long-term investment appeal of the property. Whether you're looking to expand your investment portfolio or secure a well-located income-producing property close to the university, this versatile duplex is packed with potential.
Listing Highlights
Status
Pending
Days on Site
7
Property Type
Multi-Family
MLS ®
1665404
Year Built
1900
Total Square Footage
2,122
Lot/Acreage
1.25
County
Penobscot
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Gas Natural,Oil,Baseboard,Forced Air,Hot Water
- Fireplaces:
- Floor: Laminate,Wood
- Above Ground Sq Ft: 2122
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Full,Unfinished
- Other: Bathtub,Shower,Storage
- Water: Public
Exterior Details
- Lot Description: Intown,Near Shopping,Near Turnpike/Interstate,Level,Open Lot
- Garage Capacity: N/A
- Zoning: R1
- Roof: Metal,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Gravel,5 - 10 Spaces
Financial Details
- Tax Amount: $4,270
- Taxes w/Assessments: N/A
- Tax/Property ID: OLDN-000021-000000-000093
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
339 Stillwater Ave Old Town, ME 04468
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
