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About the Listing 1122 - 015469,024352
Solid, income-producing 3-unit on Penobscot Street in Orono, with the big-ticket updates already done. A new heating and hot-water boiler (2024) and a roof replaced in 2016 headline the improvements, along with all-new toilets, updated plumbing, and a new sewer line -- so the next owner inherits updated mechanicals instead of a deferred-maintenance list. Each of the three units has its own in-unit laundry. The location keeps demand strong: just minutes from the bus line, Webster Park, and the University of Maine, with water views of the Penobscot River. The unit mix -- two 2-bedroom units and a 1-bedroom -- gives you flexibility to occupy one and rent the others or run all three. Updated systems, a proven rental location, and room to optimize rents make this a great portfolio addition.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas Bottled,K-1/Kerosene,Propane,Baseboard,Forced Air,Hot Water,Zoned
- Fireplaces:
- Floor: Carpet,Vinyl,Wood,Painted/Stained
- Above Ground Sq Ft: 3676
- Below Ground Sq Ft: 0
- Basement: Bulkhead,Crawl Space,Partial,Unfinished
- Other: 1st Floor Bedroom,Attic,Bathtub,One-Floor Living,Shower,Storage
- Water: Public
Exterior Details
- Lot Description: Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Level,Open Lot,Sidewalks,Near Public Transit
- Garage Capacity: 1 car
- Zoning: Residential
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Gravel,5 - 10 Spaces,On Site,Garage Door Opener,Detached
Financial Details
- Tax Amount: $5,175
- Taxes w/Assessments: N/A
- Tax/Property ID: ORON-020003-000000-000082
- Tax Year: 2025
Payment Calculator
Monthly Payment
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22 Penobscot St Orono, ME 04473
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