395 Fourth ST new Save Request In-Person Tour Request Virtual Tour
Old Town,ME 04468
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 2,100 sqft
Price per Sqft $133
MLS Listing ID 1626063
Style New Englander
Full Baths 2
Year Built 1900
Annual Tax Amount $2,968
Tax Year 2024
Lot Size 6,969 Sqft
Property Description
Located in the heart of Old Town and just minutes from the University of Maine, this well-maintained 2-unit apartment building offers the perfect blend of investment potential and personal use. Whether you're a first-time homebuyer looking to offset your mortgage with rental income, or a parent seeking safe, affordable housing for your student, this is a smart and versatile opportunity.
The spacious first-floor unit features 3 bedrooms and 1 full bath, complete with a washer and dryer, making it move-in ready for an owner-occupant or tenant. The second-floor unit offers 2 bedrooms and 1 bath, ideal for additional rental income or student housing.
Enjoy a paved driveway and ample off-street parking for both units. Many of the property's major systems have been updated over the years, giving peace of mind to buyers. The building is in great condition and shows pride of ownership throughout.
With the University so close, rental demand in the area is strong and steady. This is a rare chance to build equity, reduce monthly housing costs, and own a property in one of Old Town's most convenient locations.
Location
State ME
County Penobscot
Zoning General Res
Interior
Heating Hot Water,Baseboard
Cooling None
Flooring Laminate
Exterior
Parking Features 1 - 4 Spaces,Paved
Utilities Available 1
View Y/N No
Roof Type Shingle
Building
Lot Description Level,Intown
Story 2
Foundation Stone,Granite,Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1626063