822 Stillwater AVE Old Town, ME 04468

Located along Stillwater Avenue in Old Town, this property presents a strong opportunity for investors or owner-occupants seeking proximity to the University of Maine. Positioned directly beside university-owned land, the home overlooks open UMaine fields and offers access to the university's walking, hiking, and biking trail system. These trails are commonly used for daily recreation, commuting by bike, and mountain biking, making the location especially attractive for student housing or long-term rental use.
The home offers a flexible layout with three to four potential bedrooms and one full bathroom. The first floor includes a living room, office or flex space, kitchen, dining room, bedroom, and laundry area. This setup allows for functional first floor living or creative reconfiguration depending on the intended use. The second floor includes two additional bedrooms, providing separation between shared living and private spaces. The property does need some TLC, particularly on the first floor, and is best suited for buyers who are comfortable making cosmetic improvements to add value.
The house is connected to city water and city sewer, an important feature for rental reliability and ease of ownership. Set on a manageable, approximately 0.15-acre lot, the property requires minimal exterior maintenance while still offering open views and a sense of space due to the adjacent university land. The backyard faces directly toward UMaine fields rather than neighboring homes, which enhances privacy and long-term appeal.
With its location near campus, access to recreation trails, and flexible interior layout, this property is well-suited for investors looking to rent to University of Maine students or for parents seeking a practical housing solution while their college-age student attends UMaine. Its combination of location, utility connections, and rental potential makes it a solid value-driven opportunity in the Old Town market.