371 Main Street, Old Town, ME, 04468 | $230,000

Located in the heart of Old Town on a quaint one-way street corner, this majestic 2-unit property is a SOLID investment! Just a short walk to downtown restaurants, shops, and the waterfront park on the Mighty Penobscot River, this prime location offers convenience and charm. Nearby, you'll find a boat launch and an airport, while the University of Maine's Orono Campus Park Street entrance is just 3. 2 miles west. The area is rich with amenities including the UMaine forest, hiking and ski trails, bike paths, and excellent schools and parks.

This property boasts a newer roof, five fireplaces (currently not in use), natural gas hot water baseboard heat, a sunroom/utility room, an attic with two rooms, and an unfinished daylight basement featuring a fireplace, a cistern, and a unique brick barrel vault arch or oven. Historically, it was a popular stop for travelers during the logging and train station days.

With a gross income of $30, 000, this local landmark offers a fantastic opportunity. The home is being sold as-is.

Features

  • Amenities: 1st Floor Bedroom, Attic, One-Floor Living
  • Baths: 2 full / 2 half
  • Units: 2
  • Laundry: Laundry - 1st Floor, Upper Level, Main Level
  • Style: Colonial, Federal, Multi-Level
  • Year Built: 1900
  • Heating: Other Heat System, Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Cooling: Other
  • Basement: Brick/Mortar, Walk-Out Access, Daylight, Full, Unfinished
  • Approx Sq. Feet: 3,168
  • Acreage: 0.3
  • Est. Taxes: $3,182
  • Lot Desc: Corner Lot, Level, Open Lot, Wooded, Intown, Near Shopping
  • MLS#: 1590120
  • Website: https://www.raveis.com
    /prop/1590120/371mainstreet_oldtown_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group

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