Millinocket ME Multi Family for Sale
$139,900
122 Avenue Millinocket, ME 04462
- Type:
- Multi-Family
- Sq.Ft.:
- 2,232
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 1591720
View additional info
Courtesy: ERA Dawson-Bradford Co.
207-947-6788
ADDITIONAL INFORMATION
DUPLEX perfectly situated in the heart of MILLINOCKET, Maine! This Multi-level property has units side-by-side with the first level having their own entrance, Kitchen, Living room on the first floor, with two bedrooms and a full bathroom on the second floor, and a loft/bedroom area on the third floor. The first unit has been updated recently, and the second unit has had the same tenant for 18 plus years! This property has a great location across from Downtown Millinocket where you overlook the Park, can visit nearby restaurants, walking trails and the Millinocket Library. The property has a full basement divided for each tenants storage needs, a large garage/shed on the premises, and the lot has space for storing your boat and snowmobiles. A metal roof, front porch, and each unit has their own furnace. Snowmobile directly from your lot to hundreds of ITS and ATV trails. Access nearby lakes, Mount Katahdin, Baxter State Park and Katahdin Woods and Water National Monument. This is an awesome opportunity to live in one unit while collecting rental income from the other. Come check out this Opportunity!
$109,250
333 Avenue Millinocket, ME 04462
- Type:
- Multi-Family
- Sq.Ft.:
- 1,464
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1902
- Baths:
- 2.00
- MLS#:
- 1590128
View additional info
Courtesy: RE/MAX Collaborative
207-403-9125
ADDITIONAL INFORMATION
SELLERS ARE OFFERING A GENEROUS SELLERS CREDIT TOWARDS BUYER CLOSING EXPENSES FOR ALL AGEED UPON OFFERS PRIOR TO NOVEMBER 1. BACK ON MARKET DUE TO BUYERS FAILED FINANCING- AT NO FAULT OF THE SELLER Do not miss this instant equity & instant cashflow opportunity at the foot Baxter. This turn-key duplex is conveniently located near downtown Millinocket. Both units are fully rented at market rents with flawless payment history. The building appraised at almost 15% over ask price less than a year ago. The boiler in the unit has been serviced annually. Both apartments are two bedrooms, one bath with an expandable space that could be converted into a studio. Although the property has been well maintained, there is plenty of opportunity for value adds. Schedule a showing today as the seller will take it off the market in November if it does not reach a contract.
$219,900
235 Street Millinocket, ME 04462
- Type:
- Multi-Family
- Sq.Ft.:
- 3,485
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1970
- Baths:
- 4.00
- MLS#:
- 1589873
- Subdivision:
- No
View additional info
Courtesy: Acres Away, Inc.
207-794-2700
ADDITIONAL INFORMATION
9% CAP Rate at only 75% occupancy! Three immaculate residential units with attached Retail/Commercial space. The Katahdin House is a multi-use building ideally situated along the Baxter State Park southern access road and boasts 3, 2 & 1 bedroom apartments that are currently leased or avail, as well as, a currently available 1025 sq. ft. attached commercial or retail space. The fully furnished residential units have also previously been used as short term rentals via Airbnb with extra bedding and linens included for potential future AirBnb rentals. Top floor fully furnished 3 bedroom unit is 1,300 sq. ft., full bath, spacious kitchen, and living room. Fully covered stairwell provides access with amply sized landing before entering by large closet with full hook ups for a W/D. Ground floor fully and tastefully furnished 1 bedroom and unfurnished 2 bedroom units with full baths are accessed via a common space vestibule. Attached 1,025 sq. ft. commercial or retail space with unfinished half bath has existing built-in counter space and moveable showcase. 18' high signpost is ready for the new business' signage. The property sits at the edge of town and highly visible along the Katahdin Woods Scenic Byway and gateway to Baxter S.P., the Debsconeag Wilderness Area, West Branch of the Penobscot River, Pemadumcook lakes and the Allagash Wilderness. The location is also a short drive to the newly established KW&W National Monument and town amenities are just minutes away. Recreational enthusiasts and Artists are year-round visitors here and pass by this highly visible location toward their destinations. Hikers, fisherman, campers, boaters, white water adventurers, nature lovers, cyclists and snowmobilers all flock here. Excellent opportunity to start your own business or, relocate an existing one to a tranquil area while occupying one of the units or, as an investment property within a revitalized community. ATV and snowmobile access right from your own front door
Millinocket Real Estate
The median home value in Millinocket, ME is $136,000. This is lower than the county median home value of $227,800. The national median home value is $338,100. The average price of homes sold in Millinocket, ME is $136,000. Approximately 72.03% of Millinocket homes are owned, compared to 12.36% rented, while 15.61% are vacant. Millinocket real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Millinocket real estate agent to arrange a tour today!
Millinocket, Maine has a population of 4,127. Millinocket is less family-centric than the surrounding county with 13.07% of the households containing married families with children. The county average for households married with children is 26.71%.
The median household income in Millinocket, Maine is $40,755. The median household income for the surrounding county is $55,125 compared to the national median of $69,021. The median age of people living in Millinocket is 57.4 years.
Millinocket Weather
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 3.6 degrees. The average rainfall is approximately 43.6 inches per year, with 89.4 inches of snow per year.