Old Town ME Multi Family for Sale
$239,000
96 Street Old Town, ME 04468
- Type:
- Multi-Family
- Sq.Ft.:
- 2,736
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 1606376
View additional info
Courtesy: EXP Realty
888-439-8743
ADDITIONAL INFORMATION
Welcome to 96 Bosworth Street, a unique investment opportunity located in the heart of Old Town, Maine. This multi-unit property offers endless potential, whether you're an investor seeking rental income or a homeowner looking for additional revenue streams. With two separate units, this versatile property is ideal for multi-generational living or as a profitable rental opportunity. Unit 1 has an eat-in kitchen, laundry room, living room, five bedrooms and two full bathrooms. Unit 2 has a combined eat-in kitchen and laundry as well as a comfortable living area, four bedrooms and one full bathroom, conveniently located to serve the living area and bedrooms. Outside, there is a grassy front yard and a long driveway with plenty of parking, for residents. Located just minutes from local schools, shopping, and the University of Maine, this property is well-positioned for those looking to rent to students or professionals. With the university nearby, the demand for rental housing is high, making this an excellent opportunity for steady rental income. Whether you're looking to live in one unit and rent the other or fully rent out both, this property offers flexibility, potential, and a prime location. Don't miss out on this incredible investment opportunity in Old Town. Contact us today to schedule your showing!
$230,000
371 Street Old Town, ME 04468
- Type:
- Multi-Family
- Sq.Ft.:
- 3,168
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 1590120
View additional info
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-942-6711
ADDITIONAL INFORMATION
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.
Old Town Real Estate
The median home value in Old Town, ME is $270,000. This is higher than the county median home value of $227,800. The national median home value is $338,100. The average price of homes sold in Old Town, ME is $270,000. Approximately 52.66% of Old Town homes are owned, compared to 31.91% rented, while 15.42% are vacant. Old Town 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 Old Town real estate agent to arrange a tour today!
Old Town, Maine has a population of 7,415. Old Town is more family-centric than the surrounding county with 31.37% of the households containing married families with children. The county average for households married with children is 26.71%.
The median household income in Old Town, Maine is $43,474. 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 Old Town is 36.7 years.
Old Town Weather
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 42.4 inches per year, with 69.1 inches of snow per year.