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Multi-FamilyMEOld Town04468916 Main Street, Old Town, ME, 04468

916 Main Street, Old Town, ME, 04468

916 Main Street, Old Town, ME, 04468
2 baths
$317,500
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Basics

  • Date added: Added 6 months ago
  • Category:
  • Status:
  • Bathrooms: 2
  • Lot size: 0.14 sq ft
  • Year built: 1900
  • Bathrooms Full: 2
  • Lot Size Acres: 0.14 acres
  • Zoning: Residential
  • County: Penobscot
  • MLS ID: 1639805

Description

  • Description:

    Welcome to 916 Main Street, a fully rehabbed duplex offering a great opportunity for both homeowners and investors. This property may qualify for FHA/CONV/VA financing, allowing a buyer to live in one unit while renting the other to help offset the mortgage payment a powerful way to begin building wealth through real estate while lowering your monthly housing costs.

    Completely taken down to the studs and thoughtfully rebuilt, this duplex offers modern, efficient living just minutes from campus. Each unit features a smart layout with updated kitchens, stylish bathrooms, and fresh finishes throughout.

    The property was upgraded with spray foam insulation and electric baseboard heat, helping keep utility costs efficient while maintaining year-round comfort. Both units also feature private entrances, giving occupants added privacy and independence.

    Tenants pay their own electricity, while public water, sewer, and trash are included, helping keep operating costs predictable for the owner.

    Located just minutes from the University of Maine, this duplex sits in a strong rental market with consistent demand from students and long-term tenants alike. Whether you're looking to house-hack your first property or add a solid duplex to your portfolio, 916 Main Street offers flexibility, efficiency, and long-term potential.

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Location

Building Details

  • Building Area Total: 1500 sq ft
  • Number Of Units Total: 2
  • Construction Materials: Wood Siding, Wood Frame
  • Architectural Style: Contemporary
  • Sewer: Public Sewer
  • Heating: Baseboard
  • Roof: Shingle
  • Foundation Details: Slab
  • Basement:

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Vinyl
  • Parking Features: 5 - 10 Spaces, Gravel
  • WaterSource: Public
  • Lot Features: Open, Near Shopping
  • Cooling: None

Fees & Taxes

  • Gross Income: $34,800

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: ERA Dawson-Bradford Co.

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Mobile: 207-404-3368
Office: 207-942-6310

458 Main Street
Bangor, ME 04401
LICENSE #BA928013
Professional Accreditations
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