BATHS3 full
SQUARE FEET3,676
MLS#1671578
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Solid, income-producing 3-unit on Penobscot Street in Orono, with the big-ticket updates already done. A new heating and hot-water boiler (2024) and a roof replaced in 2016 headline the improvements, along with all-new toilets, updated plumbing, and a new sewer line -- so the next owner inherits updated mechanicals instead of a deferred-maintenance list. Each of the three units has its own in-unit laundry. The location keeps demand strong: just minutes from the bus line, Webster Park, and the University of Maine, with water views of the Penobscot River. The unit mix -- two 2-bedroom units and a 1-bedroom -- gives you flexibility to occupy one and rent the others or run all three. Updated systems, a proven rental location, and room to optimize rents make this a great portfolio addition.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bulkhead, Crawl Space, Partial, Unfinished
Garage: 1
Heating: Gas Bottled, K-1/Kerosene, Propane, Baseboard, Forced
Home Style: Colonial
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $5,175
Year Built: 1836
Feature Descriptions
Amenities: 1st Floor Bedroom, Attic, Bathtub, Main Level, Upper Level, Washer Hookup, One-Floor Living, Shower, Storage
Electric: Circuit Breakers, Fuses
Exterior: Wood Frame, Metal Clad
Flooring: Carpet, Vinyl, Wood, Painted/Stained
Foundation: Granite
Lot: Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Open Lot, Sidewalks, Near Public Transit
Parking: Gravel,5 - 10 Spaces, On Site, Garage Door Opener, Detached
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 3676
SQ FT Below Grade: 0
Water: Public
Water Body Name: Penobscot River
Listed By / Shown By
Listed By
Agency Name: ERA Dawson-Bradford Co.
Agent Name: Katherine Dawson
Agency Phone: 207-947-6788
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,249.35 per month $723.31 Principal & Interest $431.25 Property Tax $94.79 Homeowner's Insurance
22 Penobscot Street | MLS# 1671578
This multi-family property located at 22 Penobscot Street , Orono, ME 04473 is currently listed for sale with an asking price of $325,000. Search Orono real estate on www.masiellogrouprealestate.com today.