BATHS2 full
SQUARE FEET4,464
MLS#1639544
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99± acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion.Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or investors looking for immediate cash flow.The lower level was previously used as a general store and lunch counter but is now a blank slate, ready to be reimagined. With proper approvals, this space could be converted into additional rental units, a workshop, studio space, or a live/work setup, depending on your vision.Whether you're looking to expand your rental portfolio, start a small business, or create a custom living space, 340 Main Road offers flexibility and value in a rural setting.
Property Features
Property Type: Multi Unit - Multiple
Basement: Not Applicable
Heating: Forced Air, Other
Home Style: Other
Lot Size: 1.99 Acres
Roof Type: Shingle
Taxes: $3,376
Year Built: 1984
Feature Descriptions
Electric: Circuit Breakers
Flooring: Carpet, Concrete, Laminate, Vinyl
Sewer: Private Sewer, Septic Design Available, Septic Tank
SQ FT Above Grade: 4464
SQ FT Below Grade: 0
Water: Private, Well
Listed By / Shown By
Listed By
Agency Name: NextHome Experience
Agency Phone: 207-573-7400
Agent Name: Chelsea Ireland
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,109.50 per month $732.21 Principal & Interest $281.33 Property Tax $95.96 Homeowner's Insurance
340 Main Road | MLS# 1639544
This multi-family property located at 340 Main Road, Passadumkeag, ME 04475 is currently listed for sale with an asking price of $329,000. Search Passadumkeag real estate on www.masiellogrouprealestate.com today.