Multi-Family for Sale: 371 Main Street, Old Town, ME 04468

2 full, 2 half baths
$230,000
$230,000
371 Main Street, Old Town, ME 04468
2 full, 2 half baths
$230,000
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Price:
$230,000
$5,000 - 07/27/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Colonial, Multi-Level, Federal
Total Baths 2 full, 2 half baths
Square Feet 3,168 sqft
Lot Size 0.30 acres
Year Built 1900
Taxes Paid $3,182
City Old Town
County Penobscot
MLS 1590120
Status Active
DOM 171 days
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.

Room Features

Basement Description Brick/Mortar, Walk-Out Access, Unfinished, Full, Daylight

Lot & Building Features

Cooling Other
Tax Year 2022
Taxes Paid $3,182

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Half Baths 1
Unit 1 of Rooms 7
Unit 2 Full Baths 1
Unit 2 Half Baths 1
Unit 2 of Bedrooms 4
Unit 2 of Rooms 7

Price History of 371 Main Street

Date Name Price Difference
07/27/2024 Price Adjustment $230,000 2.13%
06/03/2024 Price Adjustment $235,000 4.08%
05/18/2024 Listing Price $245,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 371 Main Street, Old Town, ME

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Photo of Nancy Zeimetz
Nancy Zeimetz
Associate Broker
Direct: 603-290-5550
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Better Homes & Gardens Real Estate/The Masiello Group, Gary Jordan 207-942-6711
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6.75%
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371 Main Street (MLS #1590120) is a colonial, multi-level, federal multi-family listing located in Old Town, ME. This multi-family listing is 3,168 sqft and on a lot of 13,068 sqft (or 0.30 acres) and is 124 years old. This property was listed on 05/18/2024 and has been priced for sale at $230,000.

Nearby zip codes are 04411, 04428, 04457, 04461 and 04473. This property neighbors other cities such as Bradley, Eddington, Milford and Orono.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.