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Listed by Augustine Ofili ERA Dawson-Bradford Co.
$279,900
Est. payment /mo
1,500 SqFt
Active
916 Main ST Old Town, ME 04468
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $186
MLS Listing ID 1670360
HOA Y/N No
Year Built 1900
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Source Maine Listings
Land Area 1500
Property 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.
Location
State ME
County Penobscot
Zoning Residential
Rooms
Basement Not Applicable, Slab
Interior
Heating Gas Natural, Baseboard
Cooling None
Flooring Vinyl
Exterior
Parking Features Gravel, 5 - 10 Spaces
Roof Type Shingle
Garage No
Building
Lot Description Near Shopping, Open Lot
Water Public
Architectural Style Contemporary
Others
Tax ID OLDN-000030-000000-000004
NEARBY SCHOOL & BUSINESS
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