16 Penobscot ST Save Request In-Person Tour Request Virtual Tour
Orono,ME 04473
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Square Footage 1,979 sqft
Price per Sqft $138
MLS Listing ID 1620947
Style Colonial,New Englander
Full Baths 2
Year Built 1900
Annual Tax Amount $4,336
Tax Year 2024
Lot Size 9,583 Sqft
Property Description
Check out this great investment property in Orono featuring off-street parking and a 0.22-acre corner lot with scenic river views. . This 4BR/2BA duplex is a smart addition to any portfolio, currently tenant-occupied and generating income from day one.
Each spacious unit offers 2 bedrooms and 1 bath, with bright, comfortable living spaces. The property is well maintained. The spacious, nicely sized backyard is perfect for gardening, entertaining, or simply relaxing outdoors. The yard backs up to active rail tracks, offering a unique backdrop with the occasional passing train adding character and a touch of nostalgia. Whether you're enjoying a quiet evening under the stars or hosting a weekend barbecue, this outdoor space provides both privacy and potential. A great opportunity for buyers looking for value and a distinctive setting!
Additional highlights include a durable metal roof and a prime location, conveniently located close to the University of Maine, shopping and dining. Whether you're an investor or looking to offset your mortgage with rental income, this property checks all the boxes. Call today to schedule a time to see this home.
Location
State ME
County Penobscot
Zoning RES
Interior
Heating Zoned,Hot Water,Baseboard
Cooling None
Flooring Laminate,Carpet
Equipment Internet Access Available
Laundry Washer Hookup
Exterior
Parking Features 1 - 4 Spaces,Gravel,Off Street
Utilities Available 1
View Y/N Yes
View Trees/Woods,Scenic
Roof Type Metal,Pitched
Building
Lot Description Open,Level,Intown,Near Shopping,Neighborhood
Story 2
Foundation Stone,Granite,Other
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1620947