Orono, ME 04473,16 Penobscot ST
Orono, ME 04473,16 Penobscot ST
Orono, ME 04473,16 Penobscot ST
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Listed by Signature Group Real Estate
$274,900
2 Baths
1,979 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Square Footage 1,979 sqft

MLS Listing ID 1620947

Style Colonial,New Englander

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,979

Originating Board Maine Listings

Year Built 1900

Annual Tax Amount $4,336

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

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

Body of Water Penobscot

Rooms

Basement Interior, Dirt Floor, Partial, Unfinished

Interior

Interior Features 1st Floor Bedroom, Bathtub

Heating Zoned, Hot Water, Baseboard

Cooling None

Flooring Laminate, Carpet

Equipment Internet Access Available

Fireplace No

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

Street Surface Paved

Porch Deck

Garage No

Building

Lot Description Open, Level, Intown, Near Shopping, Neighborhood

Story 2

Foundation Stone, Granite, Other

Sewer Public Sewer

Water Public

Architectural Style Colonial, New Englander

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions Unknown

Energy Description Oil

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1620947


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