UPDATED:
Key Details
Property Type Residential
Sub Type Single Family Residence
Listing Status Active
Square Footage 1,599 sqft
MLS Listing ID 1631188
Style Colonial
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,599
Year Built 1960
Annual Tax Amount $4,998
Tax Year 2024
Lot Size 1.420 Acres
Acres 1.42
Property Sub-Type Single Family Residence
Source Maine Listings
Land Area 1599
Property Description
Orono, Maine | 4 Bed | 2 Bath | 2 Bonus Rooms | 1.42 Acres | 1,599 Sq Ft
Located just 5 minutes from the University of Maine in Orono, this spacious and versatile home offers strong investment potential, a flexible layout, and a rare 1.42-acre lot. Whether you're looking to expand your rental portfolio or settle into a well-positioned residence, this property has the features and location to deliver.
Property Highlights:
4 Bedrooms & 2 Full Bathrooms: Generous bedroom space ideal for student housing, roommates, or family living.
2 Additional Bonus Rooms: Use as home offices, workout spaces, media rooms, or private study areas — plenty of options to suit your lifestyle or rental setup.
1,599 Sq Ft of Living Space: Functional layout that balances private and communal areas for comfortable everyday use.
Large 1.42-Acre Lot: A rare find in-town with room for outdoor living, privacy, or possible future improvements.
Established Rental Use: Currently utilized as a rental property for UMaine students, offering excellent income potential for investors or owner-occupiers.
Prime Location: Close to campus, downtown Orono, restaurants, and Route 2 — easy access for students, faculty, and professionals alike.
Investment & Lifestyle Options:
Maintain as a reliable college rental with strong demand
Live-in owner setup with space for roommates or family
Whether you're seeking steady rental income or a flexible home base in a thriving university town, this Orono property delivers both opportunity and value.
Schedule your showing today and see the potential for yourself!
Location
State ME
County Penobscot
Zoning Residential
Rooms
Basement Interior, Full, Unfinished
Master Bedroom First
Bedroom 2 Second
Bedroom 3 Second
Bedroom 4 First
Living Room First
Kitchen First
Interior
Heating Forced Air
Cooling None
Flooring Other, Laminate, Carpet
Fireplace No
Appliance Washer, Refrigerator, Microwave, Gas Range, Dishwasher
Exterior
Parking Features 1 - 4 Spaces, Gravel, On Site, Detached
Garage Spaces 1.0
View Y/N No
Roof Type Shingle
Garage Yes
Building
Lot Description Open, Intown, Near Turnpike/Interstate
Sewer Private Sewer
Water Public
Architectural Style Colonial
Structure Type Other,Clapboard,Wood Frame
Others
Energy Description Propane
