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Monet Yarnell

monet@sell207.com +1(207) 461-4740

Listed by Beverly Weaver NextHome Experience

$324,900

Est. payment - /mo

2 Baths

1,440 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $225

MLS Listing ID 1667826

Style Duplex

Full Baths 2

HOA Y/N No

Year Built 1993

Tax Year 2025

Lot Size 3.170 Acres

Acres 3.17

Source Maine Listings

Land Area 1440

Property Description

Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Both units are currently rented, providing immediate income potential for investors or those looking to expand their portfolio. The current owner covers heat and internet; however, because each unit has its own separate heating system, heat could easily become a tenant-paid expense, improving your return on investment. Situated in a peaceful country setting, this property offers the perfect balance of privacy and convenience with easy access to the interstate for commuting and travel. The generous acreage and ample road frontage provide the potential for future development, including the possibility of adding another home (subject to local approval). Whether you're seeking a turnkey investment or a property with room for growth, this Newport duplex is worth a closer look. All appliances, including washer and dryers, are included!

Location

State ME

County Penobscot

Zoning Rural

Direction GPS will take you to correct home

Rooms

Other Rooms Outbuilding, Shed(s)

Basement Exterior Entry, Dirt Floor

Interior

Interior Features 1st Floor Bedroom, One-Floor Living

Heating Oil, Baseboard, Heat Pump, Hot Water

Cooling Heat Pump

Flooring Tile, Vinyl

Laundry Main Level

Exterior

Parking Features Paved, 1 - 4 Spaces, Off Street

View Trees/Woods

Roof Type Shingle

Porch Deck

Garage No

Building

Lot Description Near Turnpike/Interstate, Near Town, Rural, Level, Wooded

Foundation Poured Concrete

Water Well

Architectural Style Ranch

Others

Tax ID NEPT-000003-000000-000027

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Nearby School & Business

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Phone

+1(207) 461-4740

monet@sell207.com

Address

111 High St, Belfast, ME

48 Palmer RD Newport, ME 04953