Photos
$280,000
MLS: 18015-010641
0.16 Acres
2,100 SqFt
5 beds
2.0 baths
Located in the heart of Old Town and just minutes from the University of Maine, this well-maintained 2-unit apartment building offers the perfect blend of investment potential and personal use. Whether you're a first-time homebuyer looking to offset your mortgage with rental income, or a parent seeking safe, affordable housing for your student, this is a smart and versatile opportunity.
The spacious first-floor unit features 3 bedrooms and 1 full bath, complete with a washer and dryer, making it move-in ready for an owner-occupant or tenant. The second-floor unit offers 2 bedrooms and 1 bath, ideal for additional rental income or student housing.
Enjoy a paved driveway and ample off-street parking for both units. Many of the property's major systems have been updated over the years, giving peace of mind to buyers. The building is in great condition and shows pride of ownership throughout.
With the University so close, rental demand in the area is strong and steady. This is a rare chance to build equity, reduce monthly housing costs, and own a property in one of Old Town’s most convenient locations.
Peter McPhail
