97 Penobscot Avenue

Millinocket, ME 04462
Square Ft.
23,815
$1,499,999
32 UNITS in FIVE Separate buildings located in Millinocket, Maine plus a spare lot for extra parking. Opportunity to expand your real estate holdings, in an area known for its various recreational activities. Live in one of the units while managing the others. All within a two mile radius of each other. Rental amounts for each building with spreadsheet are included in the attachments. All buyers are to sign a confidentiality agreement for detailed financials. (Possible Seller financing available with 20% down payment, For a qualified buyer), Vacant apartments available to increase your cash flow! Add these 32 units to your portfolio.
Market LogoCourtesy of ERA Dawson-Bradford Co. 207-947-6788
Listing Snapshot
Days Online
265
Last Updated
Square Ft.
23,815
Lot Size
2.35 Acres
Year Built
9999
MLS Number
1620291
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Partial", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 23,815, Construction Materials: "Wood Siding", "Vinyl Siding", "Concrete", "Masonry", "Wood Frame", Year Built: 9999
Cooling
Cooling: "None"
Expenses
Operating Expense: $0
Floors
Flooring: "Vinyl", "Laminate", "Carpet"
Foundation
Foundation Details: "Stone", "Concrete Perimeter", "Slab"
Water Features
Water Body Name: Millinocket Stream, Waterfront Property
Heating
Heating: "Zoned", "Hot Water", "Blowers", "Baseboard", Heating Included
Income
Gross Income: $0
Lot
Features: "Other Location", "Rolling/Sloping", "Open", "Level", "Sidewalks", "Intown", "Neighborhood", 2.35 acres, Area: 2.35, 102,366 square feet
Owner Pays
Owner Name: Magic City Prop/Brian Lowry
Parking
Features: "11 - 20 Spaces", "21+ Spaces", "1 - 4 Spaces", "5 - 10 Spaces", "Gravel", "Paved", "On Site"
Property
Parcel Number: MLNK-000005-000000-000216U, Zoning: R14*
Roof
Roof: "Metal", "Pitched", "Shingle"
Sewer
Sewer: "Septic Tank", "Private Sewer", "Public Sewer"
Taxes
Annual Amount: $4,888, Tax Lot: 216*
Utilities
Electric: "Circuit Breakers", Water Source: "Private", "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04462
$265k
+200%
(avg) sold price
4
-20%
homes sold
128
+17%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.