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Listed by Adrian Nadeau ERA Dawson-Bradford Co.

$1,499,999

Est. payment - /mo

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23,815 SqFt

Active Under Contract

97 Penobscot AVE Millinocket, ME 04462

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Elevate Maine Realty

info@elevatemaine.com +1(207) 331-4565

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Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 23,815 sqft

Price per Sqft $62

MLS Listing ID 1620291

HOA Y/N No

Tax Year 2024

Lot Size 2.350 Acres

Acres 2.35

Source Maine Listings

Land Area 23815

Property Description

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.

Location

State ME

County Penobscot

Zoning R14*

Direction Multiple properties for one listing. GPS Friendly, In Millinocket to 97 Penobscot Avenue, 40 Aroostook Avenue, 527 Penobscot Avenue, 2 Station Road, and 20 Cherry Street.

Body of Water Millinocket Stream

Rooms

Basement Interior Entry

Interior

Heating Baseboard, Blowers, Hot Water, Zoned

Cooling None

Flooring Carpet, Laminate, Vinyl

Exterior

Utilities Available Utilities On

Roof Type Metal,Pitched,Shingle

Garage No

Building

Entry Level Multi-Level

Water Private, Public

Architectural Style Other

Others

Tax ID MLNK-000005-000000-000216U

Nearby Locations

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA