See all 23 photos

Listed by Adrian Nadeau ERA Dawson-Bradford Co.
Bought with Stephanie Henry NextHome Experience

$1,490,000

$1,499,999 0.7%

Est. payment - /mo

23,815 SqFt

Sold on 06/30/2026

97 Penobscot AVE Millinocket, ME 04462

GET MORE INFORMATION

Elevate Maine Realty

Broker | License ID: AL90603848

+1(207) 331-4565

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

UPDATED:

Key Details

Sold Price $1,490,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 23,815 sqft

Price per Sqft $62

MLS Listing ID 1620291

Sold Date 06/30/26

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, Slab, Full, Partial, Unfinished

Interior

Heating Oil, Baseboard, Blowers, Hot Water, Zoned

Cooling None

Flooring Carpet, Laminate, Vinyl

Exterior

Parking Features Gravel, Paved, 1 - 4 Spaces, 5 - 10 Spaces, 11 - 20 Spaces, 21+ Spaces, On Site

Utilities Available Utilities On

Roof Type Metal,Pitched,Shingle

Garage No

Building

Lot Description Intown, Neighborhood, Other, Level, Open Lot, Rolling Slope, Sidewalks

Entry Level Multi-Level

Foundation Stone, Poured Concrete, Slab

Water Private, Public

Architectural Style Other

Others

Tax ID MLNK-000005-000000-000216U

Nearby Locations

Please Contact Me For More Information.