$325,000

House for sale Orono
Property photo number 1 of 16 Photos for Property. File  105559616_29_f38fbb9ed41b9e47bdb20ee659d6d136.jpeg

Overview

SUMMARY: Discover an opportunity with this Orono house for sale and available for $325,000. This could be your next ideal home or a smart investment. More details await.
Solid, income-producing 3-unit on Penobscot Street in Orono, with the big-ticket updates already done. A new heating and hot-water boiler (2024) and a roof replaced in 2016 headline the improvements, along with all-new toilets, updated plumbing, and a new sewer line -- so the next
owner inherits updated mechanicals instead of a deferred-maintenance list. Each of the three units has its own in-unit laundry. The location keeps demand strong: just minutes from the bus line, Webster Park, and the University of Maine, with water views of the Penobscot River. The unit mix -- two 2-bedroom units and a 1-bedroom -- gives you flexibility to occupy one and rent the others or run all three. Updated systems, a proven rental location, and room to optimize rents make this a great portfolio addition.
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Details

  • Baths: 3
  • Price: $325,000
  • Reference No.: 96007978
  • Area: 3,676 sqft

Location

Marketed by:

  • Kate Dawson
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