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Exceptional investment or owner-occupant opportunity in the heart of Old Town! This well-maintained duplex offers the perfect chance to live in one unit while generating income from the other--let your tenant help pay the mortgage. Ideally located just 5 minutes from the University of Maine and only one minute from local grocery stores, shopping, and everyday conveniences, this property offers both comfort and convenience. The main unit features 2 bedrooms and 1 full bathroom, a nicely updated kitchen with space for dining, and a spacious, inviting living room. The second unit, situated above the garage, offers 1 bedroom, 1 bathroom, and a generously sized living area--perfect for rental income or extended living space. Set on a generous 0.37-acre lot, the property also includes a heated 2-car garage--uncommon for most rentals in the area and ideal for Maine winters. Completely renovated down to the studs in 2016, this property was thoughtfully updated with no expense spared. Improvements include all new plumbing, electrical (with new panel), insulation (including the attic), shingles, furnace, vinyl siding, and Andersen windows throughout most of the home. With a steady and consistent rental history--comprised of reliable, long-term tenants rather than student housing--this property offers stability and peace of mind for investors. This is a true turnkey opportunity for those looking to generate income or offset their living expenses. Don't miss your chance to own a solid, income-producing property in a prime location!
Property Type(s):
Multi Family
| Last Updated | 4/15/2026 | Year Built | 1970 |
|---|---|---|---|
| Garage Spaces | 2.0 | County | Penobscot |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Interior Entry, Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Baseboard, Hot Water |
| LOT | 0.37 acre(s) |
| LOT DIMENSIONS | 0.37 |
| MLS STATUS | Active |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Ranch |
| TAXES | 4144 |
| WATER | Public |
Listing provided by NextHome Experience
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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