1118 Exeter Road, Exeter, ME 04435 (MLS # 1664049)

Price $299,900
Status Active
Beds 0
Baths 3 Baths
Home size 1,500 sqft
Lot Size 9.00 ac
Income-producing multi-unit property on 9± acres in Exeter, generating approximately 25,000 in annual rental income. Originally built in 1865, with extensive renovations completed in 1985, this historic property includes a 3-bedroom, 1-bath main home along with two separate studio apartment units, each with a full bathroom. The layout offers flexibility for owner occupancy, rental income, additional living space, or continued investment use. The property features a new 22' x 28' garage, a 50' x 60' five-stall horse barn with attached shed, pasture area, pond, and open outdoor space suitable for animals, gardening, recreation, or homestead use. A 14,000-watt solar system adds energy efficiency and helps offset utility costs. With rental income already in place, multiple living spaces, 9± acres, barn space, pasture, pond, garage, and solar, this is a hard-to-find opportunity for buyers seeking a flexible rural Maine property with practical use, historic character, and income potential.
Property Type(s): Multi Family
Last Updated 8/14/2026 Year Built 1865
Garage Spaces 2.0 County Penobscot

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
BARN/EQUESTRIAN Yes
BASEMENT Interior Entry, Yes
CONSTRUCTION Frame, Wood Siding
GARAGE Yes
HEAT Pellet Stove, Propane, Solar, Wood, Wood Stove
INTERIOR Storage
LOT 9 acre(s)
LOT DESCRIPTION Agricultural, Farm, Open Lot, Pasture
LOT DIMENSIONS 9.0
MLS STATUS Active
PARKING Gravel, Detached
POOL DESCRIPTION Above Ground
SEWER Private Sewer, Septic Tank
STYLE Farmhouse
TAXES 2200
VIEW Yes
VIEW DESCRIPTION Scenic, Trees/Woods
WATER Private, Well
Listing provided by RE/MAX Infinity

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.

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