Mapleton, ME 04757 (MLS # 1678795)

Price $299,000
Status Active
Beds 0
Baths 5 Baths
Home size 2,840 sqft
Lot Size 41,818 sqft
Exceptional investment opportunity with multiple income streams! This 4-unit apartment building is situated on just under an acre of land and includes a 1-car garage. Also offering an outdoor recreation area with a fire pit and picnic area as well as access to the North branch of the Presque Isle stream that borders the property. With direct access to the ATV/Snowmobile trail, plenty of parking and a gas station/convenience store across the street yet only 10 minutes from Presque Isle. The property offers a desirable mix of short-term rental and traditional market rental opportunities, along with the flexibility for an owner-occupant to live in one unit while generating income from the others. The first floor features two recently renovated and fully furnished units currently operating as Airbnb/short-term rentals. The larger unit offers 3 bedrooms and 1.5 baths, a spacious living room, washer and dryer, dishwasher, and a back deck for added outdoor living space. The second first-floor unit features 2 bedrooms and 1 bath and has also been recently renovated and comes fully furnished with its own washer and dryer. The second floor consists of two 1-bedroom apartments currently utilized as market rentals. One unit has been renovated, while the other provides an opportunity for future improvements and added value. The 3-bedroom unit is heated with a forced hot air furnace, while the remaining units are heated with electric heat. Whether you're an investor looking to diversify your portfolio or a buyer seeking a unique homeownership opportunity, this property offers plenty of flexibility. Live in one of the units and rent the remaining apartments to help offset the expenses of homeownership while building equity. Continue the successful short-term rental setup, maintain the long-term rentals, or explore a combination that works best for your goals. A versatile property with income potential and plenty of opportunity!
Property Type(s): Multi Family
Last Updated 9/2/2026 Year Built 0
Garage Spaces 1.0 County Aroostook

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
BASEMENT Interior Entry, Unfinished, Yes
CONSTRUCTION Frame, Vinyl Siding
GARAGE Yes
HEAT Baseboard, Electric, Forced Air, Oil
LOT 0.96 acre(s)
LOT DESCRIPTION Level, Open Lot
LOT DIMENSIONS 0.96
MLS STATUS Active
PARKING On Site, Garage Door Opener, Detached
SEWER Public Sewer
STYLE New Englander
TAXES 1790
UTILITIES Natural Gas Not Available
VIEW Yes
VIEW DESCRIPTION Water
WATER Private, Well
WATER ACCESS Presque Isle Stream
WATERFRONT Yes
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