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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1118 Exeter Rd , Exeter, ME 04435
$299,900
Est. Payment: $666.44/mo
0 Bed
3 Bath
1500 Sqft
Status: Active | Days on site: 84
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3575 - 025014,010866
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House Description

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.

Highlights

Listed by Kael McCarthy , 207-441-8294 and Cynthia Quimby , 207-270-0267 RE/MAX Infinity , 207-695-2945.

Property Type

Multi-Family

Lot/Acreage
9

Year Built

1865

County

Penobscot

School District

Msad 46

Listing ID

1664049

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Wood,Hardwood
Above Ground Sq Ft:1500
Below Ground Sq Ft:0
Basement:Interior Entry,Slab
Other:
  • Additional:1st Floor Bedroom, Shower, Storage
Water:Private,Well

Exterior Features

Lot:Rural,Agricultural,Farm,Open Lot,Pasture
Zoning:Residential
Roof:Metal,Shingle
Sewer:Private Sewer,Septic Tank
Parking Features:Gravel,5 - 10 Spaces,Detached
Principal Interest
$666
Taxes
$183

Home Price

$299,900

Loan Details

30 yrs
%

Down Payment

20%
$59,980
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Monthly Price:
$666.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.44 $183.33 $0.00 $849.78
Yearly $7,997.33 $2,200.00 $0.00 $10,197.33
Total $239,920.00 $66,000.00 $0.00 $305,920.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Exeter, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.