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Adam Dow

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

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28 Bodwell St , Old Town, ME 04468
$250,000
Est. Payment: $555.56/mo
0 Bed
3 Bath
1552 Sqft
Status: Active | Days on site: 36
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2742 - 018400
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House Description

Opportunity knocks in the heart of Old Town! This well-maintained two-unit property offers flexibility for investors and owner-occupants alike. The first-floor unit features 2-3 bedrooms, 1.5 bathrooms, and is currently owner-occupied, providing spacious living with strong rental potential estimated at approximately $1,600-$1,800 per month. The second-floor unit offers 1-2 bedrooms and 1 full bathroom and is currently rented below market value, creating an opportunity for future income growth. Each unit enjoys its own private entrance, dedicated parking area, and separate electrical meter. Tenants benefit from included heat, hot water, and public sewer, while a shared front porch, small backyard, and storage shed add to the property's appeal. Conveniently located just minutes from the University of Maine, downtown Old Town, shopping, restaurants, and local employers, this property is well-positioned to attract both students and long-term tenants. Whether you're looking to live in one unit while offsetting your mortgage with rental income or expand your investment portfolio with a turnkey multifamily property, 28 Bodwell Street offers versatility, income potential, and financing options that should qualify for VA, FHA, USDA, and conventional loan programs.

Highlights

Listed by Jason Edwards , 207-356-8206 EXP Realty , 888-439-8743.

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1890

County

Penobscot

Listing ID

1672598

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:2
Appliances:Internet Access Available
Floor:Laminate,Tile,Wood
Above Ground Sq Ft:1552
Below Ground Sq Ft:0
Basement:Interior Entry,Full,Unfinished
Other:
  • Additional:1st Floor Primary Bedroom w/Bath, Shower, Storage, Primary Bedroom w/Bath
Water:Public

Exterior Features

Lot:Intown,Near Turnpike/Interstate,Neighborhood,Level,Open Lot
Zoning:R-2
Roof:Shingle
Sewer:Public Sewer
Parking Features:Gravel,Paved,1 - 4 Spaces,On Site,Assigned
Principal Interest
$556
Taxes
$299

Home Price

$250,000

Loan Details

30 yrs
%

Down Payment

20%
$50,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $555.56 $298.83 $0.00 $854.39
Yearly $6,666.67 $3,586.00 $0.00 $10,252.67
Total $200,000.00 $107,580.00 $0.00 $307,580.00

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 (Old Town, 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.