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Adam Dow

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

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143 Main St , Orono, ME 04473
$384,500
Est. Payment: $854.44/mo
4 Bed
4 Bath
2940 Sqft
Status: Active | Days on site: 9
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1976 - 008435
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House Description

A rare opportunity to restore and reimagine a classic Main Street Colonial in the heart of Orono. Set on an unusually spacious ¾-acre in-town lot with approximately 150 feet of road frontage, this four-bedroom, 2.5-bath home offers ample off-street parking, hot-water baseboard heat, and a new roof installed in 2025. Currently leased through June 2027 and registered with the town, the property has an excellent rental history and offers immediate income with exciting possibilities for the future. Continue its use as an investment property or thoughtfully renew it as a distinctive owner-occupied home after the existing lease ends. The house needs TLC, but its traditional character, generous lot, and central location provide a wonderful foundation for preservation-minded buyers who appreciate the value of restoring an older home. Priced well below its tax-assessed value, this is an opportunity to bring new life to a Main Street property and help preserve the architectural character of downtown Orono. Property is currently leased through May 2027. Showings will be very limited, buyers must be pre-qualified, and seller's broker will be present.

Highlights

Listed by Scott Thomas , 207-866-2299 Maine Discount Realty , 207-866-2299.

Property Type

Residential

Lot/Acreage
0.76

Year Built

1830

County

Penobscot

School District

Rsu 26

Listing ID

1679538

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Floor:Carpet,Vinyl,Ceramic Tile,Hardwood,Linoleum
Above Ground Sq Ft:2940
Below Ground Sq Ft:0
Basement:Bulkhead,Interior Entry,Full,Unfinished
Other:
  • Additional:1st Floor Bedroom, Bathtub, Shower
Water:Public

Exterior Features

Lot:Intown,Near Country Club,Near Golf Course,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Shopping Mall,Level,Sidewalks,Landscaped,Wooded,Near Public Transit
Zoning:MDR
Roof:Fiberglass,Shingle
Sewer:Public Sewer
Parking Features:Gravel,Paved,5 - 10 Spaces,On Site,Off Street,Storage
Principal Interest
$854
Taxes
$716

Home Price

$384,500

Loan Details

30 yrs
%

Down Payment

20%
$76,900
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:
$854.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $854.44 $715.92 $0.00 $1,570.36
Yearly $10,253.33 $8,591.00 $0.00 $18,844.33
Total $307,600.00 $257,730.00 $0.00 $565,330.00

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 (Orono, 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.