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Adam Dow

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

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22 Penobscot St , Orono, ME 04473
$325,000
Est. Payment: $722.22/mo
0 Bed
3 Bath
3676 Sqft
Status: Active | Days on site: 37
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House Description

Solid, income-producing 3-unit on Penobscot Street in Orono, with the big-ticket updates already done. A new heating and hot-water boiler (2024) and a roof replaced in 2016 headline the improvements, along with all-new toilets, updated plumbing, and a new sewer line -- so the next owner inherits updated mechanicals instead of a deferred-maintenance list. Each of the three units has its own in-unit laundry. The location keeps demand strong: just minutes from the bus line, Webster Park, and the University of Maine, with water views of the Penobscot River. The unit mix -- two 2-bedroom units and a 1-bedroom -- gives you flexibility to occupy one and rent the others or run all three. Updated systems, a proven rental location, and room to optimize rents make this a great portfolio addition.

Highlights

Listed by Katherine Dawson , 207-951-5539 and Catherine Solari , 207-735-7324 ERA Dawson-Bradford Co. , 207-947-6788.

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1836

County

Penobscot

Listing ID

1671578

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Floor:Carpet,Vinyl,Wood,Painted/Stained
Above Ground Sq Ft:3676
Below Ground Sq Ft:0
Basement:Bulkhead,Crawl Space,Partial,Unfinished
Other:
  • Additional:1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower, Storage
Water:Public

Exterior Features

Lot:Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Level,Open Lot,Sidewalks,Near Public Transit
Zoning:Residential
Roof:Shingle
Sewer:Public Sewer
Parking Features:Gravel,5 - 10 Spaces,On Site,Garage Door Opener,Detached
Principal Interest
$722
Taxes
$431

Home Price

$325,000

Loan Details

30 yrs
%

Down Payment

20%
$65,000
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:
$722.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $722.22 $431.25 $0.00 $1,153.47
Yearly $8,666.67 $5,175.00 $0.00 $13,841.67
Total $260,000.00 $155,250.00 $0.00 $415,250.00

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.