Multi-Family for Sale: 333 Penobscot Avenue, Millinocket, ME 04462

2 full baths
$109,250
$109,250
333 Penobscot Avenue, Millinocket, ME 04462
2 full baths
$109,250
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Price:
$109,250
$250 - 10/21/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Multi-Level
Total Baths 2 full baths
Square Feet 1,464 sqft
Lot Size 0.14 acres
Year Built 1902
Taxes Paid $1,021
City Millinocket
County Penobscot
MLS 1590128
Status Active Under Contract
SELLERS ARE OFFERING A GENEROUS SELLERS CREDIT TOWARDS BUYER CLOSING EXPENSES FOR ALL AGEED UPON OFFERS PRIOR TO NOVEMBER 1. BACK ON MARKET DUE TO BUYERS FAILED FINANCING- AT NO FAULT OF THE SELLER Do not miss this instant equity & instant cashflow opportunity at the foot Baxter. This turn-key duplex is conveniently located near downtown Millinocket. Both units are fully rented at market rents with flawless payment history. The building appraised at almost 15% over ask price less than a year ago. The boiler in the unit has been serviced annually. Both apartments are two bedrooms, one bath with an expandable space that could be converted into a studio. Although the property has been well maintained, there is plenty of opportunity for value adds. Schedule a showing today as the seller will take it off the market in November if it does not reach a contract.

Room Features

Basement Description Interior Entry, Unfinished, Partial

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $1,021

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 5

Price History of 333 Penobscot Avenue, Millinocket, ME

Date Name Price Difference
10/21/2024 Price Adjustment $109,250 0.23%
10/07/2024 Price Adjustment $109,500 0.45%
08/07/2024 Price Adjustment $110,000 8.33%
05/18/2024 Listing Price $120,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Sue Diggins
Direct: 603-361-8254
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by RE/MAX Collaborative, Kayli Peterson 207-403-9125
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0.93455377574371%
6.75%
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333 Penobscot Avenue (MLS #1590128) is a multi-level multi-family listing located in Millinocket, ME. This multi-family listing is 1,464 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 122 years old. This property was listed on 05/18/2024 and has been priced for sale at $109,250.

This property neighbors other cities such as T3 Indian Purchase Twp and T4 Indian Purchase Twp.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: RE/MAX Collaborative

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.