Multi-Family for Sale: 368 Gilman Falls Avenue, Old Town, ME 04468

2 full baths
$308,000
$308,000
368 Gilman Falls Avenue, Old Town, ME 04468
2 full baths
$308,000
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Price:
$308,000
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Type Multi-Family
Style Ranch
Total Baths 2 full baths
Square Feet 1,568 sqft
Lot Size 0.78 acres
Year Built 1950
Taxes Paid $4,016
City Old Town
County Penobscot
School District RSU 34
MLS 1587873
Status Pending
OLD TOWN: Exceptional opportunity for home seekers and/or investors! Reside in this wonderful turnkey Duplex home while generating income to help pay for your mortgage. W I N. This beautiful Ranch features a renovated 1BD / 1BA owners' unit with a tiled shower, laundry room, walk-in closet, office, and an open concept kitchen / living area. Boasting an expansive screened-in porch which leads to a gorgeous backyard complimented by a cozy fire pit. The second apartment home offers 2 bedrooms, 1 bathroom, a spacious kitchen, sunfilled living room with a sliding glass door to a private 23' x 8' deck, and an oversized sunporch/mudroom with laundry area. There is also an enormous 28' x 40' garage with ample space to hold at least 3 vehicles and a workbench. For even more storage, there is a shed. Sellers have installed a new 3-BR leach field as of June 5, 2024, with hydroseeding, and added fresh crusher dust on the driveway. This well cared for Duplex has seen numerous improvements since 2016 to include flooring, windows, doors, garage door, electrical, plumbing, kitchen and bathroom renovations. More recently, to include a new metal roof, well pump, new furnace in owners' unit, fresh paint, a heat pump, as well as a heat pump water heater and more! Conveniently located 1.1 miles to I-95, 5 minutes to downtown Old Town, within 10 minutes to UMaine Orono, and less than 20 minutes to Bangor International Airport. Schedule your showing today!

Room Features

Basement Description Bulkhead, Walk-Out Access, Unfinished, Partial, Exterior Only, Exterior Entry

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $4,016

Unit Features

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

Price History of 368 Gilman Falls Avenue, Old Town, ME

Date Name Price Difference
04/30/2024 Listing Price $308,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$250,000
$182 / sqft
Average
$262,250
$166 / sqft
High
$289,000
$177 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Old Town 04468 0 2.0 $308,000 1,568 $196 N/A
82 Fourth Street Old Town 04468 0 3.0 $260,000 1,637 $159 10/05/2023
82 Fourth Street Old Town 04468 0 3.0 $289,000 1,637 $177 06/06/2024
287 Brunswick Street Old Town 04468 0 2.0 $250,000 1,657 $151 06/06/2024
291 Brunswick Street Old Town 04468 0 3.0 $250,000 1,376 $182 06/06/2024

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Map of 368 Gilman Falls Avenue, Old Town, ME

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Photo of Jackie Nelson-Champagne, RENE, SRS
Direct: 603-943-2304
Office
10 Chestnut Dr Unit K
Bedford, NH 03110
603-787-3155
Listed by NextHome Experience, Corenna Quirk 207-573-7400
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368 Gilman Falls Avenue (MLS #1587873) is a ranch multi-family listing located in Old Town, ME. This multi-family listing is 1,568 sqft and on a lot of 33,977 sqft (or 0.78 acres) and is 74 years old. This property was listed on 04/30/2024 and has been priced for sale at $308,000.

The multi-family listing at 82 Fourth Street in Old Town is nearby and sold for $260,000 on 10/05/2023. Another nearby multi-family listing, 82 Fourth Street in Old Town sold for $289,000 on 06/06/2024.

Nearby zip codes are 04401, 04411, 04461 and 04473. This property neighbors other cities such as Alton, Bangor, Bradley, Milford and Orono.

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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: NextHome Experience

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.