Corinna ME Real Estate &

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Beds:
n/a
Baths:
7.00
Sq.Ft.:
6,247
Status:
Active
MLS#:
1633758
Type:
Multi-Family
Lot size:
0.57 Acres
Year built:
1940
A broker reciprocity listing Courtesy: Real Broker 207-272-3954
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ADDITIONAL INFORMATION

Cash Cow Alert! This is the kind of property investors dream about. A cap rate north of 10 percent, steady income, and the chance to own an entire street. Opportunities like this do not come along often. You get three well-maintained buildings plus an oversized garage. The first building is a spacious three unit with a 3 bedroom, 1 bath, a 2 bedroom, 2 bath, and a 2 bedroom, 1 bath. Two units have been beautifully renovated, and the third is home to a long-term tenant of more than 15 years. The second building delivers two massive apartments, each well over 1,300 square feet. One is a 3 bedroom, 1 bath, and the other is a 2 bedroom, 1 bath. Both are in great condition and rented to quality tenants. The third building is a charming 2-3 bedroom, 1 bath single family home with spotless tenants who treat the place like their own. Add in an oversized two car garage for bonus income potential, and you have multiple revenue streams on day one. Tenants love the yards, quiet dead end location, and open parking lot where kids can safely ride bikes and play. You will love the consistent occupancy and strong rental history. Perfectly located under 10 minutes to Newport, 15 minutes to Pittsfield, and just 35 minutes to Bangor, Waterville, and Skowhegan. With the 100 percent bonus depreciation that just passed, the timing could not be better to lock this in and offset your taxes. Serious investors know that opportunities like this do not sit around. Call today before someone else takes it off the market.

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Andrea D. Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.



Corinna Real Estate

Corinna is located in Maine. Corinna, Maine has a population of 1,990. Corinna is more family-centric than the surrounding county with 36.78% of the households containing married families with children. The county average for households married with children is 26.71%.

The median household income in Corinna, Maine is $53,966. The median household income for the surrounding county is $55,125 compared to the national median of $69,021. The median age of people living in Corinna is 45.5 years.

Corinna Weather

The average high temperature in July is 78.9 degrees, with an average low temperature in January of 1.9 degrees. The average rainfall is approximately 43.6 inches per year, with 75.2 inches of snow per year.

Corinna Map

Corinna Real Estate Market Conditions

  • Median sales price

    $125,250
    19.8%
    change since last quarter
  • # Active listings

    7
    30-day change

Corinna Schools and Demographics

Education near Corinna, ME

City County
High School Graduates 87.65 93.55
College Degree - 2 year 12.02 11.02
College Degree - 4 year 11.22 30.01
Graduate Degree 2.32 8
Expenditures per Student 16,173 16,173
Students per Teacher 12.2 12.2

Elementary Schools near Corinna, ME

Grades Students P/T Ratio ZIP
Corinna Elementary School PK - 04 151 11.2 04928
Newport Elementary School PK - 04 292 12.9 04953
Ridge View Community School PK - 08 663 11.2 04930
St Albans Consolidated PK - 04 97 12 04971
Stetson Elementary School KG - 02 43 13.8 04488

Middle Schools near Corinna, ME

Grades Students P/T Ratio ZIP
Sebasticook Valley Middle School 05 - 08 314 12 04953

High Schools near Corinna, ME

Grades Students P/T Ratio ZIP
Dexter Regional High School 09 - 12 332 15.3 04930
Nokomis Regional High School 09 - 12 681 13.9 04953

Ungraded Schools near Corinna, ME

Grades Students P/T Ratio ZIP
Tri-County Technical Center UG - UG 0 0 04930

Demographics near Corinna, ME

City County
Neighborhood Type Small town
Population 1,990 152,211
Population Density 51 45
Median Age 45.5 42.1
People per Household 2.3 2.3
Median Household Income 53,966 55,125
Average Income per Capita 27,681 31,318

Real estate near Corinna