Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-942-6711
Located in the heart of Old Town on a quaint one-way street corner, this majestic 2-unit property is a SOLID investment! Just a short walk to downtown restaurants, shops, and the waterfront park on the Mighty Penobscot River, this prime location offers convenience and charm. Nearby, you'll find a boat launch and an airport, while the University of Maine's Orono Campus Park Street entrance is just 3.2 miles west. The area is rich with amenities including the UMaine forest, hiking and ski trails, bike paths, and excellent schools and parks. This property boasts a newer roof, five fireplaces (currently not in use), natural gas hot water baseboard heat, a sunroom/utility room, an attic with two rooms, and an unfinished daylight basement featuring a fireplace, a cistern, and a unique brick barrel vault arch or oven. Historically, it was a popular stop for travelers during the logging and train station days. With a gross income of $30,000, this local landmark offers a fantastic opportunity. The home is being sold as-is.
Old Town is located in Maine. Old Town, Maine has a population of 7,594. Old Town is less family-centric than the surrounding county with 23.19% of the households containing married families with children. The county average for households married with children is 25.3%.
The median household income in Old Town, Maine is $37,799. The median household income for the surrounding county is $47,886 compared to the national median of $57,652. The median age of people living in Old Town is 36.8 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 44.9 inches per year, with 71.1 inches of snow per year.
