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16 Penobscot Street

Orono

$274,900

beds   ·   2 baths   ·   1,979 sqft   ·   0.22 acres   ·   taxes: $4,336   ·   MLS#: 1620947

Check out this great investment property in Orono featuring off-street parking and a 0.22-acre corner lot with scenic river views. . This 4BR/2BA duplex is a smart addition to any portfolio, currently tenant-occupied and generating income from day one. Each spacious unit offers 2 bedrooms and 1 bath, with bright, comfortable living spaces. The property is well maintained. The spacious, nicely sized backyard is perfect for gardening, entertaining, or simply relaxing outdoors. The yard backs up to active rail tracks, offering a unique backdrop with the occasional passing train adding character and a touch of nostalgia. Whether you're enjoying a quiet evening under the stars or hosting a weekend barbecue, this outdoor space provides both privacy and potential. A great opportunity for buyers looking for value and a distinctive setting! Additional highlights include a durable metal roof and a prime location, conveniently located close to the University of Maine, shopping and dining. Whether you're an investor or looking to offset your mortgage with rental income, this property checks all the boxes. Call today to schedule a time to see this home.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1900
  • Style : Colonial, New Englander
  • Flooring : Laminate, Carpet
  • Garage Spaces : 0.00
  • Roof : Metal, Pitched
  • Basement : Interior, Dirt Floor, Partial, Unfinished
  • Heating : Zoned, Hot Water, Baseboard
  • Cooling : None

Site

  • Water Body Name : Penobscot
  • Water Source : Public
  • Utilities : Utilities On
  • View : Trees/Woods, Scenic
  • Sewer : Public Sewer
  • Zoning : RES
  • Road Surface Type : Paved
Listing provided by Signature Group Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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43 Elm Street
Camden, Maine 04843
207.236.6171
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