Located at 42 Waldo Street in the heart of Millinocket, this versatile single-family home offers flexible living space and a strong history as a reliable rental property. The layout allows for use as a four-bedroom, two full bath home, or three bedrooms with an oversized bonus room, giving buyers options to suit a variety of needs.Set on a pleasant in-town lot, the property features a welcoming backyard with a porch area that's perfect for relaxing or entertaining, along with a large storage shed providing ample space for tools, equipment, or recreational gear. An attached one-car garage adds everyday convenience and additional sheltered storage. The backyard also offers scenic views of Millinocket Stream, adding a peaceful natural element to this convenient town setting.The home offers multiple heat sources, helping ensure comfort and efficiency through Maine's changing seasons. Currently tenant-occupied, the property has maintained a strong track record as a dependable income-producing rental, making it a solid option for investors while still appealing to future owner-occupants. Millinocket is widely known as a major recreational hub and the gateway to Mount Katahdin and Baxter State Park. Outdoor enthusiasts will appreciate the easy access to snowmobiling, ATV trails, hiking, fishing, and camping, all just minutes from the property. This location also provides the convenience of being within walking distance to local amenities, including the elementary school, library, library, and other town services.This property offers a rare combination of in-town convenience, scenic backyard views, garage storage, and proven rental history, making it an excellent opportunity in a highly desirable Maine location.