340 Main Road, Passadumkeag, ME 04475

$329,000
Property Type: Multi-Family Baths: 2 Square Footage: 4,464 Lot Size (sq. ft.): 86,684 Status: Active
Current Price: $329,000 List Date: 10/02/2025 Last Modified: 10/02/2025

Description

Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99± acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion. Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or investors looking for immediate cash flow. The lower level was previously used as a general store and lunch counter but is now a blank slate, ready to be reimagined. With proper approvals, this space could be converted into additional rental units, a workshop, studio space, or a live/work setup, depending on your vision. Whether you're looking to expand your rental portfolio, start a small business, or create a custom living space, 340 Main Road offers flexibility and value in a rural setting.

Supplements: ********

More Information MLS# 1639544

Location Information

Book: 5012 Leased Land: No Page: 210 Map: 3 Lot: 38 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 340 Street Name: Main Street Type: Road County: Penobscot Town: Passadumkeag State/Province: ME Zip Code: 04475 Zoning: Res/Commercial Full Tax Amount $: 3376 Tax Year: 2024 Geo Lat: 45.183291 Geo Lon: -68.617751

Property Information

Surveyed: Yes Seasonal: No Number of Units: 2 Deed/Conveyance Type Offered: Warranty Deed: All Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 1.99 Total Baths: 2 Total Half Baths: 0 Color: Gray SqFt Finished Above Grade: 4464 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Total Full Baths: 2 Year Built: 1984 SqFt Finished Total: 4464 Source of Acreage: Public Records

Site

Level: 1 Open: 1

Location

Intown: 1 Rural: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Recreational Water

Nearby: 1 River/Brook/Stream: 1

Style

Other: 1

Construction

Wood Frame: 1

Basement

Slab: 1

Foundation Materials

Slab: 1

Exterior

Vinyl Siding: 1 Wood Siding: 1

Roof

Shingle: 1

Heat System

Forced Air: 1 Other Heat System: 1

Heat Fuel

Propane: 1

Income & Expenses

Gross Income: 19200 Operating Expenses: 5000

Cooling

None: 1

Floors

Carpet: 1 Concrete: 1 Laminate: 1 Vinyl: 1

Units

# of 1 BD Units: 1 # of 3 BD Units: 1

Parking

21+ Spaces: 1

Unit 1

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 800 # Full Baths: 1 # of Rooms: 2 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1300 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Gas

Bottled: 1

Sewer

Private Sewer: 1 Septic Design Available: 1 Septic Tank: 1

Water

Private: 1 Well: 1

Driveway

Gravel: 1

Basement Entry

Not Applicable: 1

Water Heater

Electric: 1

Amenities

Laundry - Hookup: 1

Equipment

Internet Access Available: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 329000 List Price: $329,000 Current Price: $329,000

Property Features

Site: Level; Open Location: Intown; Rural Roads: Paved; Public Recreational Water: Nearby; River/Brook/Stream Style: Other Construction: Wood Frame Basement: Slab Basement Entry: Not Applicable Foundation Materials: Slab Exterior: Vinyl Siding; Wood Siding Roof: Shingle Heat System: Forced Air; Other Heat System Heat Fuel: Propane Water Heater: Electric Cooling: None Floors: Carpet; Concrete; Laminate; Vinyl Amenities: Laundry - Hookup Equipment: Internet Access Available Driveway: Gravel Parking: 21+ Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer; Septic Design Available; Septic Tank Water: Private; Well
Listing Office: NextHome Experience
IDX
Last Updated: October - 02 - 2025
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