67 & 67 B Pembroke Drive, Old Town, ME 04468

$1,400,000
Property Type: Land Lot Size (sq. ft.): 1,613,027 Status: Closed
Current Price: $1,400,000 List Date: 5/04/2022 Last Modified: 1/11/2025

Overview

Description

Huge opportunity for the right investor/contractor. The hard work is done and ready to build. Housing is a huge need and the University of Maine is right around the corner. This owner has completed the all paved roadways, retention ponds, city water and sewer transport run throughout, natural gas available at the beginning of this parcel which consist of 37 area's. Project has been approved for 20 six unit buildings with each unit comprised of 2 bedrooms. Plans are engineered for these buildings and are available. Continue with this plan or with town approval change to another. Its ready to start your first building and begin renting while you continue with the other buildings. Call me for more information or project plans.

Listing Details MLS# 1526985

Location Information

Street #
67 & 67 B
Street Name
Pembroke Drive
County
Penobscot
Town
Old Town
State/Province
ME
Zip Code
04468
Book
10232
Page
218
Map
11
Lot
67
Zoning
RES
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
2462
Tax Year
2022

Contract Information

Original List Price
1600000
List Price/Acre
43208.21

Property Information

Surveyed
Yes
Seasonal
No
Mobile Homes Allowed
Unknown
Lot Size Acres +/-
37.03
Source of Acreage
Seller

Status Change Info

Pending Date
2022-05-09
Closed Date
2022-08-30
Closed Price
1400000

Water Info

Water Frontage
No
Water View
No

Sold Info

Appraiser Email Address
stefan.sargent@cushwake.com

More Information

Site

Level
Yes
Open
Yes
Sidewalks
Yes
Wooded
Yes

Location

Business District
Yes
Intown
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes
Neighborhood
Yes
Shopping Mall
Yes
Subdivision
Yes

Roads

Paved
Yes

Parking

Paved
Yes

Electric

No Electric
Yes

Gas

Natural - At Street
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Paved
Yes

Restrictions

No Restrictions
Yes

Property Features

Site: Level; Open; Sidewalks; Wooded Location: Business District; Intown; Near Shopping; Near Turnpike/Interstate; Neighborhood; Shopping Mall; Subdivision Roads: Paved Driveway: Paved Parking: Paved Restrictions: No Restrictions Electric: No Electric Gas: Natural - At Street Sewer: Public Sewer Water: Public
Listing Office: CENTURY 21 Queen City Real Estate
IDX
Last Updated: January - 11 - 2025
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.