97 Penobscot Avenue, Millinocket, ME 04462

$1,499,999
Property Type: Multi-Family Square Footage: 23,815 Lot Size (sq. ft.): 102,366 Status: Active
Current Price: $1,499,999 List Date: 10/06/2025 Last Modified: 10/06/2025

Description

32 UNITS in FIVE Separate buildings located in Millinocket, Maine plus a spare lot for extra parking. Opportunity to expand your real estate holdings, in an area known for its various recreational activities. Live in one of the units while managing the others. All within a two mile radius of each other. Rental amounts for each building with spreadsheet are included in the attachments. All buyers are to sign a confidentiality agreement for detailed financials. (Possible Seller financing available with 20% down payment, For a qualified buyer), Vacant apartments available to increase your cash flow! Add these 32 units to your portfolio.

Supplements: ********

More Information MLS# 1620291

Location Information

Book: 11134* Leased Land: No Page: 131 Map: U05 Lot: 216* Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 97 Street Name: Penobscot Street Type: Avenue County: Penobscot Town: Millinocket State/Province: ME Zip Code: 04462 Zip +4: 1357 Zoning: R14* Full Tax Amount $: 4888 Tax Year: 2024 Geo Lat: 45.654771 Geo Lon: -68.708806

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 0 Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: Partial Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 2.35 Total Baths: 0 Total Half Baths: 0 Color: White SqFt Finished Above Grade: 23815 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Year Built: 9999 SqFt Finished Total: 23815 Source of Acreage: Public Records

Site

Level: 1 Open: 1 Rolling/Sloping: 1 Sidewalks: 1

Location

Intown: 1 Neighborhood: 1 Other Location: 1

Roads

Paved: 1

Water Info

Water Frontage: Yes Waterfront Amount: 0 Water Frontage Owned: 0 Water Frontage Shared: 0 Water View: Yes Water Body Name: Millinocket Stream

Source of Water Frontage

Public Records: 1

Water Body Type

River: 1

Style

Other: 1

Construction

Masonry: 1 Wood Frame: 1

Levels

Multi-Level: 1

Basement

Full: 1 Partial: 1 Slab: 1 Unfinished: 1

Foundation Materials

Poured Concrete: 1 Slab: 1 Stone: 1

Exterior

Concrete: 1 Vinyl Siding: 1 Wood Siding: 1

Roof

Metal: 1 Pitched: 1 Shingle: 1

Heat System

Baseboard: 1 Blowers: 1 Hot Water: 1 Zoned: 1

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 0 Operating Expenses: 0

Cooling

None: 1

Floors

Carpet: 1 Laminate: 1 Vinyl: 1

Parking

1 - 4 Spaces: 1 5 - 10 Spaces: 1 11 - 20 Spaces: 1 21+ Spaces: 1 On Site: 1 Paved: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

No Gas: 1

Sewer

Private Sewer: 1 Public Sewer: 1 Septic Tank: 1

Water

Private: 1 Public: 1

Driveway

Gravel: 1 Paved: 1

Basement Entry

Interior: 1

Water Heater

Electric: 1 Off Heating System: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 1499999 List Price: $1,499,999 Current Price: $1,499,999

Property Features

Site: Level; Open; Rolling/Sloping; Sidewalks Location: Intown; Neighborhood; Other Location Roads: Paved Source of Water Frontage: Public Records Water Body Type: River Style: Other Levels: Multi-Level Construction: Masonry; Wood Frame Basement: Full; Partial; Slab; Unfinished Basement Entry: Interior Foundation Materials: Poured Concrete; Slab; Stone Exterior: Concrete; Vinyl Siding; Wood Siding Roof: Metal; Pitched; Shingle Heat System: Baseboard; Blowers; Hot Water; Zoned Heat Fuel: Oil Water Heater: Electric; Off Heating System Cooling: None Floors: Carpet; Laminate; Vinyl Driveway: Gravel; Paved Parking: 1 - 4 Spaces; 5 - 10 Spaces; 11 - 20 Spaces; 21+ Spaces; On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Private Sewer; Public Sewer; Septic Tank Water: Private; Public
Listing Office: ERA Dawson-Bradford Co.
IDX
Last Updated: October - 06 - 2025
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