97 Penobscot Avenue, Millinocket, ME 04462

$1,490,000
Property Type: Multi-Family Square Footage: 23,815 Lot Size (sq. ft.): 102,366 Status: Closed
Current Price: $1,490,000 List Date: 4/16/2026 Last Modified: 7/02/2026

Overview

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.

Listing Details MLS# 1620291

Location Information

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

Contract Information

Original List Price
1499999

Property Information

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

Status Change Info

Pending Date
2026-04-12
Closed Date
2026-06-30
Closed Price
1490000

Water Info

Waterfront
Yes
Water View
Yes
Water Body Name
Millinocket Stream

Utilities

Utilities On
Yes

More Information

Sold Info

Appraiser Email Address
michael@baysideappraiser.com

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

Documents

IDX
Listing Office: ERA Dawson-Bradford Co.
Selling Office: NextHome Experience
Last Updated: July - 02 - 2026
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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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