Old Town, ME 04468,395 Fourth ST
Old Town, ME 04468,395 Fourth ST
Old Town, ME 04468,395 Fourth ST
14
Listed by United Country Lifestyle Properties of Maine • 207-794-6164
Bought with NextHome Experience
$270,000
$280,000
3.6%
Est.Price: ?

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2 BA
2,100 SqFt

395 Fourth ST Old Town, ME 04468

SOLD DATE : 07/22/2025

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Key Details

Sold Price $270,000

Property Type Multi-Family

Listing Status Sold

Square Footage 2,100 sqft

MLS Listing ID 1626063

Sold Date 07/22/25

Style New Englander

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,100

Year Built 1900

Annual Tax Amount $2,968

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Source Maine Listings

Land Area 2100

Property Description

Located in the heart of Old Town and just minutes from the University of Maine, this well-maintained 2-unit apartment building offers the perfect blend of investment potential and personal use. Whether you're a first-time homebuyer looking to offset your mortgage with rental income, or a parent seeking safe, affordable housing for your student, this is a smart and versatile opportunity.
The spacious first-floor unit features 3 bedrooms and 1 full bath, complete with a washer and dryer, making it move-in ready for an owner-occupant or tenant. The second-floor unit offers 2 bedrooms and 1 bath, ideal for additional rental income or student housing.
Enjoy a paved driveway and ample off-street parking for both units. Many of the property's major systems have been updated over the years, giving peace of mind to buyers. The building is in great condition and shows pride of ownership throughout.
With the University so close, rental demand in the area is strong and steady. This is a rare chance to build equity, reduce monthly housing costs, and own a property in one of Old Town's most convenient locations.

Location

State ME

County Penobscot

Zoning General Res

Rooms

Basement Dirt Floor, Full, Exterior Only

Interior

Interior Features Pantry

Heating Hot Water, Baseboard

Cooling None

Flooring Laminate

Fireplace No

Exterior

Parking Features 1 - 4 Spaces, Paved

Utilities Available 1

View Y/N No

Roof Type Shingle

Street Surface Paved

Garage No

Building

Lot Description Level, Intown

Story 2

Foundation Stone, Granite, Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style New Englander

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions Unknown

Energy Description Gas Natural

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agent

Corey Lee

Agent | License ID: BA924970

+1(207) 314-8443

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