Price Reduced 8.96%


Price History

$120,000
5/18/2024

$110,000
8/7/2024

$109,500
10/7/2024

$109,250
10/21/2024


333 Penobscot Avenue, Millinocket, ME, 04462

333 Penobscot Avenue, Millinocket, ME, 04462

2 Full baths

1902

Multi-Level

1,464 sqft

SELLERS ARE OFFERING A GENEROUS SELLERS CREDIT TOWARDS BUYER CLOSING EXPENSES FOR ALL AGEED UPON OFFERS PRIOR TO NOVEMBER 1. BACK ON MARKET DUE TO BUYERS FAILED FINANCING- AT NO FAULT OF THE SELLER Do not miss this instant equity & instant cashflow opportunity at the foot Baxter. This turn-key duplex is conveniently located near downtown Millinocket. Both units are fully rented at market rents with flawless payment history. The building appraised at almost 15% over ask price less than a year ago. The boiler in the unit has been serviced annually. Both apartments are two bedrooms, one bath with an expandable space that could be converted into a studio. Although the property has been well maintained, there is plenty of opportunity for value adds. Schedule a showing today as the seller will take it off the market in November if it does not reach a contract.


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Washer Hookup

Units:

2

Zoning:

082

Heating:

Multi-Zones, Hot Water, Baseboard

Cooling:

None

Basement:

Partial, Interior Entry, Unfinished

Parking:

1 - 4 Spaces, Gravel, Common

Acreage:

0.14

Est. Taxes:

$1,021

Construction

Shingle Siding, Asbestos, Wood Frame

Utilities

Utilities On

Lot Description:

Corner Lot, Landscaped, Intown

MLS #:

1590128


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of RE/MAX Collaborative