Income-Producing Three-Unit
22 Penobscot Street Orono, ME 04473
New
22 Penobscot Street, Orono, ME, 04473
$325,000
For Sale
$325,000
MULTI_FAMILY - Colonial - Orono, ME
Property Size3,676 SF
Lot Size0.22 Acres
Price / SF$88.41
Days on Market5
Property Features for 22 Penobscot Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Parking features
- Open
- Interior features
- 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower, Storage
- Basement
- Crawl Space, Partial, Unfinished
- Standard status
- Active
- Size
- 3,676 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5175
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating), Zoned, Forced Air, Baseboard, Kerosene, Propane (Heating)
- Water source
- Public
- Water front features
- Stream
Building Details
- Year built
- 1836
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Painted/stained, Vinyl, Wood
- Building materials
- Wood Frame, Metal Clad
- Roof type
- Shingle
- Architectural style
- Colonial
- Additional Structures
- Storage
Listing Agency
ERA Dawson-Bradford Co.
(207) 947-6788
417 Main Street, Bangor, ME
Listed by
Katherine Dawson
(207) 951-5539
Added: Jul 13 Checked: Jul 17 at 3:06 am
MLS# 1671578
Listing URL
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Solid income-producing three-unit multifamily property on Penobscot Street in Orono. The home features updates including a new heating and hot-water boiler installed in 2024, a roof replacement in 2016, all-new toilets, updated plumbing, and a new sewer line. Each of the three units includes its own in-unit laundry.
The property is located just minutes from the bus line, Webster Park, and the University of Maine, with water views of the Penobscot River.
The unit mix consists of two two-bedroom units and one one-bedroom unit, providing flexibility for an owner-occupant or an investor seeking rental income across all three units. Zoning is listed as Residential.
The property is located just minutes from the bus line, Webster Park, and the University of Maine, with water views of the Penobscot River.
The unit mix consists of two two-bedroom units and one one-bedroom unit, providing flexibility for an owner-occupant or an investor seeking rental income across all three units. Zoning is listed as Residential.
Key Highlights
- Income‑producing 3‑unit on Penobscot Street in Orono
- Mechanical and exterior updates include a new heating and hot‑water boiler (2024) and a roof replacement (2016)
- Each unit has its own in‑unit laundry
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit multifamily property on Penobscot Street with in-unit laundry and recent heating, plumbing, and roof updates.
Where is this triplex located?
The property is located at 22 Penobscot Street Orono, ME.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Income‑producing 3‑unit on Penobscot Street in Orono; Mechanical and exterior updates include a new heating and hot‑water boiler (2024) and a roof replacement (2016); Each unit has its own in‑unit laundry
