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Triplex with Brook Frontage
New
For Sale
$199,000

235 Bates St, Millinocket, ME 04462

Three residential apartments have distinct kitchen and living areas, with a private entrance serving the upper unit.

Property Size3,485 SF
Lot Size0.33 Acres
Price / SF$57.10
Days on Market6

Property Features for 235 Bates St

General Information

Standard status Active
Size 3,485 SF
Lot size 0.33 Acres
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,006
Listing Agency: Acres Away, Inc.
Listed By: Alan Staples · License #924109
Source: Exprealty
Added: Oct 16 Changed: Oct 21 Last Checked: Oct 21 at 2:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acres Away, Inc.

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Investment Insights

Based on property information with market context.

At 235 Bates Street, this 3,485-square-foot triplex contains three apartments. The upper residence has three bedrooms, a full bath, kitchen, living room, dining room, and its own entrance. On the ground floor, one apartment offers two bedrooms, a kitchen, and a full bath; the other has one bedroom, a kitchen, living room, and full bath. Updates have been made over the years. A separate storage area with a half bath is also part of the property; residential conversion would be subject to applicable approvals.

The parcel measures approximately one-third of an acre and has 130 feet of frontage on Smith Brook. Stores and everyday services are within walking distance. The surrounding region includes Mount Katahdin, Baxter State Park, Katahdin Woods and Waters National Monument, and the Pemadumcook Chain of Lakes, with outdoor recreation available across the area.

Key Highlights

  • Three apartments: one with 3 bedrooms, one with 2, and one with 1
  • 3,485 square feet of building area
  • Storage area with a half bath; residential conversion subject to applicable approvals

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 04462, ME

4,411
Population
3,302
Households
1.3
Avg Household Size
56
Median Age
20%
College-Educated
96%
High-School Grad
702.8 sq mi
ZIP Area
6
Density / Sq Mi
$44,167
Median Household Income
$23,295
Median Earnings
$553
Median Rent
$89,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential apartments have distinct kitchen and living areas, with a private entrance serving the upper unit.
Where is this triplex located?
The property is located at 235 Bates St Millinocket, ME.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Three apartments: one with 3 bedrooms, one with 2, and one with 1; 3,485 square feet of building area; Storage area with a half bath; residential conversion subject to applicable approvals
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