Old Town Two-Unit Investment
371 Main Street, Old Town, ME 04468
New
MULTI_FAMILY - Colonial, Federal - Old Town, ME
Property size:
3,168 SFLot size:
0.30 AcresPrice / SF:
$78/SF- Added:
- May 16, 2026
- Days on Market:
- 4
- Last Refresh:
- May 19 at 1:06 pm
Property Features for 371 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bathroom 1
- Parking features
- Off Street
- Patio and Porch features
- Patio, Porch
- Interior features
- 1st Floor Bedroom, Attic, One-Floor Living
- Basement
- Daylight, Unfinished, Full, Walk-Out Access
- Standard status
- Active
- Size
- 3,168 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3890
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Other (Heating), Baseboard, Natural Gas, Hot Water(Heating)
- Water source
- Public
- Water front features
- Stream
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Laminate, Wood, Vinyl, Carpet
- Building materials
- Masonry, Wood Frame, Brick
- Roof type
- Shingle
- Architectural style
- Colonial, Federal
Listing agent Scott Basso (207) 299-5158
Listing office Better Homes & Gardens Real Estate/The Masiello Group 1162 Union Street, Bedford, ME (207) 942-6711
Listing date May 16, 2026
MLS# 1662520
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.
HighLights
- Prime Old Town location: Walkable to downtown restaurants, shops, and waterfront park.
- Investment opportunity: Two‑unit property with potential for rental income.
- Proximity to University of Maine: Convenient access to the Orono campus (3.2 miles).
- Newer roof and natural gas heating system.
- Unique architectural details: Features 5 fireplaces, sunroom, attic rooms, and a brick barrel vault.
- Off‑street parking.
Overview
Located in the heart of Old Town, this two-unit property presents a solid investment opportunity. Situated on the corner of a one-way street, the location offers convenient access to downtown restaurants, shops, and the waterfront park on the Penobscot River. A boat launch and airport are also nearby. The University of Maine's Orono Campus Park Street entrance is located 3.2 miles to the west. The property is also in close proximity to UMaine forest, hiking and ski trails, bike paths, schools, and parks. The building features a newer roof, five fireplaces (not in use), natural gas hot water baseboard heat, a sunroom/utility room, and an attic with two rooms. The unfinished daylight basement includes a fireplace, a cistern, and a brick barrel vault arch or oven. The property, with a total size of 3168 square feet on a 0.3-acre lot, is being sold as-is. The first-floor unit is overdue for updates.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Old Town
- County
- Penobscot
- State
- Maine
- Longitude
- -68.645103
- Latitude
- 44.931861
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property in Old Town near downtown and University of Maine.
Where is this duplex located?
The property is located at 371 Main Street Old Town, ME.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime Old Town location: Walkable to downtown restaurants, shops, and waterfront park.; Investment opportunity: Two‑unit property with potential for rental income.; Proximity to University of Maine: Convenient access to the Orono campus (3.2 miles).
