2 Merrill Brk Ln Howland, ME 04448
- Investment properties
- 1,750 SF
- 3.00 lot acres
Current Use by Public Records
- Investment properties
Property Details for 2 Merrill Brk Ln
- Year built
- 2004
- Lot size
- 3.00 lot acres
- Property size
- 1,750 SF
- Property type
- Investment properties
Description
This exceptional investment opportunity encompasses a thriving turnkey cabin rental business in Howland, Maine. The property features three Amish-built cabins, each contributing to a highly successful year-round operation. Boasting a total of 1,750 square feet, these cabins are situated on a picturesque 3-acre lot with over 600 feet of frontage on the 100-foot-wide Merrill Brook. The property also includes an RV lot or campsite, further enhancing its income potential. The location provides unparalleled access to outdoor recreation, including fishing, boating, hunting, 4-wheeling, and snowmobiling, with hundreds of miles of trails readily available. The cabins' proximity to a boat launch on the Penobscot River adds significant appeal. Conveniently located within a 30-minute drive of Bangor and a 45-minute drive from Greenville and Baxter State Park, this property benefits from its proximity to numerous lakes and a high volume of repeat clientele drawn to the area's abundant recreational opportunities. The property is listed at $399,000. Note that the room count and total square footage encompass all three cabins. A separate lodge with approximately 1.5 acres and 300 feet of waterfront is available for purchase separately, but is not currently on the market. The cabins can also be purchased without the RV lot (MLS 1568319).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Howland
- County
- Penobscot
- State
- Maine
- Longitude
- -68.652
- Latitude
- 45.256
