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Improved Residential Land for Sale in Millinocket, Maine
97 Penobscot Ave, Millinocket, ME 04462
$1,499,999
2.35 acres
Active
Est $7,757/mo32 UNITS in FIVE Separate buildings located in Millinocket, Maine plus a spare lot for extra parking. Opportunity to expand your real estate holdings, in an area known for its various recreational activities. Live in one of the units while managing the others. All within a two mile radius of each other. Rental amounts for each building with spreadsheet are included in the attachments. All buyers are to sign a confidentiality agreement for detailed financials. (Possible Seller financing available with 20% down payment, For a qualified buyer), Vacant apartments available to increase your cash flow! Add these 32 units to your portfolio.
23,815
Sq feet
Location
- Street address
- 97 Penobscot Ave
- County
- Penobscot County
- Elevation
- 361 feet
Property details
- Acreage
- 2.35 acres
- Zoning
- R14*
- MLS #
- MREIS 1620291
- Posted
Property taxes
- 2024
- $4,888
Details and features
Listing
- Type
- Residential Multi Family
- Franchise
- ERA Real Estate
Lot
- Features
- Intown, Level, Neighborhood, Open, Rolling/ Sloping, Sidewalks
Structure
- Basement
- Full, Partial, Unfinished
- Water
- Private, Public
- Sewer
- Private Sewer, Public Sewer, Septic Tank
- Heating
- Baseboard, Hot Water, Zoned
- Materials
- Concrete, Masonry, Vinyl Siding, Wood Frame, Wood Siding
- Roof
- Metal, Shingle
Interior
- Flooring
- Carpet, Laminate, Vinyl
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 6, 2025 | Relisted | $1,499,999 | — | MREIS |
| Oct 2, 2025 | Listing removed | $1,499,999 | — | Listing agent |
| Sept 30, 2025 | New listing | $1,499,999 | — | MREIS |
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