97 Penobscot AvenueMillinocket, ME 04462Price: $1,499,999

Price: $1,499,999
Est. Mortgage of $/month
59 Days on Market

32 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.

More Info

Tax Information

Parcel Number MLNK-000005-000000-000216U
Taxes$4,888

Building

BasementInterior Entry
Building ConstructionMasonry, Wood Frame
Flooring Carpet, Laminate, Vinyl
FoundationStone, Poured Concrete, Slab
Property StyleOther
Year Built9999

Property Information

Acreage2.35
Square Feet23,815

Water Body

Water AccessPrivate, Public
Water Body NameMillinocket Stream
Water Body TypeRiver
Water ViewYes
WaterfrontYes

Parking

Parking 1 - 4 Spaces,5 - 10 Spaces,11 - 20 Spaces,21+ Spaces, On Site, Paved

Location

Address97 Penobscot Avenue
Building Number97
CountyPenobscot
StateME
StreetPenobscot Avenue
TownMillinocket
Zip04462

Utilities

Electric Circuit Breakers
Heat SystemBaseboard, Blowers, Hot Water, Zoned
Heating FuelOil
Heating YN Yes
Utilities Utilities On
Waste Water DisposalPrivate Sewer, Public Sewer, Septic Tank

Basic Information

List Price$1,499,999
LocationTypeIntown, Neighborhood, Other Location
MLS Number1620291
Property TypeMulti-Family
StatusActive With Contract

Property

Sign On Property YN Yes
Site Level, Open, Rolling/Sloping, Sidewalks

Exterior

Exterior Concrete, Vinyl Siding, Wood Siding
RoofMetal, Pitched, Shingle

Amenities

Other AmenitiesBasement, Waterfront, Water View

Legal

ZoningR14*

Other

Date Listed04/16/2026

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo Privacy Policy

46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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97 Penobscot AvenueMillinocket, ME 04462Price: $1,499,999

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