194 and 196 Katahdin Ave, Millinocket, ME 04462 - Penobscot County

In Millinocket we have an investment property available that has three units! There are two separate buildings. The front building is a duplex where the front half is 3-4 bedrooms with 1 bathroom, while the rear half is 2 bedrooms with 1 bathroom. The second building on the property is an occupied single-family home that is 2 bedrooms, 1 bathroom. All units have separately metered utilities. The duplex is in need of additional TLC and cosmetic work, but many upgrades and improvements have taken place recently! Newer furnaces, roofing, and upgraded electrical are some of the newer improvements. This could be an opportunity where you live in one unit and rent out the others to cover your living expenses!

This 0.18+/- acre property is located within easy walking distance to downtown Millinocket, close to grocery store, restaurants, hospital, gas station, snowmobile, ATV, biking, and hiking trails, and right on the way to Baxter State Park, Mount Katahdin, and the great North Maine Woods! If you are a recreational enthusiast, this is the place to be!

Asking Price: $249,900*** (As Owner continues to make improvements to the home, the price will increase.)

Owner Financing is available to qualified Buyers with a minimum down payment of $20,000 and minimum monthly payments of $1,750!