348 Main St, Corinth, ME 04427

$249,000
4
BA
936
SqFt

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Listing courtesy of NextHome Experience.

List Price
$249,000
MLS#
1649605
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
City
Corinth
County
Penobscot
Bathrooms
4
Living Area
936
Lot Size
27,007
Year Built
1900

Property Description

Excellent investment opportunity in the heart of Corinth! This property, located at 348 Main Street in Corinth is a nice, four-unit apartment building that offers strong income potential in a highly convenient, central location--perfectly situated between Bangor and Dover-Foxcroft. The property features one spacious two-bedroom unit, one, one-bedroom unit, and two efficiency units with a solid history of consistent occupancy. Heat is provided by a single oil-fired furnace, keeping systems centralized and efficient, and the building is served by private water and sewer. The current owner has completed several recent upgrades, adding to the overall condition and long-term value of the property. Recently, solar panels were added to the building. With easy access from the road, high visibility, and a walkable Main Street location, this building is attractive to tenants and easy to manage. Whether you're expanding your portfolio or stepping into your first multi-unit investment, this property offers reliable rental demand, a practical unit mix, and strong upside potential in a growing area. A solid, income-producing asset in a great location. Call today to set up a showing!

Additional Information

Living Area
936
Electric
Circuit Breakers
Water
Private Well
Basement
Exterior Entry, Partial
Cooling
None
Year Built
1900
Acres
0.62
Roof
Shingle
Foundation
Stone, Granite
School District
RSU 64/MSAD 64
Style
Colonial
Courtesy Of Listing Office
NextHome Experience

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Calculator source: Real Geeks

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