$299,000
MLS#: 1631188
- Type: Residential
- Lot Size: 1.42 Acres
- Year Built: 1960
- Square Feet: 1,599
Property Details
Spacious 4-Bed, 2-Bath Home with Bonus Rooms & Income Potential - Just 5 Minutes from UMaine!
Orono, Maine | 4 Bed | 2 Bath | 2 Bonus Rooms | 1.42 Acres | 1,599 Sq Ft
Located just 5 minutes from the University of Maine in Orono, this spacious and versatile home offers strong investment potential, a flexible layout, and a rare 1.42-acre lot. Whether you're looking to expand your rental portfolio or settle into a well-positioned residence, this property has the features and location to deliver.
Property Highlights:
4 Bedrooms & 2 Full Bathrooms: Generous bedroom space ideal for student housing, roommates, or family living.
2 Additional Bonus Rooms: Use as home offices, workout spaces, media rooms, or private study areas — plenty of options to suit your lifestyle or rental setup.
1,599 Sq Ft of Living Space: Functional layout that balances private and communal areas for comfortable everyday use.
Large 1.42-Acre Lot: A rare find in-town with room for outdoor living, privacy, or possible future improvements.
Established Rental Use: Currently utilized as a rental property for UMaine students, offering excellent income potential for investors or owner-occupiers.
Prime Location: Close to campus, downtown Orono, restaurants, and Route 2 — easy access for students, faculty, and professionals alike.
Investment & Lifestyle Options:
Maintain as a reliable college rental with strong demand
Live-in owner setup with space for roommates or family
Whether you're seeking steady rental income or a flexible home base in a thriving university town, this Orono property delivers both opportunity and value.
Schedule your showing today and see the potential for yourself!
Property Listed by: Better Homes & Gardens Real Estate/The Masiello Group
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
1599
Land Features
Electric:
Circuit Breakers
Map (approximate)
