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$1,490,000

  • Sold
  • Closed
  • Multi-Family
  • 2.35 Acres
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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.

Full Property Details for 97 Penobscot Ave

General

  • Sold For: $1,490,000
  • Taxes: $4,888 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1620291
  • Added to Site: 96 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Vinyl

Parking

  • Parking Features: Gravel, Paved, 1 - 4 Spaces, 5 - 10 Spaces, 11 - 20 Spaces, 21 or More Spaces, On-Site Parking

Location

  • County: Penobscot

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Baseboard, Blowers, Hot Water, Zoned

Utilities

  • Sewer: Private Sewer, Public Sewer, Septic Tank
  • Water: Private, Public
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: Other
  • Construction: Masonry, Wood Frame, Concrete, Vinyl Siding, Wood Siding
  • Basement: Yes
  • Basement Desc.: Interior Entry, Slab, Full, Partial, Unfinished
  • Roof: Metal, Pitched, Shingle
  • Square Feet: 23,815
  • Finished Total: 23,815 Sq. Ft.
  • Finished Above Grnd: 23,815 Sq. Ft.
  • Year Built: 9999

Lot Features

  • Lot Size (Acres): 2.35
  • Lot Size (Sq. Ft.): 102,366
  • Zoning: R14*
  • Lot Description: Intown, Neighborhood, Other, Level, Open Lot, Rolling Slope, Sidewalks

Water Features

  • Water Front: Yes
  • Water Front Name: Millinocket Stream

Financial Considerations

  • Tax Amount: $4,888
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 216*

Listed by ERA Dawson-Bradford Co. (207) 947-6788
Sold by NextHome Experience (207) 573-7400

Listing agents

— 97 Penobscot Ave —

  • ERA Dawson-Bradford Co.

    207-947-6788

  • ERA Dawson-Bradford Co.

    207-947-6788

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 97 Penobscot Ave

School District:Millinocket
NameGradesDistance
Granite Street School
191 Granite Street, Millinocket, ME 04462
PK-50.2 mi
Stearns High School
199 State Street, Millinocket, ME 04462
6-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 97 Penobscot Ave

Date
Details
Price
Change
Source
6/30/2026
Sold
$1,490,000
-0.67%
MLS
4/25/2025
Listed
$1,499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by ERA Dawson-Bradford Co. (207) 947-6788
Sold by NextHome Experience (207) 573-7400

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97 Penobscot Avenue, Millinocket, ME 04462 (MLS# 1620291) is a Multi-Family property that was sold at $1,490,000 on June 30, 2026. Want to learn more about 97 Penobscot Avenue? Do you have questions about finding other Multi-Family real estate for sale in Millinocket? You can browse all Millinocket real estate or contact a Coldwell Banker agent to request more information.