Home For Sale near Penobscot River

PROFITABLE CASH FLOW INVESTMENT IN COLLEGE TOWN: Turnkey Rental Property! Unlock instant rental income with this fully occupied, strategically located property, perfect for the savvy investor seeking consistent returns in a high-demand college market. Situated just 3 miles from University of Maine Orono, this isn't just a home; it's a proven cash-flow machine! This property includes - 7 bedrooms/2.5 bath and 2 kitchens in this prized area of Maine - Easy access to I 95, Walkable to downtown amenities, close to Penobscot Reservation, and Dewitt Field/Old Town Municipal Airport. Leases are currently in place until May of 2026. Don't miss your chance to own this unique investment; it simply won't last long.

Property Details

  • Beds: 5
  • Baths: 0.0
  • Sq Feet: 2260
  • Year Built: 1920
  • Location: Penobscot River
  • Acres: 0.460
  • County: Penobscot County
  • Heat/AC: Forced Air
  • Siding: Asbestos, Wood Frame
  • Roof: Shingle
  • MLS #: 1649376

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Contact Agent
Buyer's Agent: Carolyn Fish
Next Home Experience
207-944-8466
Please say you found it on Lakehouse.com !
Listing Agent: Christine Libby, Harris Real Estate, 207-779-6100, 207-779-9000 Listing Site, Listing Status: Active
Copyright © 2025 Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Old Town, Maine
Ad Number : 7129685
Viewed: 37 times
Added: Jan 14, 2026
Updated on: Jan 15, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.