1

Corinna, ME Multifamily Home for Sale

Section Image
  • /114

    $650,000

    • 7 Baths
    • 6,247 Sq Ft

    5,7,9 Renewal St, Corinna, ME 04928

    Cash Cow Alert!This is the kind of property investors dream about. A cap rate north of 10 percent, steady income, and the chance to own an entire street. Opportunities like this do not come along often.You get three well-maintained buildings plus an oversized garage. The first building is a spacious three unit with a 3 bedroom, 1 bath, a 2 bedroom, 2 bath, and a 2 bedroom, 1 bath. Two

    Corey Lee Real Broker

    5,7,9 Renewal St, Corinna, ME 04928

Why Live in Corinna

Corinna, Maine, incorporated in 1816, offers the charm of rural living while keeping up with modern amenities. The town features early to mid-1900s homes, including ranch-style and Colonial Revival houses, with some Cape Cod and saltbox styles scattered throughout. Many homes have large yards and garages, reflecting the rural setting. Corinna is home to The Farmer’s Table, the only restaurant in town, known for its fresh, locally sourced ingredients. Outdoor enthusiasts can enjoy the Boardwalk Loop Trail, a half-mile hiking trail with birdwatching opportunities and plans for trail extensions and a kayak launch. The Corinna Community Center offers sports fields, an indoor gymnasium, and a playset. Fishing and hunting are popular activities, with trout and bass in local ponds and streams, and deer, moose, and bear in the surrounding areas. The town office, a red brick building with a towering steeple, serves as a central gathering space for community events. Corinna is connected to nearby cities like Dexter and Newport, which are about 7 miles away, and Bangor, 35 miles away, via state routes 7, 222, and 43. The Pittsfield Municipal Airport is 14 miles southwest, and the Northern Light Sebasticook Valley Hospital is 12 miles away. Annual events include Corinna Days, a three-day celebration in August, and a Summer Concert Series at the town’s band shell. The Stewart Library hosts frequent events and houses the town’s museum. Residents can find daily necessities at Dollar General or travel six miles to Hannaford in Newport.

Home Trends in Corinna, ME

Housing Trends

Median Sale Price
$211,500
Median Single Family Sale Price
$157,500
Average Price Per Sq Ft
$147
Number of Homes for Sale
2
Last 12 months Home Sales
20
Months of Supply
1.20
Median List Price
$214,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
21%
How to Buy a Home How to Finance a Home How to Sell a Home