1118 Exeter Rd Exeter, ME 04435
Estimated payment $1,838/month
Highlights
- Barn
- Scenic Views
- Wood Burning Stove
- Above Ground Pool
- Deck
- Farm
About This Home
Income-producing multi-unit property on 9± acres in Exeter, generating approximately 25,000 in annual rental income. Originally built in 1865, with extensive renovations completed in 1985, this historic property includes a 3-bedroom, 1-bath main home along with two separate studio apartment units, each with a full bathroom. The layout offers flexibility for owner occupancy, rental income, additional living space, or continued investment use.
The property features a new 22' x 28' garage, a 50' x 60' five-stall horse barn with attached shed, pasture area, pond, and open outdoor space suitable for animals, gardening, recreation, or homestead use. A 14,000-watt solar system adds energy efficiency and helps offset utility costs.
With rental income already in place, multiple living spaces, 9± acres, barn space, pasture, pond, garage, and solar, this is a hard-to-find opportunity for buyers seeking a flexible rural Maine property with practical use, historic character, and income potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,200
Year Built
- Built in 1865
Lot Details
- 9 Acre Lot
- Rural Setting
- Open Lot
Parking
- 2 Car Detached Garage
- Gravel Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Farmhouse Style Home
- Slab Foundation
- Poured Concrete
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 1,500 Sq Ft Home
- Multi-Level Property
- Wood Burning Stove
- Storage
- Laundry on main level
- Interior Basement Entry
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Shower
Eco-Friendly Details
- Solar Heating System
Outdoor Features
- Above Ground Pool
- Deck
- Shed
- Outbuilding
Farming
- Barn
- Farm
- Agricultural
- Pasture
Utilities
- Window Unit Cooling System
- Heating System Uses Propane
- Heating System Uses Wood
- Pellet Stove burns compressed wood to generate heat
- Heating System Mounted To A Wall or Window
- Generator Hookup
- Private Water Source
- Well
- Septic Tank
- Private Sewer
Listing and Financial Details
- Tax Lot 6-2
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $9,500
- Gross Income $25,000
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,561 | $134,000 | $62,000 | $72,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2026 08/13/26 | Price Changed | $299,900 | -6.3% | $200 / Sq Ft |
| 05/27/2026 05/27/26 | For Sale | $319,900 | 0.0% | $213 / Sq Ft |
| 06/02/2022 06/02/22 | For Rent | $900 | -- | -- |
Source: Maine Listings
MLS Number: 1664049
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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