$113,110
SOLD MAY 1, 2025

28 Katahdin Ave Millinocket, ME 04462

-- Bed
3 Baths
1,825 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

10% Below List Price

9 Days on Market

Highlights

  • Cape Cod Architecture
  • Porch
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of May 2025

This cozy and well maintained three family home offers great opportunity as an investment property or even live in one unit and let the two other units pay your mortgage and expenses! The property currently grosses $2370 a month with opportunity to increase 30% with updates. There has also been an add on to one of the 1 bedroom units, making this actually have two 2 bedroom units. Two units have w/d hookups and there is an enclosed front porch. The home is located right near downtown and nearby snowmobile and ATV trails. Don't miss out on this opportunity!
** SELLER CONCESSIONS AVAILABLE- YOU WON'T WANT TO MISS OUT! **

Last Agent to Sell the Property

Kayli Morrow

NextHome Experience Listed on: 03/23/2025

NextHome Experience

Co-Listed By

Cooper Peterson

NextHome Experience

NextHome Experience

Last Buyer's Agent

Cooper Peterson

NextHome Experience

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • 1,825 Sq Ft Home
  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • 3 Full Bathrooms
  • Washer and Dryer Hookup
  • Porch
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 7 / 37
  • Assessor Parcel Number MLNK-000004-000000-000007U

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $28,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,317

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • Co List Office Phone: 207-573-7400
  • MLS Status: Closed
  • Directions: GPS Friendly / Route 157 through Millinocket, turn left at lights onto main street (Penobscot Avenue), continue through and merge slightly left onto Katahdin Avenue. House is on the right.
  • Above Grade Finished Sq Ft: 1825.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 68.49
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1825.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 28680.0
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Advertising Remarks:Advertising Remarks: This cozy and well maintained three family home offers great opportunity as an investment property or even live in one unit and let the two other units pay your mortgage and expenses! The property currently grosses $2380 a month with opportunity to increase 30% with updates. There has also been an add on to one of the 1 bedroom units, making this actually have two 2 bedroom units. Two units have w/d hookups and there is an enclosed front porch. The home is located right near downtown and nearby snowmobile and ATV trails. Don't miss out on this opportunity! ** SELLER CONCESSIONS AVAILABLE- YOU WON'T WANT TO MISS OUT! **
  • Style:Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: MLNK-000004-000000-000007U
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28680.0

Tax Info

  • Tax Annual Amount: 1317.0
  • Tax Block: 37
  • Tax Lot: 7
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2025
Sold by
Peppe Illario and Peppe Greta
Bought by
Preston Realty Llc
Current Estimated Value
$112,786

Purchase Details

Listed on
Mar 23, 2025
Closed on
Apr 30, 2025
Sold by
Tpdv Investments Llc
Bought by
Peppe Illario and Peppe Greta
Seller's Agent
Kayli Morrow
NextHome Experience
Buyer's Agent
Cooper Peterson
NextHome Experience
List Price
$125,000
Sold Price
$113,110
Premium/Discount to List
-$11,890
-9.51%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $113,110 None Available
Warranty Deed $113,110 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $113,110 -9.5% $62 / Sq Ft
03/23/2025 03/23/25 For Sale $125,000 -- $68 / Sq Ft
Source: Maine Listings

Tax History

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 $1,325 $57,600 $5,400 $52,200
2024 $1,317 $47,700 $2,700 $45,000
2023 $1,091 $38,700 $2,700 $36,000
2022 $1,021 $34,600 $2,700 $31,900
2021 $1,030 $31,700 $2,700 $29,000
2020 $1,023 $30,100 $2,700 $27,400
2019 $993 $30,100 $2,700 $27,400
2018 $978 $30,100 $2,700 $27,400
2017 $972 $30,100 $2,700 $27,400
2016 $942 $30,100 $2,700 $27,400
2015 $893 $30,100 $2,700 $27,400
2014 $891 $30,100 $2,700 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1616883

Maine Listings

APN: MLNK-000004-000000-000007U