$329,000

340 Main Rd Passadumkeag, ME 04475

Estimated payment $2,032/month

-- Bed
2 Baths
4,464 Sq Ft
$74 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • Concrete Flooring
  • Wood Siding

About This Home

Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99± acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion.

Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or investors looking for immediate cash flow.

The lower level was previously used as a general store and lunch counter but is now a blank slate, ready to be reimagined. With proper approvals, this space could be converted into additional rental units, a workshop, studio space, or a live/work setup, depending on your vision.

Whether you're looking to expand your rental portfolio, start a small business, or create a custom living space, 340 Main Road offers flexibility and value in a rural setting.

Listing Agent

Chelsea Ireland

NextHome Experience Listed on: 10/02/2025

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1984

Lot Details

  • 1.99 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • 4,464 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Outdoor Features

  • Nearby Water Access
  • River Nearby

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic Design Available
  • Private Sewer
  • Internet Available

Additional Features

  • 2 Full Bathrooms
  • Washer and Dryer Hookup
  • City Lot

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 340MainRoadPassadumkeagMaine04475

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.99
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: From I-95 take exit 217 toward Howland, follow Route 115 through Howland over the bridge to West Enfield, take a right on Route 2, 6.8+/- miles to the property on the right.
  • Above Grade Finished Sq Ft: 4464.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.99
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 4464.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 19200.0
  • Income Expenses Operating Expenses: 5000.0
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Floors:Concrete2: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Sewer:Septic Tank: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Concrete, Carpet

Exterior Features

  • Lot Features: Open, Level, Intown, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 86684.4
  • Parcel #: 340MainRoadPassadumkeagMaine04475
  • Zoning: Res/Commercial

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 3376.0
  • Tax Lot: 38
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 For Sale $329,000 -- $74 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1639544

Maine Listings
Maine Penobscot County Passadumkeag 04475

340 Main Rd, Passadumkeag, ME

This home is located at 340 Main Rd, Passadumkeag, ME 04475 and is currently priced at $329,000, approximately $73 per square foot. This property was built in 1984. 340 Main Rd is a home located in Penobscot County with nearby schools including Enfield Station Elementary School, Hichborn Middle School, and Penobscot Valley High School.

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.

Maine Listings 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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Chelsea Ireland
Listing Agent
Chelsea Ireland
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NextHome Experience
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