$169,900

72 East Terrace Millinocket, ME 04462

Estimated payment $1,028/month

Total Views 146
-- Bed
2 Baths
1,625 Sq Ft
$105 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Porch
  • 1 Car Garage
  • No HOA
  • Forced Air Heating System
  • Level Lot

About This Home

Looking for a property in Millinocket? Look no further. Great investment! Two 2-bedroom units with each having its own separate heating system as well as its own water and sewer! One even has a garage underneath it. Great in-town lot with plenty of parking area or even a space to build another garage! Great rental history. Rents are based on a month-to-month basis for one tenant who has been there for over five years. Just around the corner is access to Mount Katahdin and the North Maine woods! Great for the outdoorsy. Hiking, Fishing, kayaking, hunting, snowmobiling, etc,.. Even if you didn't want to live there, if you're tired of trailering your toys back and forth rent out both units and have a place to store your toys while getting an income. Possibilities are endless.

Listing Agent

Mark Beal

Beal Realty Listed on: 11/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1929

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,625 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Porch

Location

  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Internet Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 181
  • Assessor Parcel Number MLNK-000003-000000-000181U

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,569

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: 72 East Terrace, Millinocket
  • Above Grade Finished Sq Ft: 1625.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1929
  • Contract Information:List PriceSqFt: 104.55
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Exterior Entry, Interior Entry, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate, Other, Vinyl

Exterior Features

  • Lot Features: Intown, Neighborhood, Suburban, Level, Open Lot
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, 5 - 10 Spaces

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: MLNK-000003-000000-000181U
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1569.0
  • Tax Lot: 181

Map

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $1,521 $55,100 $5,000 $50,100
2023 $1,272 $45,100 $5,000 $40,100
2022 $1,195 $40,500 $5,000 $35,500
2021 $1,212 $37,300 $5,000 $32,300
2020 $1,207 $35,500 $5,000 $30,500
2019 $1,172 $35,500 $5,000 $30,500
2018 $1,154 $35,500 $5,000 $30,500
2017 $1,147 $35,500 $5,000 $30,500
2016 $1,534 $49,000 $5,000 $44,000
2015 $1,053 $35,500 $5,000 $30,500
2014 $1,051 $35,500 $5,000 $30,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $169,900 +475.9% $105 / Sq Ft
08/24/2018 08/24/18 Sold $29,500 -26.1% $18 / Sq Ft View Prior Sale
07/20/2018 07/20/18 Pending -- -- --
08/08/2017 08/08/17 For Sale $39,900 -- $25 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Not Resolvable -- --
Source: Public Records

Source: Maine Listings

MLS Number: 1643740

Maine Listings

APN: MLNK-000003-000000-000181U