$350,000

8 Cottage St Milbridge, ME 04658

Estimated payment $1,962/month

Total Views 2,198
-- Bed
2 Baths
1,323 Sq Ft
$265 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Radiator
  • Victorian Architecture
  • Level Lot
  • 3-minute walk to Cross Island National Wildlife

About This Home

Attention Investors! This beautifully maintained and charming 2-unit property in the heart of Milbridge offers established tenants and a strong rental history, both short-term and long-term. This turn-of-the century property still has the original cranberry glass in some of the windows. Numerous updates make this an outstanding opportunity—ideal for investment or owner-occupied living. Both units are mostly furnished, with a detailed list of included items available. Milbridge is a vibrant coastal community featuring a theater, library, medical center, restaurants, grocery store, community garden, and public boat launch—ensuring there's always something to enjoy close to home. Conveniently situated between Ellsworth, Machias, and Winter Harbor, this property is just an hour from Acadia National Park and 1.5 hours from Bangor International Airport. Income and expense information provided to qualified buyers.

Listing Agent

Stacy White

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/18/2025

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1902

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • 1,323 Sq Ft Home
  • Victorian Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Radiator
  • Private Sewer

Additional Features

  • 2 Full Bathrooms
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number MILE-000007-000000-000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,512

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: GPS works! Take Cottage Street from Route 1 in Milbridge and this is the first home on the left just past Camden National Bank.
  • Above Grade Finished Sq Ft: 1323.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 1902
  • Contract Information:List PriceSqFt: 264.55
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Partially
  • Has Basement: Doghouse, Exterior Entry, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate, Wood

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: MILE-000007-000000-000016
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1512.0
  • Tax Lot: 16

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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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

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
2022 $1,427 $93,900 $32,400 $61,500
2021 $1,543 $93,900 $32,400 $61,500
2020 $1,421 $93,900 $32,400 $61,500
2019 $1,538 $93,900 $32,400 $61,500
2018 $1,521 $93,900 $32,400 $61,500
2017 $1,573 $93,900 $32,400 $61,500
2016 $1,561 $99,100 $34,200 $64,900
2015 $1,596 $104,300 $36,000 $68,300
2014 $1,627 $104,300 $36,000 $68,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2025 10/18/25 For Sale $350,000 +382.8% $265 / Sq Ft
09/22/2017 09/22/17 Sold $72,500 -14.7% $60 / Sq Ft View Prior Sale
07/22/2017 07/22/17 Pending -- -- --
09/20/2016 09/20/16 For Sale $85,000 -- $71 / Sq Ft
Source: Maine Listings

Purchase History

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

Source: Maine Listings

MLS Number: 1641254

Maine Listings

APN: MILE-000007-000000-000016