97 Penobscot Ave Millinocket, ME 04462
Estimated payment $8,422/month
Highlights
- Waterfront
- No HOA
- Carpet
- 2.35 Acre Lot
- Baseboard Heating
About This Home
32 UNITS in FIVE Separate buildings located in Millinocket, Maine plus a spare lot for extra parking. Opportunity to expand your real estate holdings, in an area known for its various recreational activities. Live in one of the units while managing the others. All within a two mile radius of each other. Rental amounts for each building with spreadsheet are included in the attachments. All buyers are to sign a confidentiality agreement for detailed financials. (Possible Seller financing available with 20% down payment, For a qualified buyer), Vacant apartments available to increase your cash flow! Add these 32 units to your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,888
Lot Details
- 2.35 Acre Lot
- Waterfront
Home Design
- Pitched Roof
- Shingle Roof
- Metal Roof
Interior Spaces
- 23,815 Sq Ft Home
- Fireplace Features Blower Fan
- Water Views
- Interior Basement Entry
Flooring
- Carpet
- Laminate
- Vinyl
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 216*
- Assessor Parcel Number MLNK-000005-000000-000216U
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,853 | $211,000 | $13,500 | $197,500 |
| 2024 | $4,888 | $177,100 | $6,800 | $170,300 |
| 2023 | $4,033 | $143,000 | $6,800 | $136,200 |
| 2022 | $3,755 | $127,300 | $6,800 | $120,500 |
| 2021 | $3,780 | $116,300 | $6,800 | $109,500 |
| 2020 | $3,743 | $110,100 | $6,800 | $103,300 |
| 2019 | $3,633 | $110,100 | $6,800 | $103,300 |
| 2018 | $3,578 | $110,100 | $6,800 | $103,300 |
| 2017 | $3,556 | $110,100 | $6,800 | $103,300 |
| 2016 | $3,446 | $110,100 | $6,800 | $103,300 |
| 2015 | $3,266 | $110,100 | $6,800 | $103,300 |
| 2014 | $3,259 | $110,100 | $6,800 | $103,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | For Sale | $1,499,999 | 0.0% | $63 / Sq Ft |
| 09/30/2025 09/30/25 | Off Market | $1,499,999 | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $1,499,999 | -- | $63 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1620291
APN: MLNK-000005-000000-000216U
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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