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395 Fourth Street, 
Old Town, ME 04468

$280,000


Bed


2

Baths


2,100

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Peter Mcphail

United Country Lifestyle Properties Of Maine

Last updated:

June 16, 2025, 07:15 PM

MLS#

1626063

Source:

ME MREIS

About This Home

395 Fourth Street

Located in the heart of Old Town and just minutes from the University of Maine, this well-maintained 2-unit apartment building offers the perfect blend of investment potential and personal use. Whether you're a first-time homebuyer looking to offset your mortgage with rental income, or a parent seeking safe, affordable housing for your student, this is a smart and versatile opportunity. The spacious first-floor unit features 3 bedrooms and 1 full bath, complete with a washer and dryer, making it move-in ready for an owner-occupant or tenant. The second-floor unit offers 2 bedrooms and 1 bath, ideal for additional rental income or student housing. Enjoy a paved driveway and ample off-street parking for both units. Many of the property's major systems have been updated over the years, giving peace of mind to buyers. The building is in great condition and shows pride of ownership throughout. With the University so close, rental demand in the area is strong and steady. This is a rare chance to build equity, reduce monthly housing costs, and own a property in one of Old Town's most convenient locations.

Home Facts

Multi-Family

2 Baths

Built in 1900

Price Summary

280,000

$133 per Sq. Ft.

MLS #:

1626063

Last Updated:

June 16, 2025, 07:15 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,100 Sq. Ft.


Structure

Structure

Architectural Style:

New Englander

Building Area:

2,100 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$280,000

Price per Sq. Ft:

$133 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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