Skip main navigation
Closed
  • $424,900

    54 Penobscot Street, Orono, ME 04473

    4beds
    2,090sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $424,900 Zestimate®
    $203/sqft
    $1,619 Estimated rent

    Home value

    $424,900

    $399,000 - $455,000

    $1,619/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,619/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,619/mo

    Rent Zestimate®

    Refinance and save

    $2,175/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,175/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    New oil tankNew blowerBuilt-in bookshelvesLarge picture windowNew paintVinyl flooringCarpeted bedroom

    Charming 3-unit, just a half mile from the University of Maine, with incredible views of the Penobscot River is becoming available after one owner for last thirty years. Built as the Webster School in 1900, clay marbles have been found many times in the garden. Two units are one bedroom and the owner's apartment is a two bedroom with a large deck overlooking the back yard. Unit 3 has recently had many new updates, with a new gas stove, washer, refrigerator, new carpet, vinyl flooring and wood floor refurbished. Unit 2 has built-in bookshelves, a faux fireplace/mantle, living room kitchen combination with wood floors, carpeted bedroom with lots of storage and full bathroom. Unit 1 has large picture window that lets sun to pour through, large living room with wood floor, two large office/storage areas, new paint in full bathroom and bedroom, two large closets in master bedroom, sweet kitchen and carpeted bedrooms. Pull down stairs to an attic is an extra plus for storage or increased living space. Forced hot air heating system with new blower has been serviced yearly, new oil tank, Rinnai hot water on demand, all new windows, storage shed, pallets for storage in basement, large work bench. Close to recreational trails and all Orono amenities. A 3.37 % assumable mortgage for a portion of the sale price is available. Multi-units with such character rarely come on the market. Here is your chance!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Realty of Maine

    Bought with:

    Better Homes & Gardens Real Estate/The Masiello Group

    Source: Maine Listings,MLS#: 1558940MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Attic, Bathtub, One-Floor Living, Shower, Storage
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Windows: Double Pane Windows
    • Basement: Bulkhead,Dirt Floor,Full,Unfinished
    Interior area
    • Total structure area: 2,090
    • Total interior livable area: 2,090 sqft
    • Finished area above ground: 2,090
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces, Off Street
    Features
    • Stories: 2
    • Patio & porch: Deck, Porch
    • Has view: Yes
    • View description: Scenic
    • Body of water: Penobscot River
    Lot
    • Size: 5,662 sqft
    • Features: City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Open Lot, Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: ORONM020003L068
    • Zoning: 11:11
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,New Englander,Victorian
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Clapboard
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Water Heater

    Community & neighborhood

    Location
    • Region: Orono

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2023Sold$375,500+7.3%$180/sqft
    Source: Maine Listings #1558940 Report a problem
    5/21/2023Pending sale$349,900$167/sqft
    Source: Maine Listings #1558940 Report a problem
    5/15/2023Listed for sale$349,900$167/sqft
    Source: Maine Listings #1558940 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,142 +0.4%$194,000 +10%
    2023$4,125 -1.7%$176,300
    2022$4,196 +0.2%$176,300
    2021$4,187 $176,300
    2020$4,187 +25.9%$176,300 +40.3%
    2019$3,325 -2%$125,700
    2018$3,394 +3.9%$125,700
    2017$3,268 +4.6%$125,700
    2016$3,124 +1.9%$125,700
    2015$3,067 +2.3%$125,700
    2014$2,998 +2.8%$125,700
    2013$2,916 +7.4%$125,700
    2012$2,715 $125,700

    Find assessor info on the county website

    Neighborhood: 04473

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.