Opportunity awaits with this spacious and updated 4-bedroom, 3-bath Colonial situated along the Penobscot River in desirable Orono. Enjoy beautiful river views while being conveniently located in town, just a quick drive to the University of Maine, local schools, and all the shopping, dining, healthcare, and amenities of the greater Bangor area. Currently utilized as an investment property with college student rentals, this home offers an excellent opportunity for investors or those looking ahead to future owner occupancy. While officially a 4-bedroom home, it is currently being utilized as a 5-bedroom, showcasing the versatility and abundance of space this property has to offer. Inside, you'll find a bright, open-concept layout with generous living areas and plenty of room to gather. Three full baths provide added convenience, while the full, finished basement offers even more valuable space for recreation, work, hobbies, guests, or simply room to spread out. The combination of an in-town location, river views, generous square footage, and convenient access to the University of Maine makes this property a unique offering in the Orono market. Whether you're looking to add to your investment portfolio or envisioning this spacious riverside property as a future home, there is plenty of potential here. Current leases are in place and are to be honored through the end of the 2026-2027 school year. Please allow a minimum of 24 hour notice for showings due to tenants. Call today to schedule your private showing.
Pending
$350,000
6 Water Street, Orono, ME 04473
4beds
2,572sqft
Single Family Residence
Built in 2000
3,920 Square Feet Lot
$350,900 Zestimate®
$136/sqft
$-- HOA
What's special
Beautiful river viewsFull finished basementBright open-concept layout
- 21 days
- 518
- 30
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
NextHome Experience
Source: Maine Listings,MLS#: 1679968
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Closet, Full Bath, Jetted Tub, Suite, Walk-In Closet(s)
- Level: Second
- Area: 217.5 Square Feet
- Dimensions: 15 x 14.5
Bedroom 1
- Features: Closet
- Level: Second
- Area: 116.04 Square Feet
- Dimensions: 9.67 x 12
Bedroom 2
- Features: Closet
- Level: Second
- Area: 139.37 Square Feet
- Dimensions: 11 x 12.67
Bedroom 3
- Features: Closet
- Level: Basement
- Area: 114 Square Feet
- Dimensions: 9.5 x 12
Den
- Level: Basement
- Area: 201.84 Square Feet
- Dimensions: 12 x 16.82
Kitchen
- Features: Eat-in Kitchen
- Level: First
Laundry
- Level: Second
- Area: 76.64 Square Feet
- Dimensions: 9.58 x 8
Living room
- Level: First
- Area: 560 Square Feet
- Dimensions: 16 x 35
Mud room
- Features: Closet
- Level: First
- Area: 65 Square Feet
- Dimensions: 10 x 6.5
Office
- Level: Basement
- Area: 67.06 Square Feet
- Dimensions: 9.58 x 7
Heating
- Direct Vent Heater, Hot Water, Zoned, Radiant
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Features
- Bathtub, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
- Flooring: Tile, Wood
- Basement: Exterior Entry,Interior Entry,Walk-Out Access,Daylight,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 2,572
- Total interior livable area: 2,572 sqft
- Finished area above ground: 1,872
- Finished area below ground: 700
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, Off Street
Features
- Patio & porch: Deck, Porch
- Body of water: Penobscot River
Lot
- Size: 3,920 Square Feet
- Features: City Lot, Near Country Club, Near Golf Course, Near Shopping, Level, Rolling Slope
Details
- Parcel number: ORONM028001L046
- Zoning: MDR
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 2000
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Orono
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $238,400
- Annual tax amount: $5,174
- Date on market: 9/10/2026
- Road surface type: Paved
Estimated market value
$350,900
$333,000 - $368,000
$2,765/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Pending sale | $350,000$136/sqft |
Source:  Maine Listings #1679968 Report a problem | ||
| 9/10/2026 | Listed for sale | $350,000+52.8%$136/sqft |
Source: Maine Listings #1679968 Report a problem | ||
| 5/30/2018 | Sold | $229,000+1.8%$89/sqft |
Source: Maine Listings #1342895 Report a problem | ||
| 5/30/2014 | Sold | $225,000$87/sqft |
Source: Maine Listings #1104348 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,090 +0.4% | $238,400 +10% |
| 2023 | $5,071 -1.7% | $216,700 |
| 2022 | $5,157 +0.2% | $216,700 |
| 2021 | $5,147 | $216,700 |
| 2020 | $5,147 -13.5% | $216,700 -3.6% |
| 2019 | $5,949 -2% | $224,900 |
| 2018 | $6,072 +3.8% | $224,900 |
| 2017 | $5,847 +4.6% | $224,900 |
| 2016 | $5,589 +1.8% | $224,900 |
| 2015 | $5,488 +2.3% | $224,900 |
| 2014 | $5,364 +2.8% | $224,900 |
| 2013 | $5,218 +7.4% | $224,900 |
| 2012 | $4,858 +8.9% | $224,900 +4.7% |
| 2010 | $4,459 | $214,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 04473
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