Closed

$1,490,000

97 Penobscot Avenue, Millinocket, ME 04462

--beds

--baths

23,815sqft

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$63/sqft

$1,420 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,420/mo

Zestimate^® history

Owner options

List your home for rent

$1,420/mo

Rent Zestimate^®

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

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$1,420/mo

Rent Zestimate^®

Refinance and save

$7,628/mo

Est. payment

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$7,628/mo

Est. payment

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What's special

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.

Facts & features

Interior

Heating

Baseboard, Blowers, Hot Water, Zoned

Cooling

None

Features

Flooring: Carpet, Laminate, Vinyl
Basement: Interior Entry,Full,Partial,Unfinished

Interior area

Total structure area: 23,815
Total interior livable area: 23,815 sqft
Finished area above ground: 23,815
Finished area below ground: 0

Property

Parking

Parking features: Gravel, Paved, 1 - 4 Spaces, 5 - 10 Spaces, 11 - 20 Spaces, 21+ Spaces, On Site

Features

Levels: Multi/Split
Body of water: Millinocket Stream

Lot

Size: 2.35 Acres
Features: City Lot, Neighborhood, Other, Level, Open Lot, Rolling Slope, Sidewalks

Details

Parcel number: MLNK000005000000000216U
Zoning: R14*

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Masonry, Wood Frame, Concrete, Vinyl Siding, Wood Siding
Foundation: Stone, Poured Concrete, Slab
Roof: Metal,Pitched,Shingle

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer, Public Sewer, Septic Tank
Water: Private, Public
Utilities for property: Utilities On

Community & neighborhood

Location

Region: Millinocket

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
7/2/2026	Pending sale	$1,499,999+0.7%$63/sqft
Source: Maine Listings #1620291 Report a problem
6/30/2026	Sold	$1,490,000-0.7%$63/sqft
Source: Maine Listings #1620291 Report a problem
4/16/2026	Contingent	$1,499,999$63/sqft
Source: Maine Listings #1620291 Report a problem
4/13/2026	Pending sale	$1,499,999$63/sqft
Source: Maine Listings #1620291 Report a problem
4/25/2025	Listed for sale	$1,499,999$63/sqft
Source: Maine Listings #1620291 Report a problem