$155,000
Price
4
Beds
1,625 Sq. Ft.
$95 / Sq. Ft.
1,625
Sq. Ft.
$95
per Sq. Ft.

Description

Looking for a property in Millinocket? Look no further. Great investment! Two 2-bedroom units with each having its own separate heating system as well as its own water and sewer! One even has a garage underneath it. Great in-town lot with plenty of parking area or even a space to build another garage! Great rental history. Rents are based on a month-to-month basis for one tenant who has been there for over five years. Just around the corner is access to Mount Katahdin and the North Maine woods! Great...Looking for a property in Millinocket? Look no further. Great investment! Two 2-bedroom units with each having its own separate heating system as well as its own water and sewer! One even has a garage underneath it. Great in-town lot with plenty of parking area or even a space to build another garage! Great rental history. Rents are based on a month-to-month basis for one tenant who has been there for over five years. Just around the corner is access to Mount Katahdin and the North Maine woods! Great for the outdoorsy. Hiking, Fishing, kayaking, hunting, snowmobiling, etc,.. Even if you didn't want to live there, if you're tired of trailering your toys back and forth rent out both units and have a place to store your toys while getting an income. Possibilities are endless.
  1. Listed by Mark Beal • Beal Realty

Property Details for 72 East Terrace

Waterfront
No
ArchitecturalStyle
Colonial
Garage Spaces
1.00
Garage
Yes
Zoning
RES
LISTING UPDATED: 12/15/2025 04:38 PM

Property Details for 72 East Terrace

StatusActive
MLS #1643740
Days on Market37
Taxes$1,569 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1929
Lot Size0.19 AC / 8,276 SF
CountyPenobscot County

Location

Listing Courtesy of Beal Realty
Add your commute

Building Information for 72 East Terrace

Stories2Residences2Year Built1929Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$897 per month

30 year fixed, 6.28% Interest

Principal and Interest

$766

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 72 East Terrace

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1636
  • Directions: 72 East Terrace, Millinocket
  • Town: Millinocket
  • State/Province: ME
  • Zip Code: 04462
  • County: Penobscot
  • Geo Latitude: 45.664627
  • Geo Longitude: -68.710195
  • Tax Lot: 181
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Intown: Yes
  • Location:Neighborhood: Yes
  • Location:Suburban: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved, Inside Entrance
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 14917
  • Tax Map Number: U3
  • Tax Year: 2025
  • Parcel Number: MLNK-000003-000000-000181U
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $1,569.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Other Water Heater: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1625.0
  • Lot Size Acres: 0.19
  • Source of Acreage: Public Records
  • Building Area Total: 1625.0
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8276.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 72
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: white
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1929
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:1 Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Interior, Walk-Out Access, Full, Exterior Only, Unfinished
  • Flooring: Vinyl, Other, Laminate
  • Cooling: None
  • Heating: Forced Air
  • Foundation Details: Block
  • Laundry Features: Washer Hookup
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Stories: 2
  • Building Info:# Heating Units: 2
  • Building Info:# Water Heaters: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $675.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 72 East Terrace

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Price Change

Maine Listings #1643740

$155,000
Dec 8, 2025

Price Change

Maine Listings #1643740

$159,500
Nov 17, 2025

Listed (Active)

Maine Listings #1643740

$169,900
Aug 24, 2018

Sold

Maine Listings #1321216

$29,500
Jul 20, 2018

Pending

Maine Listings #1321216

Jul 20, 2018

Active Under Contract

Maine Listings #1321216

Aug 8, 2017

Listed (Active)

Maine Listings #1321216

$39,900
DateEvent & SourcePrice
12/15/2025

Price Change

Maine Listings #1643740

$155,000
12/08/2025

Price Change

Maine Listings #1643740

$159,500
11/17/2025

Listed (Active)

Maine Listings #1643740

$169,900
08/24/2018

Sold

Maine Listings #1321216

$29,500
07/20/2018

Pending

Maine Listings #1321216

07/20/2018

Active Under Contract

Maine Listings #1321216

08/08/2017

Listed (Active)

Maine Listings #1321216

$39,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 72 East Terrace

Taxable ValueLand$10,100Additions$58,100Total$68,200
Tax Record2025$1,569 ($131 / month)
Home Facts
Beds0Lot Size8,276 SqFtStyleSingle Family ResidenceZoningR1CountyPENOBSCOTAPNMLNK M:U03 L:181

Schools near 72 East Terrace

This home is within Millinocket Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Granite Street School
PublicPK to 5

Stearns High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

72 East Terrace is a multi-family home for sale in Millinocket, ME 04462. This property was listed for sale on November 17, 2025 by Beal Realty, it's currently listed at $155,000. It has been on the market for a total of 37 days and was last sold on August 24, 2018. This listing's school district is Millinocket Public Schools. Nearby schools include Granite Street School and Stearns High School. 72 East Terrace is a 4-bed, 2-bath, 1,625 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beal Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.