97 Penobscot Ave

Beds
Baths
23,815 Sq. Ft.
$63 / Sq. Ft.
23,815
Sq. Ft.
$63
per Sq. Ft.

Description

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...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.
  1. Listed by Adrian Nadeau • ERA Dawson-Bradford Co.
    P: (207)-947-3363 C: (207)-723-1441 andyj@eradawson.com
  2. Listed by Bruce Bragdon • ERA Dawson-Bradford Co.
    P: (207)-947-3363 C: (207)-447-0701 bruce@eradawson.com

Property Details for 97 Penobscot Avenue

Architectural Style
Other
Style
Other
Has Waterfront
Yes
Zoning
R14*
LISTING CLOSED: 07/02/2026 09:41 AM

Property Details for 97 Penobscot Avenue

StatusClosed
MLS #1620291
Days on Market343
Taxes$4,888 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built9999
Lot Size2.35 AC / 102,366 SF
CountyPenobscot County

Location

Listing Courtesy of ERA Dawson-Bradford Co.

Sold By NextHome Experience

Add your commute

Building Information for 97 Penobscot Avenue

Stories-Residences-Year Built9999Building Size-Lot Size2.35 AC / 102,366 SF

Payment Calculator

$7,832 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,425

Property Taxes

$407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 97 Penobscot Avenue

Summary
Location and General Information
  • Water View: Yes
  • Location: Intown, Neighborhood, Other Location
  • Page: 131
  • Directions: Multiple properties for one listing. GPS Friendly, In Millinocket to 97 Penobscot Avenue, 40 Aroostook Avenue, 527 Penobscot Avenue, 2 Station Road, and 20 Cherry Street.
  • Latitude: 45.654771
  • Longitude: -$68.71
  • Source of Water Frontage: Public Records
  • Water Body Type: River
  • Water Body Name: Millinocket Stream
Taxes and HOA
  • Association: No
  • Parcel Number: MLNK-000005-000000-000216U
  • Tax Lot: 216*
  • Tax Book Number: 11134*
  • Tax Map Number: U05
  • Tax Year: 2024
  • Tax Annual Amount: $4,888.00
Parking
  • Parking Features: Gravel, Paved, 1 - 4 Spaces, 5 - 10 Spaces, 11 - 20 Spaces, 21+ Spaces, On Site
  • Parking: 1 - 4 Spaces, 5 - 10 Spaces, 11 - 20 Spaces, 21+ Spaces, On Site, Paved
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Intown, Neighborhood, Other, Level, Open Lot, Rolling Slope, Sidewalks
  • Lot Size Acres: 2.35
  • Lot Size Area: 2.35
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 102366.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Level, Open, Rolling/Sloping, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 23815.0
  • Building Area Total: 23815.0
  • Property Type: Multi-Family
  • Deed: Partial
  • Deed/Conveyance Type Offered: Quit Claim w/Covenant
  • Construction: Masonry, Wood Frame
  • Year Built: 9999
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Stone, Poured Concrete, Slab
  • Foundation Materials: Stone, Poured Concrete, Slab
  • Construction Materials: Masonry, Wood Frame, Concrete, Vinyl Siding, Wood Siding
  • Color: White
Financial Information
  • List Price/SqFt: $62.99
  • Property Repairs Amount: $140,000
  • Property Repairs Y/N: Yes
Utilities
  • Heat Fuel: Oil
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Private Sewer, Public Sewer, Septic Tank
  • Water Source: Private, Public
  • Water Heater: Electric, Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Concrete, Vinyl Siding, Wood Siding
  • Roof: Metal, Pitched, Shingle
  • Driveway: Gravel, Paved
Interior Features
  • Basement: Interior Entry, Slab, Full, Partial, Unfinished
  • Basement: Slab, Full, Partial, Unfinished
  • Has Cooling: No
  • Heating: Oil, Baseboard, Blowers, Hot Water, Zoned
  • Has Heating: Yes
  • Flooring: Carpet, Laminate, Vinyl
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 97 Penobscot Avenue

DateEvent & SourcePriceAppreciation
Jul 2, 2026

Sold

Maine Listings #1620291

Jul 2, 2026

Pending

Maine Listings #1620291

Jun 30, 2026

Sold

Maine Listings #1620291

$1,490,000
DateEvent & SourcePrice
07/02/2026

Sold

Maine Listings #1620291

07/02/2026

Pending

Maine Listings #1620291

06/30/2026

Sold

Maine Listings #1620291

$1,490,000

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

Public Records for 97 Penobscot Avenue

Taxable ValueLand$13,500Additions$197,500Total$211,000
Tax Record2025$4,853 ($404 / month)
Home Facts
Lot Size7,405 SqFtZoningDCCountyPENOBSCOTAPNMLNK M:U05 L:216

Schools near 97 Penobscot Avenue

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of ERA Dawson-Bradford Co.

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.