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1118 Exeter Rd, Exeter, ME 04435

$299,900
•
  • 3

    bed

  • 3

    bath

  • 1,500

    Sqft ($200/Sqft)

Multi-family for sale 143 days
$20K price drop

About 1118 Exeter Rd

Property type Multi-family
Year built 1865
HOA fee $0/month
Lot size 9 Acre
Movoto estimate
Parking 2 garage spaces
Property description
Income-producing multi-unit property on 9± acres in Exeter with a 3-bedroom main home, two studio apartments, a five-stall horse barn, pasture, pond, garage, and solar system. The seller reports approximately 25,000 in annual rental income from the two studio apartments, each of which includes a full bathroom. The three separate living spaces provide flexibility for owner occupancy, rental use, additional living space, or continued investment. Originally built in 1865 and extensively renovated in 1985, the property combines historic character with substantial acreage and practical improvements. Outbuildings include a new 22' × 28' garage and a 50' × 60' five-stall horse barn with an attached shed. The 9± acres also include pasture, a pond, and open outdoor space for equestrian, gardening, recreational, or homestead use. A 14,000-watt solar system is included. With existing rental income, multiple living spaces, acreage, equestrian infrastructure, solar, and substantial outbuildings, this property offers a versatile opportunity for residential, rental, or investment use in rural Maine. Intended uses are subject to applicable municipal requirements and due diligence.
Listed by
Listing Agent - Kael McCarthy
Listing Office - RE/MAX Infinity
Source: MREIS mls logo
MLS#1664049 • last updated 2 weeks ago
Movoto checked MREIS for data 16 minutes ago
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Overview
Heating Pellets, Propane, Solar, Wood, Direct Vent Heater, Pellet Stove, Wood Stove
Levels/Style Multi-Level, Farmhouse
MLS # 1664049
SqFt 1500
Status Active
Lot Size (Acres) 9
Lot Size (Sqft) 392040
Property Tax 2200
Year Built 1865
Interior
Total # of Bathrooms 3
# Full Baths 3
Laundry Main Level
Flooring Tile, Wood, Hardwood
Interior Features 1st Floor Bedroom, Shower, Storage
Exterior
Foundation Poured Concrete
Construction Wood Frame, Wood Siding
Parking Gravel, 5 - 10 Spaces, Detached
Patio/ Porch Deck
Other Structures Outbuilding, Shed(s), Barn(s)
Lot Features Rural, Agricultural, Farm, Open Lot, Pasture
Amenities / Utilities
Water Source Private, Well
Pool Above Ground
Location
High School District MSAD 46
Zoning Residential
Multifamily Details
Total # Of Units 3
Operating Expense 9500
Gross Income 25000
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2/10
Ridge View Community School
public Grades PK, K-8
Msad 46
4/10
Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
2/100
Walk
63/100
Family
2/100
Dining
60/100
Pet
  • Real Estate
  • ME
  • Penobscot County
  • Exeter
  • 04435
  • 1118 Exeter Rd

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