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Sold on 06/30/2026
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97 Penobscot Ave, Millinocket, ME 04462

  • $1,490,000

    Last sold 06/30/2026 after 431 Days

  • —

    bed

  • —

    bath

  • 23,815

    Sqft ($63/Sqft)

Multi-family not for sale
Learn about Millinocket's top local Real Estate agents

About 97 Penobscot Ave

Property type Multi-family
HOA fee $0/month
Lot size 2.35 Acre
Movoto estimate
Property 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 with 20% down payment, For a qualified buyer), Vacant apartments available to increase your cash flow! Add these 32 units to your portfolio.
Listed by
Listing Agent - Adrian Nadeau
Listing Office - ERA Dawson-Bradford Co.
Source: MREIS mls logo
MLS#1620291 • last updated 1 month ago
Movoto checked MREIS for data 7 minutes ago
Overview
Heating Oil, Baseboard, Blowers, Hot Water, Zoned
Levels/Style Multi-Level, Other
MLS # 1620291
SqFt 23815
Status Closed
Lot Size (Acres) 2.35
Lot Size (Sqft) 102366
Property Tax 4888
Year Built 9999
Interior
Flooring Carpet, Laminate, Vinyl
Exterior
Foundation Stone, Poured Concrete, Slab
Construction Masonry, Wood Frame, Concrete, Vinyl Siding, Wood Siding
Parking Gravel, Paved, 1 - 4 Spaces, 5 - 10 Spaces, 11 - 20 Spaces, 21+ Spaces, On Site
Lot Features Intown, Neighborhood, Other, Level, Open Lot, Rolling Slope, Sidewalks
Amenities / Utilities
Water Source Private, Public
Location
Body of Water Millinocket Stream
Zoning R14*
Multifamily Details
Lot/ Land Details
Road Surface Paved
$1.68M
Range: $1.51M-$1.85M
Last 30 days 
  • Jul 2026
    mls logo MLS # 1620291
  • Jul 2, 2026 Sold
    $1,490,000 (-0.7%)
  • Jul 2, 2026 Pending
    —
  • Apr 16, 2026 Active
    —
  • Apr 13, 2026 Pending
    —
  • Apr 25, 2025 Listed
    $1,499,999
  • Mar 19, 2025 Listed
    $1,499,999
  • 97 Penobscot Ave
    $1.49M
  • —
  • 04462
    $167K 0% y/y
  • Millinocket
    $159K -9% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
7/10
Granite Street School
public Grades PK, K-5
Millinocket Public Schools
3/10
Stearns High School
public Grades 6-12
Millinocket Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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