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Sold on 05/01/2024
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57 Hillside Rd, Orono, ME 04473

$266,000

Last sold 05/01/2024 for $235K

  • 2

    bed

  • 2

    bath

  • 1,560

    Sqft ($151/Sqft)

Multi-family not for sale
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About 57 Hillside Rd

Property type Multi-family
Year built 1880
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Property description
A well kept apartment building in Orono, perfect for investors or owner-occupants seeking rental income. This property boasts two units, each offering two bedrooms and one bath. Enjoy the convenience of separate entrances, providing privacy for both tenants. Each unit has direct access to the storage area located at the back of the property. This area could be finished for extra living space. Conveniently located one mile from University of Maine and only a short walk to Webster Park or Downtown Orono. This property presents an excellent opportunity for steady rental income or comfortable living. Don't miss out on this fantastic investment in a prime location!
Listed by
Listing Agent - Jessica Mertz
Listing Office - Better Homes & Gardens Real Estate/The Masiello Group
Source: MREIS mls logo
MLS#1584205 • last updated 7 months ago
Movoto checked MREIS for data 1 minute ago
Overview
Heating Baseboard
Levels/Style Colonial, Farmhouse, New Englander, 2
MLS # 1584205
SqFt 1560
Status Closed
Lot Size (Acres) 0.15
Lot Size (Sqft) 6534
Property Tax 3220
Year Built 1880
Interior
Total # of Bathrooms 2
# Full Baths 2
Flooring Carpet, Vinyl
Exterior
Roof Shingle
Amenities / Utilities
Water Source Public
Location
High School District RSU 26
Zoning MDR
Multifamily Details
Total # Of Units 2
Operating Expense 6800
Gross Income 23700
$266K
Range: $236K-$295K
Last 30 days 
  • May 2024
    mls logo MLS # 1584205
  • May 1, 2024 Sold
    $235,000 (+4.5%)
  • Mar 20, 2024 Active
    —
  • Mar 15, 2024 Listed
    $224,900
  • Mar 14, 2024 Listed
    $224,900
  • Feb 2023
    mls logo MLS # 1538923
  • Feb 2, 2023 Expired
    —
  • Aug 24, 2022 Listed
    —
  • Aug 10, 2022 Active
    —
  • Aug 1, 2022 Listed
    $224,900 (+299.5%)
  • Jan 2000
    mls logo MLS # 265480
  • Jan 22, 2000 Expired
    —
  • Jan 22, 1999 Listed
    $56,300
  • Year Property taxes Tax assessment
  • 2025
    $3,285 +1.6%
    $165,100 +9.05%
  • 2024
    $3,232 +0.4%
    $151,400 +10.03%
  • 2023
    $3,220 -1.7%
    $137,600
  • 2022
    $3,275 +0.2%
    $137,600
  • 2021
    $3,268 +46.7%
    $137,600 +73.52%
  • 2020
    $2,228 +6.2%
    $79,300
  • 2019
    $2,097
    $79,300
  • 57 Hillside Rd
    $235K
  • —
  • 04473
    $289K -29% y/y
  • Orono
    $315K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Orono Middle School
public Grades 6-8
Regional School Unit 26
5/10
Orono High School
public Grades 9-12
Regional School Unit 26
Source: GreatSchools.org © 2026. All rights reserved.

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