916 Main Street, Old Town, ME 04468

$317,500
Property Type: Multi-Family Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $317,500 List Date: 3/16/2026 Last Modified: 3/19/2026

Description

Welcome to 916 Main Street, a fully rehabbed duplex offering a great opportunity for both homeowners and investors. This property may qualify for FHA/CONV/VA financing, allowing a buyer to live in one unit while renting the other to help offset the mortgage payment a powerful way to begin building wealth through real estate while lowering your monthly housing costs. Completely taken down to the studs and thoughtfully rebuilt, this duplex offers modern, efficient living just minutes from campus. Each unit features a smart layout with updated kitchens, stylish bathrooms, and fresh finishes throughout. The property was upgraded with spray foam insulation and electric baseboard heat, helping keep utility costs efficient while maintaining year-round comfort. Both units also feature private entrances, giving occupants added privacy and independence. Tenants pay their own electricity, while public water, sewer, and trash are included, helping keep operating costs predictable for the owner. Located just minutes from the University of Maine, this duplex sits in a strong rental market with consistent demand from students and long-term tenants alike. Whether you're looking to house-hack your first property or add a solid duplex to your portfolio, 916 Main Street offers flexibility, efficiency, and long-term potential.

Supplements: ********

More Information MLS# 1639805

Location Information

Street #: 916 Street Name: Main Street Type: Street County: Penobscot Town: Old Town State/Province: ME Zip Code: 04468 Zip +4: 2015 Leased Land: No Book: 16722 Page: 56 Map: 30 Lot: 4 Zoning: Residential Zoning Overlay: No Association: No Full Tax Amount $: 2239 Tax Year: 2024 Tree Growth Y/N: No Geo Lat: 44.913472 Geo Lon: -68.639339

Contract Information

Status: Active Original List Price: 325000 List Price: $317,500 Current Price: $317,500

Property Information

Surveyed: No Seasonal: No Number of Units: 2 Total Baths: 2 Total Full Baths: 2 Year Built: 1900 SqFt Finished Above Grade: 1500 SqFt Finished Total: 1500 Garage: No Lot Size Acres +/-: 0.14 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Units

# of 2 BD Units: 2

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 900 # Full Baths: 1 # of Rooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 900 # Full Baths: 1 # of Rooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Property Features

Site: Open Location: Near Shopping Roads: Paved Style: Contemporary Construction: Wood Frame Basement: Slab Basement Entry: Not Applicable Exterior: Wood Siding Roof: Shingle Heat System: Baseboard Heat Fuel: Gas Natural Water Heater: Electric Cooling: None Floors: Vinyl Driveway: Gravel Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public
Listing Office: ERA Dawson-Bradford Co.
Last Updated: March - 19 - 2026
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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