Waterfront
Address
Not Disclosed, Mapleton, ME
Price
$ 299,000
Property Attributes
- MLS#1678795
- TypeMulti-Family
- Listing Status Active
- CountyAroostook
- CityMapleton
- Zip04757
- StyleNew Englander
- Year Built9999
- Taxes$ 1790
- Price$ 299,000
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2840
- Lot Size0.96 Acres
Data Source:
Maine Listings (MREIS)
Property Description
Exceptional investment opportunity with multiple income streams! This 4-unit apartment building is situated on just under an acre of land and includes a 1-car garage. Also offering an outdoor recreation area with a fire pit and picnic area as well as access to the North branch of the Presque Isle stream that borders the property. With direct access to the ATV/Snowmobile trail, plenty of parking and a gas station/convenience store across the street yet only 10 minutes from Presque Isle. The property offers a desirable mix of short-term rental and traditional market rental opportunities, along with the flexibility for an owner-occupant to live in one unit while generating income from the others. The first floor features two recently renovated and fully furnished units currently operating as Airbnb/short-term rentals. The larger unit offers 3 bedrooms and 1.5 baths, a spacious living room, washer and dryer, dishwasher, and a back deck for added outdoor living space. The second first-floor unit features 2 bedrooms and 1 bath and has also been recently renovated and comes fully furnished with its own washer and dryer. The second floor consists of two 1-bedroom apartments currently utilized as market rentals. One unit has been renovated, while the other provides an opportunity for future improvements and added value. The 3-bedroom unit is heated with a forced hot air furnace, while the remaining units are heated with electric heat. Whether you're an investor looking to diversify your portfolio or a buyer seeking a unique homeownership opportunity, this property offers plenty of flexibility. Live in one of the units and rent the remaining apartments to help offset the expenses of homeownership while building equity. Continue the successful short-term rental setup, maintain the long-term rentals, or explore a combination that works best for your goals. A versatile property with income potential and plenty of opportunity!
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | Residential |
| Electric | Circuit Breakers,Fuses |
| Tax Year | 2024 |
| County | Aroostook |
| Property Type | Multi-Family |
| HOA | false |
| Status | Active |
| City | Mapleton |
| Lot Size Units | Acres |
| Lot Size Square Feet | 41817.6 |
| Tax Annual Amount | 1790 |
| Standard Status | Active |
| Tax Lot | 006 |
| Body of Water | Presque Isle Stream |
| Heating | Electric,Oil,Baseboard,Forced Air |
| Cooling | Window Unit(s) |
| Garage Y/N | true |
| Land Lease Y/N | false |
| Roof | Shingle |
| Garage Spaces | 1 |
| Architectural Style | New Englander |
| Construction Materials | Wood Frame,Composition,Vinyl Siding |
| Year Built | 9999 |
| Attached Garage | false |
| Full Baths | 4 |
| Patio/Porch Features | Deck |
| Gross Income | 60000 |
| Operating Expense | 1500 |
| Number Of Units Total | 4 |
Interior Features
| Total Baths | 5 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Basement | Bulkhead,Interior Entry,Unfinished |
| Flooring | Vinyl |
| Above Grade Finished Area | 2840 |
| Furnished Y/N | Partially |
| Laundry Features | Main Level |
Exterior Features
| Parking Features | Reclaimed,11 - 20 Spaces,On Site,Garage Door Opener,Detached |
|---|---|
| Lot Features | Intown,Near Shopping,Near Town,Level,Open Lot,Sidewalks |
| Water Source | Private,Well |
| Lot Size Area | 0.96 |
| Lot Size Acres | 0.96 |
| Road Surface Type | Paved |
| Lot Size Source | Public Records |
| Waterfront Y/N | true |
| Building Area Total | 2840 |
| Other Equipment | Internet Access Available |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 04757
Statistics provided by Inside Real Estate
Price
Taxes
Year Built
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.
