About This Home

This 3-bedroom, 1-bathroom single family at 12 Grays Lane in Old Town, ME is listed for $210,000 ($150 per sqft). Built in 1942, the home offers 1,404 sqft of living space on a N/A lot.

Key Features

  • Built in 1942

Property Details

1 full
1942
Listing Description

Looking for an affordable investment opportunity just minutes from the University of Maine? This updated 3-bedroom, 1-bath home is perfectly positioned for student housing, rental income, or owner-occupancy. Each of the three bedrooms features it's own lock and key, offering privacy and flexibility for tenants.

Recent improvements include fresh paint and new flooring throughout the entire home, and brand-new front and rear decks, creating inviting outdoor spaces for relaxing or entertaining. Conveniently located near the university, shopping, dining, and local amenities, this move-in-ready property offers excellent potential for investors and homeowners alike.

Call today for a showing!*The property may also be purchased with a separate vacant lot located directly across the road - an ideal location for a future garage, workshop, or additional storage (subject to local approvals). Contact the listing broker for details.

Monthly Cost Estimate

$1,123/mo

20% down · 6.5% · 30 years

Principal$152
Interest$910
Insurance$61

Estimates only. Actual payments may vary.

Location

12 Grays Lane

Old Town, ME 04468

Questions & Answers

This 3-bedroom, 1-bathroom single family at 12 Grays Lane is listed at $210,000 ($150/sqft). The estimated monthly payment is $1,123 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942.

This property is listed by Kelly McKenney and can be reached at 2076677423.

KM

Kelly McKenney

Agent at Better Homes and Gardens Real Estate The Masiello Group

(207) 667-7423

Listed by Better Homes and Gardens Real Estate The Masiello Group · Broker phone: (800) 741-1540

MLS# 1668572· Source: Better Homes and Gardens-The Masiello Group· 28 days on PropertySimple

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12 Grays Lane, Old Town, ME 04468

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