About This Home

This 0-bedroom, 3-bathroom residential multi family at 235 Bates Street in Millinocket, ME is listed for $199,000 ($57 per sqft). Built in 1970, the home offers 3,485 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1970
  • 0.30 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
3 full
1970

Amenities

Waterfront
Listing Description

Located at 235 Bates Street in Millinocket, Maine, this versatile multi-unit property presents an excellent opportunity for investors or owner-occupants looking to be part of one of Maine's premier four-season recreational destinations. Featuring three turnkey residential units, the property offers flexibility, convenience, and future potential.

The upstairs unit includes three bedrooms, one full bath, a kitchen, living room, dining room, and private entrance. The first floor features a two-bedroom unit with a full kitchen and bath, plus a separate one-bedroom unit with a kitchen, living room, and full bath.

Numerous updates have been completed over the years. An added bonus is a potential fourth unit currently used for storage, featuring a half bath and possibilities for future residential conversion or other uses, subject to applicable approvals. Situated on approximately one-third of an acre, the property boasts 130 feet of frontage on Smith Brook, a pleasant meandering brook running through town.

Stores and everyday amenities are within walking distance. Millinocket is known as the gateway to Mount Katahdin and Baxter State Park, offering spectacular mountain scenery, hiking, and outdoor adventure. Nearby Katahdin Woods and Waters National Monument and the Katahdin Woods & Waters National Scenic Byway showcase the region's forests, wildlife, and natural beauty.

The area also features the Pemadumcook Chain of Lakes, including South Twin, North Twin, Ambajejus, Elbow, and Pemadumcook Lakes, along with the Penobscot River and its renowned whitewater adventures. Enjoy boating, fishing, kayaking, canoeing, camping, hiking, cycling, ATV riding, and snowmobiling throughout the region. With three ready-to-go living units, additional potential, an in-town location, and year-round recreation nearby, 235 Bates Street is a property worth exploring.

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

235 Bates Street

Millinocket, ME 04462

Features & Amenities

Interior Features

BathtubShower

Property Details

Flooring

VinylCarpetLaminate

Construction

Masonry Wood Frame Composition Vinyl Siding

Heating

OilElectric (Heating)Natural GasBaseboard

Questions & Answers

This 0-bedroom, 3-bathroom residential multi family at 235 Bates Street is listed at $199,000 ($57/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.30 acre lot, 2 stories, Waterfront. Interior Features: Bathtub, Shower.

This property is listed by Alan Staples.

AS

Alan Staples

Agent at Burnell & Bragdon Real Estate Team

Listed by Burnell & Bragdon Real Estate Team · Broker phone: (207) 794-2700 · View on Broker Site · Broker website

MLS# 1684552· Source: Maine Listings· Added to PropertySimple today

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235 Bates Street, Millinocket, ME 04462

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