About This Home

This 0-bedroom, 2-bathroom residential multi family at 28 Bodwell Street in Old Town, ME is listed for $250,000 ($161 per sqft). Built in 1890, the home offers 1,552 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1890
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
2 full
1890
Listing Description

Opportunity knocks in the heart of Old Town! This well-maintained two-unit property offers flexibility for investors and owner-occupants alike. The first-floor unit features 2-3 bedrooms, 1.5 bathrooms, and is currently owner-occupied, providing spacious living with strong rental potential estimated at approximately $1,600-$1,800 per month.

The second-floor unit offers 1-2 bedrooms and 1 full bathroom and is currently rented below market value, creating an opportunity for future income growth. Each unit enjoys its own private entrance, dedicated parking area, and separate electrical meter.

Tenants benefit from included heat, hot water, and public sewer, while a shared front porch, small backyard, and storage shed add to the property's appeal. Conveniently located just minutes from the University of Maine, downtown Old Town, shopping, restaurants, and local employers, this property is well-positioned to attract both students and long-term tenants.

Whether you're looking to live in one unit while offsetting your mortgage with rental income or expand your investment portfolio with a turnkey multifamily property, 28 Bodwell Street offers versatility, income potential, and financing options that should qualify for VA, FHA, USDA, and conventional loan programs.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

28 Bodwell Street

Old Town, ME 04468

Features & Amenities

Interior Features

1st Floor Primary Bedroom w/BathOne-Floor LivingShowerStoragePrimary Bedroom w/Bath

Property Details

Flooring

TileWoodLaminate

Construction

Wood Frame Vinyl Siding

Pool Features

DeckPorch

Parking

Assigned

Heating

OilHot Water(Heating)Baseboard

Questions & Answers

This 0-bedroom, 2-bathroom residential multi family at 28 Bodwell Street is listed at $250,000 ($161/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.08 acre lot, 2 stories. Interior Features: 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower.

This property is listed by Jason Edwards and can be reached at 2073568206.

JE

Jason Edwards

Agent at EXP Realty

(207) 356-8206

Listed by EXP Realty · View on Broker Site

MLS# 1672598· Source: listhub· Listed today

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28 Bodwell Street, Old Town, ME 04468

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