About This Home
This 0-bedroom, 2-bathroom residential multi family at 340 Main Road in Passadumkeag, ME is listed for $326,500 ($73 per sqft). Built in 1984, the home offers 4,464 sqft of living space on a 1.99 acres lot.
Key Features
- Built in 1984
- 1.99 acre lot
Property Details
Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99± acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion.
Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or investors looking for immediate cash flow. The lower level was previously used as a general store and lunch counter but is now a blank slate, ready to be reimagined.
With proper approvals, this space could be converted into additional rental units, a workshop, studio space, or a live/work setup, depending on your vision. Whether you're looking to expand your rental portfolio, start a small business, or create a custom living space, 340 Main Road offers flexibility and value in a rural setting.
Monthly Cost Estimate
$1,746/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
340 Main Road
Passadumkeag, ME 04475
Property Details
Flooring
Construction
Heating
Questions & Answers
This 0-bedroom, 2-bathroom residential multi family at 340 Main Road is listed at $326,500 ($73/sqft). The estimated monthly payment is $1,746 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1984, 1.99 acre lot.
This property is listed by Chelsea Ireland and can be reached at 2074638055.