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$499,999

For Sale

4 days ago

290 Penney Rd, New Gloucester, ME

House

MLS® 1678845

0 Bed

3 Bath

2176 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2176 sqft
Garage Yes
Taxes $3,532
Days Active 5
Lot Size 1.09 Acres
Approx. Age 1982
Avg. Price Per Sqft $229
MLS® Number 1678845

Property Address: 290 Penney Rd, New Gloucester, ME, 04260-4708

Average square foot calculated using Size range provided by listing agent.

Description

Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment. A detached 2-car garage provides ample parking and storage, while each unit has its own separate utilities, simplifying management and billing. The property has been very well cared for and is in excellent condition, reflecting pride of ownership. Currently generating over $5, 000 per month, it offers strong income potential and cash flow. Additionally, the property has been pre-inspected for general building and septic systems, ensuring peace of mind with no surprises. Whether you're an owner-occupant looking for a live-in space with rental income or an investor seeking a turnkey asset with commercial flexibility, this property presents an outstanding opportunity to own a well-priced, income-producing asset with excellent future potential.
MLS® Number1678845
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1982
BasementDoghouse, Finished, Full, Partial
Driveway
Garage Spaces
HeatPropane, Forced Air, Heat Pump
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 2, 2026List Date
$499,999List Price
  • Commute

Commute

Starting Address
Destination Address
290 Penney Rd, New Gloucester, ME

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