3 Park Street, Orono, ME 04473
Penobscot County
Key Facts
Description
Located in the heart of downtown Orono, this spacious duplex presents an outstanding investment opportunity with strong rental history and consistent occupancy. The property features one 2-bedroom unit and one generously sized 3-bedroom unit. Ideally situated just minutes from University of Maine, the property offers convenient access to campus, local restaurants, shopping, and all downtown amenities. Additional highlights include ample off-street parking, basement laundry facilities, and a fully occupied status, making this a turnkey investment.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Structure Type
Duplex
Year Built
1920
Stories
2
Living Area
1,656 sq ft
Lot Size
0.19 acres
Zoning
MDR
MLS® Listing#
1662057
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$3,676
Tax year 2026
Affordability Calculator
$55,400
Estimated monthly payment
$1,474/mo
Principal $221,600 · Est. interest $309,152 over 30 yrs
Location
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Points of Interest in Orono, ME
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 270 Stillwater Avenue, Orono, ME | $199,000 | 1 | 1 | 400 |
| 94 Stillwater Avenue, Orono, ME | $242,000 | 2 | 1 | 1,164 |
| 7 Forest Avenue, Orono, ME | $249,900 | — | 4 | 4,104 |
| 7 Forest Avenue, Orono, ME | $249,900 | 6 | 4 | 4,104 |
| 153 Stillwater Avenue, Orono, ME | $279,000 | 2 | 1 | 616 |
| 36 Kelley Road, Orono, ME | $279,000 | 4 | 2 | 1,599 |
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