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$274,900   Price Analysis
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12 First St
Milo, ME 04463
Unknown bed 3 bath 2,616 SqFt ($105/SqFt)
0.33 acre lot. Built 1905
Listed 2023-07-17
USDA Eligible
near Milo, ME
 Restrictions may apply
due to home size

Welcome to our charming Victorian 3-unit apartment

* Has Contingent Offer *

A hidden gem nestled in a tranquil neighborhood. This exceptional property has been thoughtfully designed to cater to both short-term Airbnb stays and longer rentals, offering a versatile investment opportunity. Step inside nd be transported to a bygone era as you are greeted by the original details that grace many of the rooms. From ornate crown moldings to exquisite woodwork, this Victorian beauty exudes timeless elegance and a sense of history. One of the standout features of this property is the stunning wrap-around porch, perfect for enjoying lazy afternoons or hosting gatherings with friends and family. Imagine sipping your morning coffee or relaxing with a book while taking in the picturesque views of the neighborhood. Parking is a breeze with ample space available for residents and guests alike.

No need to worry about searching for a spot - there's plenty of room to accommodate multiple vehicles comfortably. For added convenience, a coin-operated laundry facility is available on-site, en suring that tenants and Airbnb guests have easy access to laundry services. Whether it's a short-term stay or a long-term rental, this feature is sure to be appreciated by all. The property has undergone recent upgrades, including replacement windows and professional insulation, providing enhanced energy efficiency and comfort. These modern improvements seamlessly blend with the original charm, offering the best of both worlds - the character of a Victorian home with the convenience of modern amenities. Whether you're an investor seeking a lucrative income stream through Airbnb rentals or a discerning homeowner looking for a multi-unit property with potential rental income, this Victorian 3-unit apartment is an exceptional opportunity. Don't miss the chance to own a piece of history while enjoying the benefits of a well-maintained, versatile property.


Presented by Dorothea Perkins at
Realty of Maine - Dover Foxcroft.
Listing Agent Photo

Property MLS #1565606 from MaineListings

Total Bathrooms: 3
Full Bathrooms: 3

1st Floor Bedroom
Bathtub
In-Law Floorplan
One-Floor Living
Flooring: Wood, Vinyl

Basement Features: Full, Interior Entry, Unfinished

Cooling Features: Heat Pump, A/C Units
Heating Features: Radiant, Heat Pump, Forced Air
Heating: Yes

Patio And Porch Features: Porch

Lot Description: Corner Lot, Open Lot, Intown, Subdivided
Lot Size Acres: 0.33
Lot Size Square Feet: 14375

Parking Features: 5 - 10 Spaces, Gravel, Common

View: Scenic

Gross Income: 50000

Number of Units: 3

Calculated Total Monthly Association Fees: 0
Pets Allowed: Other Restrictions

Annual Tax Amount: 1948.849999999
Source Listing Status: Active Under Contract
County: Piscataquis
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 12FirstStreetMilo04463
Zoning: Residential
Source System Name: C2C

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Operating Expense: 30000

Year Built: 1905
Above Grade Finished Area: 2616
Building Area Total: 2616
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Property Age: 119
Roof: Slate
Architectural Style: Farmhouse, Other Style, Victorian

Sewer: Public Sewer
Utilities On
Water Source: Public

Milo Elementary School is a public elementary school located approximately 1.2 miles away.
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Penquis Valley High School is a public elementary, middle and high school located approximately 1.8 miles away.
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Arrows in the Making is a private elementary, middle and high school located approximately 1.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.