Bought with Keller Williams Realty
$88,500
$89,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,230 SqFt
SOLD DATE : 03/28/2025
Key Details
Sold Price $88,500
Property Type Residential
Sub Type Single Family Residence
Listing Status Sold
Square Footage 1,230 sqft
MLS Listing ID 1614211
Sold Date 03/28/25
Style Ranch
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,230
Originating Board Maine Listings
Year Built 1962
Annual Tax Amount $990
Tax Year 2024
Lot Size 11.000 Acres
Acres 11.0
Property Sub-Type Single Family Residence
Property Description
Investor or DIY enthusiast? This partially renovated ranch-style home in Mattawamkeag sits on 11 peaceful acres, offering endless potential. Featuring a durable metal roof with an ice and water shield, the structure is built on a solid slab foundation and presents an excellent opportunity for a fix-and-flip or rental income.
The home is already well on its way to completion, with a nearly finished 950 sq. ft. two bedroom apartment. This spacious unit boasts brand-new flooring throughout (except for the bathroom, which is ready for your finishing touch), a brand-new electric range, refrigerator, washer, updated ceiling fans, and modern lighting. The bathroom is the last remaining project to bring this unit to full completion.
Beyond the primary living space, an additional 360 sq. ft. area with a half bath provides flexibility—convert it into a cozy efficiency apartment, a guest suite, a home office, or a workshop. The potential for a second income-producing unit makes this property a unique investment.
A dug well and septic system serve the home, with significant updates already made, including a new pump, pressure tank, and foot valve. However, the well will require further work to become fully operational. Additionally, the home needs a new central heating system, allowing the new owner to choose the most efficient option.
Located in the quiet town of Mattawamkeag, this property is close to the Penobscot River and Mattaseunk Lake, providing access to outdoor recreation, fishing, and kayaking. Whether you're looking for a home with rental income potential, a flip opportunity, or a rural retreat with acreage, this property offers a great foundation to build upon.
Seize the opportunity to bring this home to its full potential and create value in a beautiful Maine setting!
Location
State ME
County Penobscot
Zoning residential
Body of Water unnamed brook
Rooms
Basement Not Applicable
Primary Bedroom Level First
Bedroom 2 First 11.3X9.0
Living Room First 15.1X15.3
Kitchen First 15.1X15.3 Eat-in Kitchen
Extra Room 1 7.2X3.5
Interior
Interior Features Furniture Included, 1st Floor Bedroom, Shower
Heating No Heat System
Cooling None
Flooring Wood, Vinyl, Concrete, Carpet
Equipment Satellite Dish, Other Equipment, Internet Access Available
Fireplace No
Appliance Washer, Refrigerator, Microwave, Electric Range
Laundry Laundry - 1st Floor, Main Level
Exterior
Parking Features 21+ Spaces, Paved, On Site
Utilities Available 1
Waterfront Description Brook
View Y/N Yes
View Trees/Woods
Roof Type Metal,Pitched
Street Surface Paved
Accessibility Level Entry
Garage No
Building
Lot Description Level, Open Lot, Rolling Slope, Wooded, Rural
Foundation Slab
Sewer Private Sewer, Septic Existing on Site
Water Private, Well
Architectural Style Ranch
Structure Type Vinyl Siding,Wood Frame
Schools
School District Rsu 67
Others
Restrictions Unknown
Security Features Security System
Energy Description K-1Kerosene, No Heat Fuel
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