$329,000

Est. Mortgage $0/mo *

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340 Main Road, Passadumkeag, ME, 04475

340 Main Road, Passadumkeag, ME, 04475
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2 Full baths

1984

Other

4,464 sqft

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.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer Hookup

Units:

2

Zoning:

Res/Commercial

Heating:

Other Heat System, Forced Air

Cooling:

None

Basement:

Not Applicable

Parking:

21+ Spaces, Gravel

Acreage:

1.99

Est. Taxes:

$3,376

Construction

Wood Siding, Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Open, Level, Intown, Rural

MLS #:

1639544

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of NextHome Experience