Bought with Joshua Cousineau Real Broker
$550,000
$575,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Baths
4,340 SqFt
SOLD DATE : 05/21/2025
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,340 sqft
Price per Sqft $126
MLS Listing ID 1612072
Sold Date 05/21/25
Style Post & Beam
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1905
Tax Year 2023
Lot Size 7.900 Acres
Acres 7.9
Source Maine Listings
Land Area 4340
Property Description
Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.
Location
State ME
County Kennebec
Zoning RES
Body of Water Cochnewagon
Rooms
Other Rooms Outbuilding, Shed(s), Barn(s)
Basement Interior, Full, Unfinished
Interior
Interior Features Walk-in Closets, In-Law Apartment, Attic, Bathtub, Shower, Storage, Primary Bedroom w/Bath
Heating Zoned, Hot Water, Heat Pump, Forced Air, Baseboard
Cooling None
Flooring Wood, Vinyl, Tile, Carpet
Equipment Internet Access Available, Cable
Laundry Laundry - 1st Floor, Main Level
Exterior
Parking Features 11 - 20 Spaces, Paved, On Site, Inside Entrance, Off Street
Garage Spaces 4.0
Utilities Available Utilities On
Roof Type Metal,Shingle
Porch Deck, Porch
Garage Yes
Building
Lot Description Pasture/Field, Level, Rural
Foundation Granite, Concrete Perimeter, Brick/Mortar
Water Public
Architectural Style Farmhouse
Others
Tax ID MONM-000016-000000-000028
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