543 Main Street, Old Town, ME 04468

$395,000
Property Type: Multi-Family Baths: 3 Square Footage: 3,405 Lot Size (sq. ft.): 13,504 Status: Active Under Contract
Current Price: $395,000 List Date: 7/29/2026 Last Modified: 8/13/2026

Description

543 Main Street presents an outstanding investment opportunity in the heart of Old Town. This well-maintained three-unit property features a spacious 4-bedroom, 1-bath unit, a 3-bedroom, 1-bath unit, and a 2-bedroom, 1-bath unit. With proven rental history and all three units currently vacant, the possibilities are endless. The property is in move-in-ready condition, allowing its next owner to immediately occupy or lease the units. A detached garage provides valuable additional storage, while the durable metal roof offers long-term peace of mind. Whether you're looking to maximize rental income by selecting your own tenants, owner-occupy one unit while renting the others, or add a turnkey multi-family property to your portfolio, this property offers exceptional flexibility. Conveniently located just minutes from the University of Maine, shopping, restaurants, and local amenities, this is an excellent opportunity for both seasoned and first-time investors.

Supplements: ********

More Information MLS# 1673985

Location Information

Street #: 543 Street Name: Main Street Type: Street County: Penobscot Town: Old Town State/Province: ME Zip Code: 04468 Zip +4: 1853 Leased Land: No Book: 15000 Page: 72&73 Map: 27 Lot: 59 Zoning: res Zoning Overlay: Unknown Association: No Full Tax Amount $: 2136 Tax Year: 2024 Tree Growth Y/N: No Geo Lat: 44.92603 Geo Lon: -68.64409

Contract Information

Status: Active Under Contract Original List Price: 395000 List Price: $395,000 Current Price: $395,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 3 Total Baths: 3 Total Full Baths: 3 Color: white Year Built: 1900 SqFt Finished Above Grade: 3405 SqFt Finished Total: 3405 SqFt Source: Other Other Source of Square Footage: Cuba Casa Furniture: Unfurnished Garage: Yes Garage Spaces: 2 Lot Size Acres +/-: 0.31 Source of Acreage: Public Records Road Frontage: No

Water Info

Water Frontage: No Water View: No

Units

# of 2 BD Units: 1 # of 3 BD Units: 1 # of 4+ BD Units: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 1325 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: First Security Deposit: No Monthly Rent: 1450 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: No

Property Features

Site: Corner Lot; Open; Sidewalks Location: Intown; Neighborhood Roads: Paved; Public Style: Colonial Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Carpet; Vinyl; Wood Driveway: Gravel Parking: 5 - 10 Spaces Vehicle Storage: 2 Car; Detached Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: NextHome Experience
Last Updated: August - 13 - 2026
543 Main Street, Old Town, ME 04468- MLS# 1673985
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