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.
Listed By
Agency Name: NextHome Experience
Agency Phone: 207-573-7400
Shown By
Agent Name: Dylan Armstrong
Agent Phone: (207) 441-6095
Agency Title: Sprague and Curtis Real Estate
Estimated Payment
$ 1,109.50 per month $732.21 Principal & Interest $281.33 Property Tax $95.96 Homeowner's Insurance
340 Main Road | MLS# 1639544
This multi-family property located at 340 Main Road, Passadumkeag, ME 04475 is currently listed for sale with an asking price of $329,000. Search Passadumkeag real estate on darmstrong.spragueandcurtis.com today.