INCOME PROPERTY FOR SALE IN MILFORD MAINE

74 Davenport Street, Milford, Maine, 04461

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* FOR SALE

$230,000

MLS: 18015-09627

0.3 Acres

2,356 SqFt

6 beds

2.0 baths

What You Should Know

  • 2-Unit Propery

  • 3-Bedroom Rentals

  • Near UMaine

  • Duplex

Why You'll Love It

Milford Maine Duplex for sale. Each unit has 3 bedrooms (one tandem bedroom which would make a great office/den area or nursery) a full bath, kitchen, living room and dining room as well as private off street parking an and private side entrances. The main entrance is through a covered porch and features secure keyless entry and delivery area. The interior has been well maintained with wood and laminate flooring as well as private laundry in each unit. Rent currently includes heat, water, and sewer. Tenants pay their own electricity.

Milford is a small town in central Penobscot County, located across the Penobscot River from the city of Old Town. Milford’s population was 3,070 according to the 2010 census. The town's slogan "Best little town by a dam site” refers to the Milford Dam abutting Milford on the Penobscot River, south of the Penobscot Indian Island Reservation. Originally known as Sunkhaze Plantation before its incorporation in 1833, Milford was the site of a major 19th-century water powered sawmill on the Penobscot River with the bulk of its lumber coming from nearby Bangor. The large Bodwell Water Power Co. sawmills burned in 1891, almost taking the village with it. The present Bodwell Water Power Co. plant was built in 1906 and is listed on the National Register of Historic Places.

Do you have someone in your life heading to college - this is perfect! Tired of city living but don’t want to be “way out in the country?” This duplex, situated near the Penobscot River and close to UMO and Bangor, could be just what you are looking for. The proximity to the University of Maine makes this a prime spot for undergrad and grad school student rentals. The 5 miles is easily navigated by car or bike! Invest in your future with an income-producing rental property! Why not live in half and rent out the other half to cover your mortgage, taxes and insurance or rent out both apartments and upgrade your current home using the profits!

Where You'll Find It

  • Street Address: 74 Davenport Street
  • City: Milford
  • State: Maine
  • County: Penobscot

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Carmen McPhail

Associate Broker
See Website

Phil McPhail

Broker / Owner - ALC