290 Penney Road, New Gloucester, ME 04260
Local realty services provided by:CENTURY 21 First Choice Realty
290 Penney Road,New Gloucester, ME 04260
$449,999
- 4 Beds
- 3 Baths
- 2,752 sq. ft.
- Single family
- Active Under Contract
Office: maine values real estate
MLS#:1679624
Source:ME_MREIS
Price summary
- Price:$449,999
- Price per sq. ft.:$163.52
About this home
Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment. A detached 2-car garage provides ample parking and storage, while each unit has its own separate utilities, simplifying management and billing. The property has been very well cared for and is in excellent condition, reflecting pride of ownership. Currently generating over 5,000 per month, it offers strong income potential and cash flow. Additionally, the property has been pre-inspected for general building and septic systems, ensuring peace of mind with no surprises. Whether you're an owner-occupant looking for a live-in space with rental income or an investor seeking a turnkey asset with commercial flexibility, this property presents an outstanding opportunity to own a well-priced, income-producing asset with excellent future potential....
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Home facts
- Year built:1982
- Listing ID #:1679624
- Updated:October 22, 2026 at 08:32 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:13
- Flooring:Carpet, Laminate, Vinyl
- Kitchen Description:Cooktop, Dishwasher, Gas Range, Microwave, Refrigerator
- Basement Description:Doghouse, Finished, Full, Partial
- Living area:2,752 sq. ft.
Heating and cooling
- Heating:Forced Air, Heat Pump, Heating, Propane
Structure and exterior
- Roof:Shingle
- Year built:1982
- Building area:2,752 sq. ft.
- Lot area:1.09 Acres
- Lot Features:Level, Rural
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Deck
- Foundation Description:Poured Concrete, Slab
- Levels:Multi Level
Utilities
- Water:Private
- Sewer:Private Sewer
Finances and disclosures
- Price:$449,999
- Price per sq. ft.:$163.52
- Tax amount:$3,532 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:11 - 20 Spaces, Detached, Gravel
- Garage:Yes
- Garage spaces:2
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