143 Main Street, Orono, ME 04473
Local realty services provided by:CENTURY 21 North East
Office: maine discount realty
MLS#:1679538
Source:ME_MREIS
Price summary
- Price:$392,500
- Price per sq. ft.:$133.5
About this home
A rare opportunity to restore and reimagine a classic Main Street Colonial in the heart of Orono. Set on an unusually spacious ¾-acre in-town lot with approximately 150 feet of road frontage, this four-bedroom, 2.5-bath home offers ample off-street parking, hot-water baseboard heat, and a new roof installed in 2025. Currently leased through June 2027 and registered with the town, the property has an excellent rental history and offers immediate income with exciting possibilities for the future. Continue its use as an investment property or thoughtfully renew it as a distinctive owner-occupied home after the existing lease ends. The house needs TLC, but its traditional character, generous lot, and central location provide a wonderful foundation for preservation-minded buyers who appreciate the value of restoring an older home. Priced well below its tax-assessed value, this is an opportunity to bring new life to a Main Street property and help preserve the architectural character of downtown Orono. Property is currently leased through May 2027. Showings will be very limited, buyers must be pre-qualified, and seller's broker will be present....
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Home facts
- Year built:1830
- Listing ID #:1679538
- Updated:September 10, 2026 at 10:41 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:8
- Flooring:Carpet, Ceramic Tile, Hardwood, Linoleum, Vinyl
- Bathrooms Description:Bathtub, Shower
- Kitchen Description:Dishwasher, Electric Range, Refrigerator
- Bedroom Description:1st Floor Bedroom
- Basement Description:Bulkhead, Full, Interior Entry, Unfinished
- Living area:2,940 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas Natural, Heating, Radiator, Zoned
Structure and exterior
- Roof:Fiberglass, Shingle
- Year built:1830
- Building area:2,940 sq. ft.
- Lot area:0.76 Acres
- Lot Features:Intown, Landscaped, Level, Near Country Club, Near Golf Course, Near Public Beach, Near Public Transit, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood, Shopping Mall, Sidewalks, Wooded
- Architectural Style:Colonial, Farmhouse, New Englander
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Porch
- Foundation Description:Poured Concrete, Stone
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$392,500
- Price per sq. ft.:$133.5
- Tax amount:$8,591 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry features:Dryer, Main Level, Washer
Parking
- Parking description:5 - 10 Spaces, Attached Garage, Gravel, Off street, On Site, Paved, Storage
- Garage:Yes
- Garage spaces:2
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