Monmouth, ME 04259,549 Main ST
Monmouth, ME 04259,549 Main ST
Monmouth, ME 04259,549 Main ST
Monmouth, ME 04259,549 Main ST
Monmouth, ME 04259,549 Main ST
Monmouth, ME 04259,549 Main ST
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Listed by Summit Real Estate
Bought with Real Broker

$550,000

$575,000

4.3%
Est.Price: ?

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5 Baths

4,340 SqFt


SOLD DATE : 05/21/2025

Key Details

Sold Price $550,000

Property Type Multi-Family

Listing Status Sold

Square Footage 4,340 sqft

MLS Listing ID 1612072

Sold Date 05/21/25

Style Farmhouse

Full Baths 4

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 4,340

Year Built 1905

Annual Tax Amount $4,587

Tax Year 2023

Lot Size 7.900 Acres

Acres 7.9

Source Maine Listings

Property Description

Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.

Location

State ME

County Kennebec

Zoning RES

Body of Water Cochnewagon

Rooms

Basement Interior, Full, Unfinished

Interior

Interior Features Walk-in Closets, In-Law Apartment, Attic, Bathtub, Shower, Storage, Primary Bedroom w/Bath

Heating Zoned, Hot Water, Heat Pump, Forced Air, Baseboard

Cooling None

Flooring Wood, Vinyl, Tile, Carpet

Equipment Internet Access Available, Cable

Laundry Laundry - 1st Floor, Main Level

Exterior

Parking Features 11 - 20 Spaces, Paved, On Site, Inside Entrance, Off Street

Garage Spaces 4.0

Utilities Available 1

View Y/N No

Roof Type Metal,Shingle

Street Surface Paved

Porch Deck, Porch

Garage Yes

Building

Lot Description Pasture/Field, Level, Rural

Foundation Granite, Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Farmhouse

Structure Type Shingle Siding,Clapboard,Aluminum Siding,Other,Wood Frame

Others

Restrictions Unknown

Energy Description Oil, Electric

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Maine MLS (MREIS) IDX

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