398 Brunswick Street, Old Town, ME 04468
Penobscot County
Key Facts
Description
Investment & Housing Potential: Located at 398 Brunswick St, this well-maintained 1,687-square-foot New Englander features 4 bedrooms and THREE bathrooms. The 4-bedroom layout allows you to live comfortably with the possibility to rent out the remaining rooms to offset living expenses. Until recently, it was tenant occupied by students and generating 2800 USD per month (was discounted for a family tenant). It offers immediate, turnkey income-generation in a high-demand college rental market. Operating expenses last year were 12,635, with an NOI of ~21,000 USD! Built in 1940 and situated on a 0.16-acre lot, this turnkey, well-maintained property offers incredible versatility for homebuyers, real estate investors, and those seeking off-campus housing for the University of Maine. It is move-in ready and the layout offers distinct living spaces set in a residential neighborhood with sidewalk access to surroundings. Location, Commute, and Sidewalk Access: This home offers exceptional proximity to both campus and local amenities. Residents can comfortably navigate the neighborhood by sidewalk. It is an easy .6 mile trip to the Old Town Public Library. Everyday essentials at Walgreens, and popular downtown dining options are similarly nearby as well. UMaine Commute: Located just 3.4 miles (a 5-to-10-minute drive) from the University of Maine at Orono, avoiding heavy highway traffic. Highway Access: Immediate access to I-95 (Exits 191 & 193) provides a direct 15-20-minute commute to major employers and shopping in Bangor. Parking : Features a paved driveway providing ample off-street parking with additional parking along the street permitted. Current tenants have had up to 6 vehicles in the driveway at a time.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
New Englander
Year Built
1940
Living Area
1,687 sq ft
Lot Size
0.16 acres
Zoning
R-2
MLS® Listing#
1660248
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Community
Utilities
Sewer
Water Source
Rooms
- Bedroom 1First
- Bedroom 2Second
- Bedroom 3Second
- Bedroom 4Second
- Dining RoomFirst
- KitchenFirst
- Living RoomFirst
Financial Details
HOA
None
Annual Taxes
$3,758
Tax year 2025
Affordability Calculator
$61,800
Estimated monthly payment
$1,645/mo
Principal $247,200 · Est. interest $344,866 over 30 yrs
Location
Getting Around
Points of Interest in Old Town, ME
Showing the Old Town area map.
Nearby Schools
Rsu
School · 0.5 mi away
Leonard Middle School
Secondary · 0.5 mi away
Little Angels Daycare & Preschool
School · 0.5 mi away
Old Town High School
Secondary · 0.8 mi away
Old Town Elementary School
Elementary · 1.0 mi away
Dr Lewis S Libby School
Elementary · 1.1 mi away
Indian Island School
Elementary · 1.6 mi away
Stillwater Montessori School
Elementary · 2.1 mi away
Asa C Adams Elementary School
Elementary · 3.4 mi away
Orono Middle School
Secondary · 3.4 mi away
Orono High School
Secondary · 3.5 mi away
United Technologies Center (Utc)
School · 8.7 mi away
Alton Elementary School
Elementary · 9.3 mi away
Bangor High School
Secondary · 9.4 mi away
Bangor Christian School
School · 9.5 mi away
Fruit Street School
School · 9.6 mi away
William S. Cohen School
Secondary · 9.6 mi away
Bangor Montessori School
Elementary · 9.8 mi away
Mary Snow School
Elementary · 9.8 mi away
Champions at Glenburn Elementary
Elementary · 9.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 124 Jefferson Street, Old Town, ME | $220,000 | 3 | 1 | 933 |
| 12 Grays Lane, Old Town, ME | $229,900 | 3 | 1 | 1,404 |
| 156 Stillwater Avenue, Old Town, ME | $259,999 | 4 | 3 | 2,110 |
| 24 Grays Lane, Old Town, ME | $260,000 | 5 | 2 | 3,088 |
| 24 Grays Lane, Old Town, ME | $260,000 | 5 | 2 | 3,088 |
| 302 Stillwater Avenue, Old Town, ME | $289,000 | 4 | 2 | 2,816 |
Moving Cost Estimate
EXIT Agents in Old Town
