Charming 3-unit, just a half mile from the University of Maine, with incredible views of the Penobscot River is becoming available after one owner for last thirty years. Built as the Webster School in 1900, clay marbles have been found many times in the garden. Two units are one bedroom and the owner's apartment is a two bedroom with a large deck overlooking the back yard.
Unit 3 has recently had many new updates, with a new gas stove, washer, refrigerator, new carpet, vinyl flooring and wood floor refurbished.
Unit 2 has built-in bookshelves, a faux fireplace/mantle, living room kitchen combination with wood floors, carpeted bedroom with lots of storage and full bathroom.
Unit 1 has large picture window that lets sun to pour through, large living room with wood floor, two large office/storage areas, new paint in full bathroom and bedroom, two large closets in master bedroom, sweet kitchen and carpeted bedrooms. Pull down stairs to an attic is an extra plus for storage or increased living space.
Forced hot air heating system with new blower has been serviced yearly, new oil tank, Rinnai hot water on demand, all new windows, storage shed, pallets for storage in basement, large work bench.
Close to recreational trails and all Orono amenities. A 3.37 % assumable mortgage for a portion of the sale price is available. Multi-units with such character rarely come on the market. Here is your chance!
Closed
$375,500
54 Penobscot Street, Orono, ME 04473
4beds
2,090sqft
Multi Family
Built in 1900
-- sqft lot
$417,800 Zestimate®
$180/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2025 at 07:04pm
Listed by:
Realty of Maine
Bought with:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1558940

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Laundry - 1st Floor, Upper Level, Main Level
Features
- Attic, Bathtub, One-Floor Living, Shower, Storage
- Flooring: Wood, Vinyl, Tile, Carpet
- Basement: Bulkhead,Dirt Floor,Full,Exterior Entry,Unfinished
Interior area
- Total structure area: 2,090
- Total interior livable area: 2,090 sqft
- Finished area above ground: 2,090
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Gravel, Off Street
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Fencing: Fenced
- Has view: Yes
- View description: Scenic
- Waterfront features: River Front
- Body of water: Penobscot River
Lot
- Size: 5,662 sqft
- Features: Open Lot, Landscaped, City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
Details
- Additional structures: Shed(s)
- Parcel number: ORONM020003L068
- Zoning: 11:11
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,New Englander,Victorian
- Property subtype: Multi Family
Materials
- Clapboard, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Orono
Other
Other facts
- Road surface type: Paved
Services availability

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