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Pending
  • Price cut: $20K (2/13)
    $575,000

    549 Main Street, Monmouth, ME 04259

    6beds
    4,340sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $541,000 Zestimate®
    $132/sqft
    $-- HOA

    What's special

    Serene surroundingsPrivate entrySprawling yardPrivate in-law suiteModern amenitiesScenic landCozy living spaces
    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.
    109 days
    on Zillow
    |
    552
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    33
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    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 05:39am

    Listed by:

    Summit Real Estate

    Source: Maine Listings,MLS#: 1612072MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Hot Water, Heat Pump, Forced Air, Baseboard
    Cooling
    • None
    Appliances
    • Laundry: Laundry - 1st Floor, Main Level
    Features
    • Walk-In Closet(s), Attic, Bathtub, Shower, Storage, Primary Bedroom w/Bath
    • Flooring: Wood, Vinyl, Tile, Carpet
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 4,340
    • Total interior livable area: 4,340 sqft
    • Finished area above ground: 4,340
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: 11 - 20 Spaces, Paved, On Site, Inside Entrance, Off Street
    • Attached garage spaces: 4
    Features
    • Patio & porch: Deck, Porch
    • Waterfront features: Lake
    • Body of water: Cochnewagon
    Lot
    • Size: 7.9 Acres
    • Features: Level, Rural
    Details
    • Additional structures: Shed(s), Outbuilding
    • Parcel number: MONMM16L28
    • Zoning: RES
    • Other equipment: Internet Access Available, Cable

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Farmhouse
    • Property subtype: Multi Family
    Materials
    • Shingle Siding, Clapboard, Aluminum Siding, Other, Wood Frame
    • Foundation: Granite, Concrete Perimeter, Brick/Mortar
    • Roof: Metal,Shingle
    Condition
    • Year built: 1905

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Monmouth

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $253,400
    • Annual tax amount: $4,587
    • Date on market: 1/6/2025
    • Road surface type: Paved
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