Very nice 3-4 unit apartment house with one commercial space located in the prime area of Millinocket and the Katahdin region. There are currently three units, but the one four-bedroom unit has two separate kitchens and separate bathrooms but only one means of egress for the top unit. This unit would just need another separate entrance to make four separate apartments. This property is right in the heart of Millinocket, on the main road to Baxter State Park and the North Maine Woods. The commercial space would make a nice retail or office area as the property is zoned downtown commercial. The versatility, location and size of this property gives you multiple options for income. If you are an investor or someone looking to live at a property that pays your bills don't miss this opportunity!
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The average household income in
Millinocket, ME
grew
from
$31,250
to
$32,333
in the past year. This data is an estimate based upon
2,040
households in
Millinocket, ME. The chart below presents how household income is distributed in
Millinocket, ME
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $1,500-$2k
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Millinocket, ME
compared to median property taxes around the country. The prevalent amount of property taxes in
Millinocket, ME
equals
$1,500-$2k
, which is
less
than the national average.