OLD TOWN: Exceptional opportunity for home seekers and/or investors! Reside in this wonderful turnkey Duplex home while generating income to help pay for your mortgage. W I N. This beautiful Ranch features a renovated 1BD / 1BA owners' unit with a tiled shower, laundry room, walk-in closet, office, and an open concept kitchen / living area. Boasting an expansive screened-in porch which leads to a gorgeous backyard complimented by a cozy fire pit. The second apartment home offers 2 bedrooms, 1 bathroom, a spacious kitchen, sunfilled living room with a sliding glass door to a private 23' x 8' deck, and an oversized sunporch/mudroom with laundry area. There is also an enormous 28' x 40' garage with ample space to hold at least 3 vehicles and a workbench. For even more storage, there is a shed. Sellers have installed a new 3-BR leach field as of June 5, 2024, with hydroseeding, and added fresh crusher dust on the driveway. This well cared for Duplex has seen numerous improvements since 2016 to include flooring, windows, doors, garage door, electrical, plumbing, kitchen and bathroom renovations. More recently, to include a new metal roof, well pump, new furnace in owners' unit, fresh paint, a heat pump, as well as a heat pump water heater and more! Conveniently located 1.1 miles to I-95, 5 minutes to downtown Old Town, within 10 minutes to UMaine Orono, and less than 20 minutes to Bangor International Airport. Schedule your showing today!
Closed
$306,000
368 Gilman Falls Avenue, Old Town, ME 04468
3beds
1,568sqft
Multi Family
Built in 1950
-- sqft lot
$318,900 Zestimate®
$195/sqft
$2,188 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 17, 2025 at 07:09pm
Listed by:
NextHome Experience
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1587873

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Laundry: Laundry - 1st Floor, Main Level
Features
- 1st Floor Bedroom, One-Floor Living, Shower, Walk-In Closet(s)
- Flooring: Vinyl, Carpet
- Basement: Bulkhead,Walk-Out Access,Partial,Exterior Entry,Exterior Only,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
- Finished area above ground: 1,568
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: 5 - 10 Spaces, Gravel, Detached, Off Street
- Garage spaces: 3
Features
- Stories: 1
- Patio & porch: Deck, Screened
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.78 Acres
- Features: Level, Open Lot, Rolling Slope, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
Details
- Additional structures: Shed(s)
- Parcel number: OLDNM006L008
- Zoning: Rural 3 Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Metal,Pitched
Condition
- Year built: 1950
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Existing on Site
- Water: Private
Community & neighborhood
Location
- Region: Old Town
Other
Other facts
- Road surface type: Paved
Services availability

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