




94 Lincoln Street, Millinocket, ME, 04462
About This Home
Discover the versatility and income potential of this unique two-unit property in the heart of Millinocket! The main residence features a spacious 3-bedroom layout, offering comfortable living space for a family or owner-occupant. Attached to the home is a well-appointed 1-bedroom apartment with a loft area that could easily serve as an additional sleeping space, home office, or potential second bedroom. Currently utilized by the local hospital to accommodate traveling nurses and healthcare professionals, the apartment provides an established income opportunity. It could also be easily transitioned into a short-term rental, Airbnb, long-term rental, or guest suite, making this property an excellent investment with multiple possibilities. Outside, you'll find a nice-sized backyard with plenty of room for entertaining, gardening, pets, or simply relaxing and enjoying the outdoors. Conveniently located just minutes from downtown Millinocket, you'll have easy access to shopping, restaurants, schools, and local amenities. Outdoor enthusiasts will appreciate the property's close proximity to the area's extensive snowmobile and ATV trail systems, as well as the many recreational opportunities the Katahdin region has to offer. Whether you're seeking a primary residence with rental income, a multi-generational living arrangement, or an investment property with flexible use options, this one-of-a-kind property is worth a closer look.
Getting Around
Schools
Construction
Condition
- Year built: 1945
Materials
- Roof: Shingle
- Construction materials: Wood Frame,Stone,Composition
Type & Style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Bulkhead,Interior Entry,Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Laminate,Vinyl,Wood
- Finished area below ground: 0
- Finished area above ground: 1,680
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Details
- Zoning: R1
Lot
- Lot size: 7,840 sqft
- Features: City Lot,Near Golf Course,Near Shopping,Open Lot,Sidewalks,Landscaped
Parking
- Parking features: Paved,1 - 4 Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Inland Flooding
- Lightning
- Cold Wave
- Hurricane
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $702 | $8,424 |
| Home Insurance | $56 | $672 |
| Property Taxes | $128 | $1,536 |
| Electricity | $244 | $2,930 |
| Total | $1,130 | $13,560 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-10 | Listed for sale | $139,000 |
| 2026-07-01 | Contingent | $139,000 |
| 2026-05-31 | Listed for sale | $139,000 |
| 2020-10-15 | Sold | $49,500 |
| 2020-07-16 | Listed for sale | $54,900 |
For Sale by Agent
