See other homes in:

About This Home

Amazing Investment Opportunity! This beautifully maintained and charming 2-unit property in the heart of Milbridge offers established tenants and a strong rental history, both short-term and long-term. This turn-of-the century property still has the original cranberry glass in some of the windows. Numerous updates make this an outstanding opportunity—ideal for investment or owner-occupied living. Both units are mostly furnished, with a detailed list of included items available. Milbridge is a vibrant coastal community featuring a theater, library, medical center, restaurants, grocery store, community garden, and public boat launch—ensuring there's always something to enjoy close to home. Conveniently situated between Ellsworth, Machias, and Winter Harbor, this property is just an hour from Acadia National Park and 1.5 hours from Bangor International Airport. Income and expense information provided to qualified buyers.

View Virtual Tour

Getting Around

Car-Dependent

Very Limited Transit

Somewhat Bikeable

Schools

6/10

Milbridge Elementary SchoolGrades PK-60.3 mi

2/10

Narraguagus High SchoolGrades 7-126.6 mi

5/10

Harrington Elementary SchoolGrades PK-66.0 mi

Construction

Condition

Year built: 1902

Materials

Foundation: Block,Stone
Roof: Shingle
Construction materials: Wood Frame,Vinyl Siding

Type & Style

Home type: MultiFamily
Architectural style: Victorian
Property subType: Multi Family

Interior

Basement

Has basement: Yes
Basement: Doghouse,Exterior Entry,Full,Unfinished

Bedrooms & Bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Features

Flooring: Laminate,Wood
Finished area below ground: 0
Finished area above ground: 1,323

Heating & Cooling

Heating features: Radiator
Cooling features: None

Interior Area

Total structure area: 1,323
Total interior livable area: 1,323 sqft

Property

Details

Parcel number: MILEM007L016
Zoning: Commercial

Lot

Lot size: 7,840 sqft
Features: City Lot,Level,Open Lot

Parking

Parking features: Gravel,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

Ice StormVery High
Winter WeatherVery High
Coastal FloodingRelatively High
HurricaneRelatively High
LightningRelatively High
Cold WaveModerate
Inland FloodingModerate
TsunamiInsufficient Data

How This Home’s Risks Compare

FEMA Declared Disasters Across Maine Counties

Flood

Hurricane

Severe Storm

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	$1,511	$18,132
Home Insurance	$146	$1,752
Property Taxes	$376	$4,512
Electricity	$244	$2,930
Total	$2,277	$27,324

Income You'd Need if You Spent...

30% on housingRecommended$91,080/yr

35% on housing$78,068/yr

40% on housing$68,310/yr

45% on housing$60,720/yr

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.

Insurance Growth Rate5-year average: 13.3%

13.3%

0%30.0%

Electricity Growth Rate10-year average: 7.7%

7.7%

0%15.0%

Property Taxes Growth Rate2-year average: -1.3%

-1.3%

0%15.0%

Income Spent on Housing

30%

30%45%

Comparing Against the Market

Price Per Sq Ft

$226This listing

vs Other Active Listings

Avg $/sqft

ZIP 04658$280

Washington County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 04658—