47 Elm Street, Milo, ME, 04463

About This Home

Positioned on a corner lot at the intersection of Elm Street and Alton Road, this classic New Englander/Farmhouse offers space, character, and opportunity in the heart of Milo. With higher ceilings and traditional proportions, the home reflects the charm of early 1900s construction while providing a flexible layout for modern use . The first floor features a large bonus room ideal for a second living area, office, or hobby space, along with a convenient first-floor laundry room. Upstairs, you'll find three bedrooms and a full bath, complemented by an additional half bath for functionality. An attached barn expands the property's utility with a one-car garage, loft storage above, and additional space below for equipment or workshop use. The full basement offers further storage and potential for a root cellar. Heating includes a furnace replaced in 2011, providing a solid mechanical foundation for future improvements . Exterior paint is needed, presenting an opportunity to build equity and customize the home's curb appeal. Located within easy reach of Milo's in-town amenities--shopping, dining, fuel, and daily services--this property balances accessibility with small-town living. For those seeking investment or multi-property potential, this home may be purchased in combination with the adjacent 45 Elm Street (on a double lot), creating a compelling income property setup with scale and flexibility . A property with strong bones, usable space, and long-term upside--ready for its next chapter.