42 Island Avenue, Orono, ME 04473
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
42 Island Avenue,Orono, ME 04473
$199,900
- 5 Beds
- 2 Baths
- 1,365 sq. ft.
- Single family
- Active
Office: better homes & gardens real estate/the masiello grouphollytaylor@masiello.com
MLS#:1684495
Source:ME_MREIS
Price summary
- Price:$199,900
- Price per sq. ft.:$146.45
About this home
Positioned close to the University of Maine, 42 Island Avenue presents an appealing opportunity for buyers exploring the college rental market. Its convenient Orono location puts campus, downtown dining, shops, and local favorites within easy reach, bringing together the everyday conveniences that can help a rental property stand out. For investors looking to establish or expand a rental portfolio, proximity to UMaine is a key draw. Explore the potential for student rental income in a university community, with a location that connects tenants to both campus life and downtown amenities. Orono Brewing Company is nearby, adding to the neighborhood's local appeal as well as a large convenient store at the top of the road. Whether you are considering your first investment property or adding to an existing portfolio, this profitable property deserves a closer look. A convenient location, access to the university, and rental income potential make 42 Island Avenue an opportunity to explore in the Orono market. Lease is up in August of 2027. No vacancy rate due to students finding roommates after Landlord screening and approval....
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Home facts
- Year built:1917
- Listing ID #:1684495
- Updated:October 20, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:7
- Flooring:Laminate, Vinyl, Wood
- Bathrooms Description:Bathtub, Shower
- Kitchen Description:Electric Range, Refrigerator
- Bedroom Description:1st Floor Bedroom
- Basement Description:Dirt Floor, Full, Interior Entry, Unfinished
- Living area:1,365 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air, Heating, Oil
Structure and exterior
- Roof:Shingle
- Year built:1917
- Building area:1,365 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Intown, Near Country Club, Near Golf Course, Near Town, Near Turnpike/Interstate, Open Lot
- Architectural Style:Colonial
- Construction Materials:Vinyl Siding, Wood Frame
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$146.45
- Tax amount:$3,154 (2025)
Features and amenities
- Appliances:Dryer, Electric Range, Refrigerator, Washer
- Laundry features:Dryer, Main Level, Washer
Parking
- Parking description:1 - 4 Spaces, Paved
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