Looking for an affordable investment opportunity just minutes from the University of Maine? This updated 3-bedroom, 1-bath home is perfectly positioned for student housing, rental income, or owner-occupancy. Each of the three bedrooms features it's own lock and key, offering privacy and flexibility for tenants. The purchase price includes a separate vacant lot located directly across the road - an ideal location for a future garage, workshop, or additional storage (subject to local approvals). The home may also be purchased WITHOUT the additional lot at a reduced price. Contact the listing broker for details. Recent improvements include fresh paint and new flooring throughout the entire home, and brand-new front and rear decks, creating inviting outdoor spaces for relaxing or entertaining. Conveniently located near the university, shopping, dining, and local amenities, this move-in-ready property offers excellent potential for investors and homeowners alike. Call today for a showing!

More Info

Tax Information

Parcel Number OLDN-000031-000000-000173
Taxes$1,836

Location

Address12 Grays Lane
Building Number12
CountyPenobscot
StateME
StreetGrays Lane
TownOld Town
Zip04468

Interior

Interior Features 1st Floor Bedroom

Utilities

Electric Circuit Breakers
Heat SystemOil, Baseboard, Hot Water
Heating YN Yes
Waste Water DisposalPublic Sewer

Legal

ZoningResidential

Other

Date Listed06/23/2026

School Information

High School DistrictRSU 34

Rooms

Bathroom1
Bathrooms Total Decimal 1
Bedrooms3
Full Bath1
Laundry Features Main Level

Building

Basement
- Crawl Space
- Full
- Interior Entry
- Partial
- Sump Pump
- Unfinished
Flooring Vinyl
Patio And Porch Features Deck, Porch
Property StyleCape Cod, Colonial
Rooms5
Year Built1942

Amenities

Amenities1st Floor Bedroom, Main Level
Appliances IncludedDryer, Microwave, Electric Range, Refrigerator, Washer
Other AmenitiesBasement
PetsNo Restrictions

Parking

Parking Features Paved,1 - 4 Spaces, On Site, Off Street

Basic Information

List Price$229,900
MLS Number1668572
Property SubTypeSingle Family Residence
Property TypeResidential
StatusACT

Property

Road Surface Type Paved

Exterior

RoofFiberglass, Pitched, Shingle

Property Information

Acreage0.06
Lot Features Intown, Near Shopping, Neighborhood, Level, Landscaped
Square Feet1,404

Water Body

Water AccessPublic
Water Info Island Yes

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12 Grays LaneOld Town, ME 04468Price: $229,900

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