Skip to content
Bean Group
Offered at $65,500Active
beds
3
baths
2
sq ft
1,897
Built
1897

45 Elm Street

Milo, ME 04463

About this home

Looking for a project where much of the heavy lifting is already done? This 3-bedroom, 2-bath Cape offers a rare opportunity to step into a renovation that is well underway and ready for completion on a double lot. Prior to the current ownership, the home was taken down to the studs and rebuilt with significant updates including insulation, plumbing, electrical, drywall, and windows . The layout is in place with a partially completed first-floor half bath and a second-floor full bath ready to be finished. The kitchen is framed with cabinetry installed, awaiting appliances and final touches. Two propane fireplaces add potential for efficient supplemental heat and comfort. Exterior features add strong value with both an attached one-car garage and a detached two-car garage with storage above--ideal for equipment, workshop space, or future expansion. A substantial inventory of building materials conveys with the sale, including a vanity, sink, lighting, doors, PVC plumbing, insulation, and additional supplies--helping reduce completion expenses and accelerate your timeline . Chimney does need to be rebuilt. Positioned on an in-town lot with public water and sewer, this property offers a practical path to equity for investors, contractors, or buyers seeking a customizable home at a compelling price point. Originally built in 1897 with approximately 1,897 square feet, the structure provides solid scale and flexibility for finishing to your specifications . Unique opportunity: Available in conjunction with 47 Elm Street--purchase both to live in a move-in-ready home while completing 45 Elm as an investment, rental, or resale project.

Listing last checked: Listing updated:

Listed by Listing Agent · True North Realty, Inc. · MLS #1657819

Request property information

Select a document to start a request. You can add others in the form. Availability varies.

Details at a glance

Interior5 property facts
Rooms
7
Heating
Oil, Forced Air
Cooling
None
Flooring
Other
Fireplaces
2
Building5 property facts
Style
Single Family Residence
Year built
1897
Garage
2
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
0.57 acres
Water
Public
Sewer
Public Sewer
Zoning
Res
Financial2 property facts
Annual taxes
$1,478
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $65,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$454 / monthAdjust
Principal & interest
$331
Property tax
$123
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,478. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Explore more of Milo

Continue your search in Milo.

Need help making sense of this home?

About 45 Elm Street

Can I request a private showing?

Request a tour of 45 Elm Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.