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Bean Group
Offered at $259,900Active
beds
4
baths
1
sq ft
1,356
Built
1950

28 Island Avenue

Orono, ME 04473

About this home

This four-bedroom, one-bath ranch is currently leased through June 2027 and has a strong rental history in a community where whole-home rentals can be difficult to find. Located approximately two miles from the University of Maine campus, the property offers convenient access to Orono's well-regarded public schools, local shops, restaurants, parks, cultural activities, and other community services. With its welcoming small-town character and university-centered amenities, Orono offers an appealing setting for people at every stage of life. Affordably priced, this property presents an excellent opportunity for investors or future owner-occupants.

Listing last checked: Listing updated:

Listed by Listing Agent · Maine Discount Realty · MLS #1679543

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Oil, Forced Air
Cooling
None
Flooring
Carpet, Vinyl, Wood
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1950
Garage
1
Foundation
Block
Roof
Metal
Land & utilities4 property facts
Lot size
0.22 acres
Water
Public
Sewer
Public Sewer
Zoning
RES
Financial2 property facts
Annual taxes
$4,019
Assessment year
2027

Location

Estimated monthly cost

Explore costs at the $259,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,649 / monthAdjust
Principal & interest
$1,314
Property tax
$335
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,019. 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.

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About 28 Island Avenue

Can I request a private showing?

Request a tour of 28 Island Avenue 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.