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Offered at $85,000Active
beds
4
baths
1
sq ft
1,040
Built
1951

386 Branch Mills Road

Palermo, ME 04354

About this home

Opportunity awaits! Situated on 2.2 acres, this 6-room, 4bedroom, 1-bath home is ready for a complete renovation. Whether you're looking for your next flip, a project to build equity, or a property to transform into your vision, this property offers potential. The spacious lot provides room for gardens, recreation, or future improvements while offering a peaceful setting. This property is being sold as-is and will require significant repairs.

Listing last checked: Listing updated:

Listed by Listing Agent · Coldwell Banker Plourde Real Estate · MLS #1675036

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Oil, Forced Air, Hot Water
Cooling
None
Flooring
Carpet, Vinyl, Linoleum
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1951
Garage
1
Foundation
Block
Roof
Metal
Land & utilities4 property facts
Lot size
2.2 acres
Water
Private, Well
Sewer
Private Sewer
Zoning
Residential
Financial2 property facts
Annual taxes
$1,622
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $85,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$565 / monthAdjust
Principal & interest
$430
Property tax
$135
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,622. 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 386 Branch Mills Road

Can I request a private showing?

Request a tour of 386 Branch Mills Road 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.