148 College Avenue

Orono, ME 04473

Pay your mortgage with rental income! Fully furnished 5 bedroom, 3.5 bathroom home. Plus 2 charming log cabins ideal for rentals or guests situated on a 0.9 acre lot adjacent to the University of Maine in Orono. The main home was renovated in 2018 with high end materials and finishes embodying the perfect balance of its original charm and luxury. A convenient main floor layout includes a rear entry mudroom/foyer with a half bath/laundry room. The kitchen boasts stainless steel appliances, granite counter tops and an eat in breakfast nook off of the kitchen counter peninsula. Rounding out the first floor are a formal dining room, spacious living room with a natural gas heat stove, full bathroom and formal entry way. The second floor has 4 bedrooms, and a generous full bathroom. The third floor contains the 5th bedroom with a ensuite full bathroom. Looking for luxury living and rental income? Look no more. This unique property has unmatched value and versatility. Buyer could elect to sell the cabins and have them moved off the property. Inquire for rental profit break down.

Listing courtesy of ERA Dawson-Bradford Co.



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Last checked 2026-11-15 12:23 AM UTC