3 Bedroom 1 Bath Home – Old Town, ME

Located along Stillwater Avenue in Old Town,
this property presents a strong opportunity for investors or owner-occupants
seeking proximity to the University of Maine. Positioned directly beside
university-owned land, the home overlooks open UMaine fields and offers access
to the university’s walking, hiking, and biking trail system. These trails are
commonly used for daily recreation, commuting by bike, and mountain biking,
making the location especially attractive for student housing or long-term rental
use.

The home offers a flexible layout with three
to four potential bedrooms and one full bathroom. The first floor includes a
living room, office or flex space, kitchen, dining room, bedroom, and laundry
area. This setup allows for functional first floor living or creative
reconfiguration depending on the intended use. The second floor includes two
additional bedrooms, providing separation between shared living and private
spaces. The property does need some TLC, particularly on the first floor, and
is best suited for buyers who are comfortable making cosmetic improvements to
add value.

The house is connected to city water and city
sewer, an important feature for rental reliability and ease of ownership. Set
on a manageable, approximately 0.15-acre lot, the property requires minimal
exterior maintenance while still offering open views and a sense of space due
to the adjacent university land. The backyard faces directly toward UMaine
fields rather than neighboring homes, which enhances privacy and long-term
appeal.

With its location near campus, access to
recreation trails, and flexible interior layout, this property is well-suited
for investors looking to rent to University of Maine students or for parents
seeking a practical housing solution while their college-age student attends
UMaine. Its combination of location, utility connections, and rental potential
makes it a solid value-driven opportunity in the Old Town market.