Spacious and recently renovated two-unit home is conveniently located near the UMO campus, shopping, downtown Orono, and I-95. However, it is tucked away on a lovely side street with a 0.5 acre lot and across the street from the Stillwater River. The main house offers an attached garage with direct entry to a large mudroom with an adjacent full bath with a convenient first floor washing machine and dryer. In the 1900-built portion of the home, high ceilings and original wood floors offer period charm. The stylish and sunny renovated kitchen features banks of windows above the kitchen sink overlooking the new side deck and lush side yard. This large eat-in-kitchen flows into the front double living, which is large enough for a formal dining area. Upstairs are three bedrooms and a handy half bath as well as walk-up access to an unfinished attic for storage or room to expand. At the back of the building is the large one bedroom apartment that is privately situated above the garage. Exterior access to this apartment is from the newly added back stairway and large deck. This private outdoor space is an attractive element to any tenant. The apartment features an open concept floor plan with luxury vinyl plank floors and a great working kitchen that is just a few years young. Off the kitchen is a utility nook with washer and dryer, which is another appealing element to any tenant. A hallway behind the kitchen leads to the full bath and the large bedroom. If what you need is a connected in-law situation or just a larger single-family home, a wall in this apartment's bedroom can be opened back up to connect once more to the upstairs hallway of the front apartment. Showings will begin Saturday, May 28th. The front apartment is vacant, but the back apartment is occupied and tenants must have 24-hour notice.
Single-familyProperty Type
1900Year Built
0.55 acresLot Size
$199Est. Price/Sq.Ft.
2 car garageParking
Listed by Venise Bard• Better Homes & Gardens Real Estate/The Masiello Group
Bring your tools and build some equity! This home is well located on a large lot close to intown Old Town, I-95, and The University of Maine. House needs work inside and outside but appears to be a good structure to work with. It is currently set up as a two unit but it would be very easy to open up for a larger single family home. There is an attached garage and the apartment is partially over that. There is a large first floor bath with laundry. The kitchen offers plenty of space for a redesign. Watch a little HGTV and bring those ideas with you. This could be great student housing. Priced well below assessed value. The lot is worth at least half the price. Worth a look in this location!
Year
Property tax
Land + Additions
Assessment*
2025
$3,455 (+12.9%)
$25,000 + $147,900
$172,900
2024
$3,060
$25,000 + $147,900
$172,900
2023
$3,062 (+25.4%)
$25,000 + $148,000
$173,000
2022
$2,442 (−6.5%)
$21,700 + $94,600
$116,300
2020
$2,613
$21,100 + $93,200
$114,300
2019
$2,613 (−0.9%)
$21,100 + $93,200
$114,300
2018
$2,638 (+2.3%)
$21,100 + $94,300
$115,400
2017
$2,579 (+6.0%)
$21,100 + $94,300
$115,400
2016
$2,434 (−0.3%)
$21,100 + $94,300
$115,400
2015
$2,442 (−10.3%)
$21,100 + $94,300
$115,400
2014
$2,722 (+8.1%)
$21,100 + $113,600
$134,700
2013
$2,518
$21,100 + $113,600
$134,700
Tax history for 40 Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$3,455 (+12.9%)
$25,000 + $147,900
$172,900
2024
$3,060
$25,000 + $147,900
$172,900
2023
$3,062 (+25.4%)
$25,000 + $148,000
$173,000
2022
$2,442 (−6.5%)
$21,700 + $94,600
$116,300
2020
$2,613
$21,100 + $93,200
$114,300
2019
$2,613 (−0.9%)
$21,100 + $93,200
$114,300
2018
$2,638 (+2.3%)
$21,100 + $94,300
$115,400
2017
$2,579 (+6.0%)
$21,100 + $94,300
$115,400
2016
$2,434 (−0.3%)
$21,100 + $94,300
$115,400
2015
$2,442 (−10.3%)
$21,100 + $94,300
$115,400
2014
$2,722 (+8.1%)
$21,100 + $113,600
$134,700
2013
$2,518
$21,100 + $113,600
$134,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.55 Acres
Year renovated
—
Sq. Ft.
1,659
Year built
1900
Style
Single Family Residential
County
Penobscot County
APN
303621
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Has Garage
Attached Garage: Yes
# of Garage Spaces: 2
Parking Features: Auto Door Opener, 1 - 4 Spaces, Gravel, On Site, Inside Entrance
Vehicle Storage: 2 Car, Attached, Auto Door Opener, Direct Entry to Living