A well kept apartment building in Orono, perfect for investors or owner-occupants seeking rental income. This property boasts two units, each offering two bedrooms and one bath. Enjoy the convenience of separate entrances, providing privacy for both tenants. Each unit has direct access to the storage area located at the back of the property. This area could be finished for extra living space. Conveniently located one mile from University of Maine and only a short walk to Webster Park or Downtown Orono. This property presents an excellent opportunity for steady rental income or comfortable living. Don't miss out on this fantastic investment in a prime location!
Multi-familyProperty Type
1880Year Built
6,534 sq ftLot Size
$190Est. Price/Sq.Ft.
1 spaceParking
Listed by Jessica Mertz• Better Homes & Gardens Real Estate/The Masiello Group
Bought with Bradley Mitchell• RE/MAX Collaborative
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
1,560
Year built
1880
Style
Multi-Family (2-4 Unit)
County
Penobscot County
APN
429483
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
MDR
VILLAGE RESIDENTIAL
Medium-Density Residential District
The Medium-Density Residential District MDR is designated for land where central water and sewer facilities are available or where the installation of these facilities is feasible. Residential and other compatible and complementing uses are permitted in this district at densities dependent upon utility service available. This district is intended to house the majority of the town's permanent residents in areas and at densities consistent with the utilities.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Public service
Fire house
Police station
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Gravel
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Interior, Crawl Space
Interior Features
Flooring: Vinyl, Carpet
Laundry Information
Laundry Features: 1st Floor Laundry, Upper Level, Main Level
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 2
Operating Expense: $6,800
Gross Income: $23,700
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $975
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Pillar/Post/Pier
Roof: Shingle
Total Stories: 2
Total Building Area (Sq. Ft.): 1,560
Property Information
Year Built: 1880
Above-Grade Finished Area (Sq. Ft.): 1,560
Lot Information
Lot Size (Sq. Ft.): $6,534
Lot Size (Acres): 0.15
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Intown, Near Town, Neighborhood, Near Public Transit
Road Surface Type: Paved
Zoning: MDR
Financial
Tax Information
Annual Tax Amount: $3,220
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
HOA Information
Pets Allowed: No Restrictions
School Information
High School District: RSU 26
Location Information
Unparsed Address: 57 Hillside Road, Orono, ME 04473
Directions: From Main Street turn onto N Main Ave, stay right on N Maine Ave. Turn left onto Hillside Rd
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,560
Stories: 2.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1880
Year Renovated: —
County: Penobscot County
APN: 429483
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Asa C Adams School
Public PreK-5 • Assigned • 0.8mi
9/10
Orono Middle School
Public 6-8 • Assigned • 0.8mi
9/10
Orono High School
Public 9-12 • Assigned • 0.9mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Orono, ME • 04473
Average low and high temperatures (°F)
27
10
32
9
44
24
53
35
66
46
78
55
83
61
82
57
74
50
61
41
46
32
32
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.4 hours in
June and 2.8 hours in December, placing it below the
U.S. average for solar exposure.
7.4 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$282,000 – $342,000
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