597 Income Producing Rental Property! The main house and cottage had new siding installed in late fall 2018. Main house features 4 apartments with upgraded windows, heating and newer roof. The property includes an adorable, newly renovated one bedroom cottage rental with little deck overlooking Saddleback Mountain. Garage, self pay washer and dryer laundry area. Rangeley is a four season destination spot where rentals are always needed. This is a great investment opportunity, with anticipated demand for rentals. The one bedroom cottage is a beautiful spot for owner occupancy.
Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
Roof: Shingle
Total Building Area (Sq. Ft.): 2,576
Exterior Features
Patio & Porch Features: Deck
Other Structures: Outbuilding
Property Information
Year Built: 1940
Above-Grade Finished Area (Sq. Ft.): 2,576
Levels: Multi-Level
Green Energy Efficient: Other/See Internal Remarks
Lot Information
Lot Size (Sq. Ft.): $21,780
Lot Size (Acres): 0.5
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Level, Intown, Near Shopping, Ski Resort
Road Surface Type: Paved
Zoning: Residential
Financial
Tax Information
Annual Tax Amount: $3,949.25
Tax Year: 2020
Utilities
Utility Information
Has Heating
Heating: Direct Vent Heater, Baseboard, Hot Air
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Water Heater: Electric, Gas
Location
Multi-Unit Information
# of Units Total: 5
# of 1 Bedroom Units: 2
# of 2 Bedroom Units: 3
Operating Expense: $20,236
Gross Income: $38,400
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $600
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Refrigerator: Yes
Sewer: No
Water: No
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $675
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $700
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $575
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
# of Bedrooms: 2
Actual Rent: $650
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Location Information
Unparsed Address: 44 Stratton Road, Rangeley, ME 04970
Directions: From Rangeley turn on Pleaseant Street (RT16) travel 0.2 miles turn left Stratton Rd (RT16)Travel 0.2 miles. Property is on left. Sign on Property.
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: —
Stories: —
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Franklin County
APN: 8805763
Home facts updated by county records on May 6, 2026
Around this home
Schools
Places
Transit
Rangeley Lakes Regional School
Public PreK-12 • Assigned • 0.6mi
4/10
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
1/10 Heat Factor
8 days above 84° expected this year, 18 days in 30 years
3/10 Wind Factor
4% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Rangeley, ME • 04970
Average low and high temperatures (°F)
19
6
24
6
38
20
49
31
59
42
72
53
76
59
74
55
68
49
56
39
39
29
26
12
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 6.9 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.
6.9 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Sell confidently with a local market expert in Rangeley. 3 minutes to get started.