56 Park Street
Orono, ME 04473
- 8 Beds
- 3 Baths
- 2,436 sqft
8 Beds
3 Baths
2,436 sqft
Local Information
© Google
-- mins to
Last check for updates: about 4 hours ago
Listed by Bean Group
Bought with: Bean Group
Source: Maine Listings, MLS#1557628

Description
INVEST in Orono! Great income producing 3 unit. Turn key and ready to go. Wood floors , newer windows, updated and modern units. Fully occupied w happy tenants. GOI $56,400 w NOI at $40,000 +/-. Walking distance to schools, stores, and restaurants. This is a rare find in Orono and will go quickly. CALL NOW!!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 14, 2025
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 56 Park Street
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MLS Status: Closed |
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Interior Details Basement: Interior Entry,Full |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2436 Square Feet |
Appliances & Utilities Utilities: Utilities On, Pole |
Heating & Cooling Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Wood |
Levels, Entrance, & Accessibility Floors: Wood |
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Exterior Home Features Roof: ShingleNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Gravel,1 - 4 Spaces |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2436 Square Feet |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: New Englander |
Building Construction Materials: Wood Frame, Composition |
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Price List Price: $400,000 |
Status Change & Dates Off Market Date: Sat May 06 2023 |
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Direction & Address City: Orono |
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Building Area Building Area: 2436 Square Feet |
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Lot Area: 7840.8 sqft |
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BasementMls Number: 1557628Above Grade Unfinished Area: 2436 |
Price History for 56 Park Street
| Date | Price | Event | Source |
|---|---|---|---|
| 07/17/2023 | $400,000 | Sold | Maine Listings #1557628 |
| 05/06/2023 | $400,000 | Pending | Maine Listings #1557628 |
| 05/02/2023 | $400,000 | Listed For Sale | Maine Listings #1557628 |
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,950 |
| Assessment | $185,000 |
Home facts updated by county records
Comparable Sales for 56 Park Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $335,000 | 05/29/25 | 7 | 2 | 3,048 | |
0.29 | Multi-Family Home | $523,000 | 04/14/26 | 9 | 3 | 3,385 | |
0.48 | Multi-Family Home | $253,500 | 06/30/25 | 4 | 2 | 1,979 | |
0.92 | Multi-Family Home | $295,000 | 12/19/25 | 4 | 2.5 | 2,088 | |
1.92 | Multi-Family Home | $286,000 | 06/06/25 | 4 | 2 | 1,800 | |
2.55 | Multi-Family Home | $355,000 | 12/18/25 | 7 | 3.5 | 2,800 | |
2.59 | Multi-Family Home | $315,000 | 07/16/25 | 6 | 2 | 2,250 | |
3.02 | Multi-Family Home | $270,000 | 07/22/25 | 5 | 2 | 2,100 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 56 Park Street.
What Locals Say about Orono
At least 21 Trulia users voted on each feature.
89 % Say it's dog friendly
80 % Say there are sidewalks
74 % Say it's walkable to restaurants
73 % Say kids play outside
73 % Say people would walk alone at night
72 % Say parking is easy
71 % Say there's holiday spirit
70 % Say there's wildlife
69 % Say car is needed
63 % Say yards are well-kept
57 % Say it's quiet
55 % Say streets are well-lit
50 % Say there are community events
47 % Say neighbors are friendly
26 % Say they plan to stay for at least 5 years
25 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Homes for rent near 56 Park Street
56 Park Street, Orono, ME 04473 is a 8 bedroom, 3 bathroom, 2,436 sqft multi-family built in 1920. This property is not currently available for sale. 56 Park Street was last sold on Jul 17, 2023 for $400,000 (0% higher than the asking price of $400,000). The current Trulia Estimate for 56 Park Street is $442,400.

