549 Main Street

Monmouth, ME 04259

$575,000
Price
6
Beds
4,340 Sq. Ft.
$132 / Sq. Ft.
4,340
Sq. Ft.
$132
per Sq. Ft.

Description

Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it...Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape. The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property. Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.
  1. Listed by Jordan Stolt • Summit Real Estate
  2. Listed by Grace STOCCO • Summit Real Estate

Property Details for 549 Main Street

Waterfront
No
Waterfront Features
Lake
ArchitecturalStyle
Farmhouse
Garage Spaces
4.00
Garage
Yes
Zoning
RES
LISTING UPDATED: 02/13/2025 01:12 PM

Property Details for 549 Main Street

StatusActive
MLS #1612072
Days on Market53
Taxes$4,587 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1905
Lot Size7.90 AC / 344,124 SF
CountyKennebec County

Building Information for 549 Main Street

Stories-Residences2Year Built1905Building Size-Lot Size7.90 AC / 344,124 SF

Property Information for 549 Main Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Cochnewagon
  • Zip Code: 7537
  • Town: Monmouth
  • State/Province: ME
  • Zip Code: 04259
  • County: Kennebec
  • Geo Latitude: 44.224861
  • Geo Longitude: -70.03923
  • Tax Lot: 28
  • Site:Level: Yes
  • Site:Pasture/Field: Yes
  • Location:Rural: Yes
  • Transportation:Major Road Access: Yes
  • Recreational Water:Lake/Fresh Water: Yes
Parking
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Inside Entrance, Off Street
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 13417
  • Tax Map Number: 16
  • Tax Year: 2023
  • Parcel Number: MONM-000016-000000-000028
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,587.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4340.0
  • Lot Size Acres: 7.9
  • Source of Acreage: Public Records
  • Building Area Total: 4340.0
  • Lot Size Area: 7.9
  • Lot Size Units: Acres
  • Lot Size Square Feet: 344124.0
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Street Number: 549
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: 1.00
  • Property Information:Color: White
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1905
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Shingle Siding, Clapboard, Aluminum Siding, Post & Beam, Wood Frame
  • Vehicle Storage:1 Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Roof: Metal, Shingle
  • Other Structures: Barn, Outbuilding, Shed(s)
  • Other Structures: Barn2: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Full, Interior Entry, Unfinished
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Features: Attic, Bathtub, In-Law Floorplan, Shower, Walk-In Closet(s), Storage, Primary Bedroom w/Bath
  • Cooling: None
  • Heating: Multi-Zones, Hot Water, Heat Pump, Forced Air, Baseboard
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Bathrooms Total (Integer): 5
  • Bathrooms Total (Decimal): 4.50
  • Bathrooms Total (Notational): 4.10
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $61,483.00
  • Operating Expenses: $32,143.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 3.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 4.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: 1.00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 1

Property History for 549 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 549 Main Street

Taxable ValueLand$77,500Additions$175,900Total$253,400
Tax Record2023$4,587 ($382 / month)
Home Facts
Baths3Total Finished SqFt3,487 SqFtAbove Grade Finished SqFt3,487 SqFtUnfinished Basement SqFt2,352 SqFtStories2Lot Size344,124 SqFtStyleDuplexYear Built1905CountyKENNEBECAPNMONM M:16 L:28

Schools near 549 Main Street

This home is within Regional School Unit 02.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 5
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Henry L Cottrell School
PublicPK to 3

Hall-Dale Elementary School
PublicPK to 5

Marcia Buker School
PublicPK to 5

Monmouth Memorial School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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549 Main Street is a multi-family home for sale in Monmouth, ME 04259. This property was listed for sale on January 5, 2025 by Summit Real Estate, it's currently listed at $575,000. It has been on the market for a total of 53 days and was last sold on December 5, 2019. This listing's school district is Regional School Unit 02. Nearby schools include Henry L Cottrell School, Hall-Dale Elementary School and Marcia Buker School. 549 Main Street is a 6-bed, 4.5-bath, 4,340 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Summit Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.