61 Elm St

Newport, ME 04953
  • $349,000

    Price
  • 4

    Bed
  • 2.5

    Bath
  • 2,297

    SqFt

About the Listing 2983 - 013994

NEWLY LISTED with expanded commercial opportunity and income potential in the heart of Newport! This unique property now includes a four-bay commercial garage with dedicated office space, creating an exceptional setup for contractors, small business owners, storage needs, hobby space, or investment potential. The four-bay garage measures approximately 24x42 and is paired with a 12x24 office area, offering a rare opportunity to live, work, and generate income all from one property. Combined with the in-law apartment above the barn, this property offers excellent potential for rental income, business use, or multi-generational living. This well-maintained property features an updated kitchen with modern finishes, comfortable living areas, a metal roof, and a spacious back deck overlooking the river. The in-law apartment above the barn provides added flexibility for guests, extended family, or additional income opportunities. Favorable commercial zoning further enhances the versatility of the property while its central in-town location offers convenient access to local amenities, shopping, restaurants, and easy interstate travel to both Bangor and Augusta. A unique combination of residential comfort and commercial flexibility, this property offers endless potential for a wide variety of needs.

Listing Highlights

Status Active
Days on Site 8
Property Type Residential
MLS ® 1661726
Year Built 1800
Total Square Footage 2,297
Lot/Acreage 0.26
County Penobscot

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full / 1 Half
  • Appliances:
  • Air Cond: Heat Pump
  • Heating: Electric,Oil,Propane,Baseboard,Direct Vent Heater,Heat Pump,Hot Water
  • Fireplaces: 1
  • Floor:
  • Above Ground Sq Ft: 2297
  • Below Ground Sq Ft: 0
  • Basement: Interior,Full,Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Open,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Neighborhood
  • Garage Capacity: N/A
  • Zoning: RES/COMMERCIAL
  • Roof: Metal
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,Detached,1 - 4 Spaces

Financial Details

  • Tax Amount: $3,453
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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61 Elm St Newport, ME 04953

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Originating MLS: Maine Listings

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