Property Attributes
- MLS#1676647
- TypeMulti-Family
- Listing Status Active
- CountyPenobscot
- CityGlenburn
- NeighborhoodNo
- Zip04401
- StyleCottage, Other
- Year Built1960
- Taxes$ 2933
- Price$ 519,000
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2153
- Lot Size0.4 Acres
Data Source:
Maine Listings (MREIS)
Property Description
RARE LAKEFRONT INVESTMENT OPPORTUNITY! Seldom does an income-producing asset of this caliber hit the Maine market. Perfectly positioned on highly sought-after Pushaw Lake, this spectacular waterfront property features a unique ''two-for-one'' setup with two fully renovated, year-round homes. Offering incredible flexibility, this turnkey property is optimized for a savvy investor looking to maximize short-term vacation rental (STR) revenue, secure a steady long-term tenant, or execute a lucrative ''live in one, rent the other'' strategy to cover your mortgage. Cottage 1 radiates modern luxury, rebuilt from the studs with high-end custom finishes designed to command premium rental rates. The interior features a modern kitchen, a convenient first-floor bedroom, a cozy sleeping loft, and the high-value guest comfort of heated bathroom floors. The centerpiece of this home is the heated enclosed porch, offering panoramic sunset views year-round--a major feature that will make your digital listing stand out online and drive peak off-season bookings. Cottage 2 delivers a bright and charming classic Maine vibe with a refined, contemporary touch. Guests and long-term tenants alike will love the character-filled interiors, refinished countertops, and sleek stainless steel appliances. The private shiplapped porch provides a peaceful sanctuary for morning coffee and lake breezes, ensuring separate, comfortable outdoor living spaces for both homes. Step outside to a private waterfront oasis featuring a 40-foot aluminum dock with a dedicated sunbathing platform. This premium amenity significantly enhances rental viability, positioning the property as a top-tier destination for boating, fishing, and quintessential Maine lake vacations. Don't miss this rare, turnkey Pushaw Lake gem--dual income streams and waterfront living await.
General Features
| Sewer | Private Sewer,Septic Tank |
|---|---|
| Zoning | Residential |
| Electric | Circuit Breakers |
| Tax Year | 2025 |
| County | Penobscot |
| Property Type | Multi-Family |
| HOA | false |
| Status | Active |
| City | Glenburn |
| Lot Size Units | Acres |
| Lot Size Square Feet | 17424 |
| Tax Annual Amount | 2933 |
| Standard Status | Active |
| Tax Lot | 071 |
| View | Scenic |
| Heating | Propane |
| Cooling | None |
| Garage Y/N | false |
| Land Lease Y/N | false |
| Pets Allowed | Other Restrictions |
| Subdivision Name | No |
| Roof | Metal,Shingle |
| Architectural Style | Cottage,Other |
| Construction Materials | Wood Frame,Vinyl Siding |
| Year Built | 1960 |
| Attached Garage | false |
| Full Baths | 2 |
| Unit Number | B |
| Patio/Porch Features | Deck,Glassed-in Porch |
| Gross Income | 60000 |
| Number Of Units Total | 2 |
Interior Features
| Total Baths | 2 |
|---|---|
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Basement | Not Applicable,None |
| Flooring | Laminate,Tile,Wood |
| Above Grade Finished Area | 2153 |
| Interior Amenities | 1st Floor Bedroom,Other,Pantry,Shower,Storage |
Exterior Features
| Parking Features | Gravel,1 - 4 Spaces |
|---|---|
| Lot Features | Neighborhood,Other,Level,Open Lot |
| Water Source | Private,Well |
| Lot Size Area | 0.4 |
| Lot Size Acres | 0.4 |
| Road Surface Type | Paved |
| Lot Size Source | Public Records |
| Waterfront Y/N | false |
| Building Area Total | 2153 |
| Foundation Details | Pillar/Post/Pier |
| Door Features | Storm Door(s) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 04401
Statistics provided by Inside Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.