Property Description

Historic Newcastle Opportunity ideally positioned at the end of a quiet lane, surrounded by an attractive collection of distinguished homes! Seasonal views of downtown and the river add to the home's picturesque setting. Built in the early nineteen hundreds and located in the heart of intown Newcastle, this spacious property is ready for its next chapter. Offset renovations with a rental. Featuring 3 bedrooms plus a bonus room and 2 bathrooms in the main residence and a separately metered third-floor apartment with its own private entrance, this property presents a rare opportunity for homeowners, contractors, or anyone looking to build equity through renovation. Major improvements have already been completed, including a new roof, refinished wood floors, and all new replacement windows, allowing the next owner to focus on restoring and customizing the interior. The separate apartment provides an exceptional advantage--it can serve as temporary living quarters while renovating the main home or continue as a rental after the project is complete. Conveniently located a few blocks to downtown Newcastle and neighboring Damariscotta's restaurants, shops, library, waterfront, and local amenities, this property offers endless possibilities to create a beautiful in-town residence with supplemental income. Kitchen Design available, recent passing septic inspection available. Bring your vision and unlock the potential of this classic Maine home. See Also MLS 1678992

Property Features