3 School ST Orono, ME 04473

This single-family home has a rich history of serving as a successful rental property for the past decade and offers a unique opportunity for savvy investors to expand their portfolio or for those seeking a delightful home minutes away from the University of Maine Orono campus. With a solid rental history and reliable tenants in place, this property has consistently generated income over the past 10 years. The current lease agreement extends until summer 2024, providing an immediate revenue stream for the new owner. Whether you're an investor looking to add a reliable income-generating property to your portfolio or a homeowner searching for a new residence, this property caters to both needs. The lease agreement is flexible, allowing for termination upon sale, providing you with the option to make this home your own. Situated just minutes from the University of Maine Orono campus, this property is an ideal choice for anyone looking to enjoy the vibrant university atmosphere. Additionally, it's within walking distance to ''downtown'' Orono, offering convenience to local restaurants and night life. Quick access to i95 ensures easy commuting to neighboring areas. Beyond its current use as a rental property, the potential for future appreciation and continued rental income could make this residence a smart investment choice in the Orono real estate market.