350,000

Opportunity awaits with this spacious and updated 4-bedroom, 3-bath Colonial situated along the Penobscot River in desirable Orono. Enjoy beautiful river views while being conveniently located in town, just a quick drive to the University of Maine, local schools, and all the shopping, dining, healthcare, and amenities of the greater Bangor area. Currently utilized as an investment property with college student rentals, this home offers an excellent opportunity for investors or those looking ahead to future owner occupancy. While officially a 4-bedroom home, it is currently being utilized as a 5-bedroom, showcasing the versatility and abundance of space this property has to offer. Inside, you'll find a bright, open-concept layout with generous living areas and plenty of room to gather. Three full baths provide added convenience, while the full, finished basement offers even more valuable space for recreation, work, hobbies, guests, or simply room to spread out. The combination of an in-town location, river views, generous square footage, and convenient access to the University of Maine makes this property a unique offering in the Orono market. Whether you're looking to add to your investment portfolio or envisioning this spacious riverside property as a future home, there is plenty of potential here. Current leases are in place and are to be honored through the end of the 2026-2027 school year. Please allow a minimum of 24 hour notice for showings due to tenants. Call today to schedule your private showing.