12 Grays Lane, Old Town, ME 04468 (MLS # 1668572)
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Looking for an affordable investment opportunity just minutes from the University of Maine? This updated 3-bedroom, 1-bath home is perfectly positioned for student housing, rental income, or owner-occupancy. Each of the three bedrooms features it's own lock and key, offering privacy and flexibility for tenants. Recent improvements include fresh paint and new flooring throughout the entire home, and brand-new front and rear decks, creating inviting outdoor spaces for relaxing or entertaining. What's more, the vacant lot across the road (map/lot 031-178) can be purchased in addition to 12 Grays Lane. It is the perfect location for a garage! Conveniently located near the university, shopping, dining, and local amenities, this move-in-ready property offers excellent potential for investors and homeowners alike. Call today for a showing!
| LAST UPDATED | 6/23/2026 | TRACT | 0 |
|---|---|---|---|
| YEAR BUILT | 1942 | COMMUNITY | 0 |
| COUNTY | Penobscot | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dryer, Electric Range, Microwave, Refrigerator, Washer |
| BASEMENT | Crawl Space, Full, Interior Entry, Partial, Sump Pump, Unfinished |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard, Hot Water, Oil |
| LOT | 2614 sq ft |
| LOT DESCRIPTION | Landscaped, Level |
| LOT DIMENSIONS | 0.06 |
| MLS STATUS | Active |
| PARKING | Paved, On Site, Off Street |
| SEWER | Public Sewer |
| STYLE | Cape Cod, Colonial |
| SUBDIVISION | 0 |
| TAXES | 1627 |
| UTILITIES | Natural Gas Not Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Better Homes & Gardens Real Estate/The Masiello Group
Listing data is derived in whole or in part from the Maine IDX & 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. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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