Discover an affordable opportunity in Milo, Maine with this classic farmhouse-style property offering three bedrooms, one full bathroom, and approximately 1,163 square feet of living space. Built in 1885, this home sits on a generous 0.87-acre lot and is currently offered at $84,500, giving buyers an opportunity to own a property with historic character, usable land, and significant potential for improvement.
The home presents an appealing option for buyers who are comfortable taking on updates and want the opportunity to shape a property according to their own vision. The existing layout provides a practical starting point, with six total rooms and enough living space to accommodate a variety of household needs.
With three bedrooms, the property can comfortably serve as a primary residence, seasonal home, or investment project. The bedrooms also provide flexibility for guests, a home office, hobby space, or other personal uses depending on the needs of the future owner.
The approximately 1,163 square feet of above-grade living space gives the home a manageable footprint while still providing enough room for comfortable everyday living. Interior flooring includes vinyl and other flooring materials, while the traditional wood-frame construction and shingle siding contribute to the property’s classic New England appearance.
Outside, the nearly one-acre parcel is one of the property’s strongest features. At approximately 0.87 acres, the lot provides considerably more outdoor space than many typical residential properties. The land offers room for gardening, recreation, outdoor activities, storage, landscaping, or simply enjoying the quieter atmosphere of a larger residential lot.
The property also features a paved road frontage and gravel parking with space for approximately one to four vehicles. Public water and public sewer are already available, adding practical convenience for the next owner.
Built in 1885, the residence has more than a century of history and traditional farmhouse character. Its wood-frame construction, shingle siding, granite and brick/mortar foundation, and shingle roof give the property an unmistakable older-home appeal. For buyers who appreciate historic houses, this provides an opportunity to restore and modernize a property while preserving elements of its original character.
The location is another advantage. The property is conveniently situated near the town of Milo, with shopping, local services, and everyday amenities nearby. Its setting provides a balance between rural Maine atmosphere and convenient access to the community.
For investors, the property may offer particularly interesting potential. The current listing describes it as a strong investment opportunity and notes that updates and improvements could significantly enhance the home. Buyers with renovation experience may see an opportunity to improve the interior, update finishes, enhance the outdoor space, and create additional value over time.
At $84,500, this property offers an accessible price point for buyers searching for Maine real estate with land and renovation potential. The current asking price works out to roughly $73 per square foot, making it an option worth considering for someone looking for more space and acreage without moving into a much higher price range.
Whether you’re searching for an affordable Maine home, a renovation project, a rental investment, or a property where you can create something uniquely your own, 76 Riverside Street offers a promising starting point. The combination of three bedrooms, one bathroom, approximately 1,163 square feet, a 0.87-acre lot, historic farmhouse character, and a convenient Milo location creates plenty of possibilities for the next owner.
With thoughtful improvements and a clear vision, this property could be transformed into a comfortable home while retaining the character that comes with its 1885 construction. For buyers willing to put in the work, it offers the chance to take an older Maine property and give it a fresh future.
listed on zillow
