445 Main Street , Madawaska, ME 04756

$49,900
  • 445 Main Street , Madawaska, ME 04756 Main Photo

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New to the Market Active
BEDS0 BATHS1 full SQUARE FEET2,112 MLS#1685997
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

INVESTMENT OPPORTUNITY - PRICED TO SELL! Looking for an affordable investment property with plenty of potential? This versatile, fully vacant building presents an opportunity for investors, entrepreneurs, or buyers looking for a property they can make their own! The second floor features a two-bedroom apartment with an additional room currently used for laundry that could potentially serve as a third bedroom. The apartment has benefited from renovations, including an updated bathroom approximately four years ago. The main level previously operated as a hair salon and still features the hair-washing stations and existing plumbing, along with a break room and bathroom. This space could potentially be reopened as a salon, repurposed for another business, or converted into an additional residential unit, subject to necessary permits and approvals. With the entire building currently vacant, the next owner has the flexibility to begin planning renovations or improvements without having to work around existing tenants. The property has been priced accordingly to reflect known structural issues with the foundation, making this an opportunity for buyers prepared to address the necessary repairs. Whether you're looking to establish a business, create rental income, or renovate for future investment potential, this property is worth a look. Bring your ideas and explore the possibilities!

445 Main Street | MLS# 1685997

This multi-family property located at 445 Main Street , Madawaska, ME 04756 is currently listed for sale with an asking price of $49,900. Search Madawaska real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry, Dirt Floor, Crawl Space
Cooling: Heat Pump
Heating: Electric, Oil, Baseboard, Hot Water
Home Style: Other
Lot Size: 0.06 Acres
Roof Type: Shingle
Taxes: $1,269
Year Built: 1931

Feature Descriptions

Amenities: Bathtub
Electric: Circuit Breakers
Exterior: Wood Frame, Fiber Cement
Flooring: Laminate
Foundation: Block
Lot: Intown, Near Shopping, Corner Lot, Rolling Slope
Parking: Paved,1 - 4 Spaces, On Site
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 2112
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: NextHome Discover
Agency Phone: 207-762-6398

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

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Estimated Payment

$ 231.36 per month $111.06 Principal & Interest $105.75 Property Tax $14.55 Homeowner's Insurance

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