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272 E Main Street

Madawaska, ME 04756
  • $3,750,000
  • STATUS: Active
  • MLS #: 1578697
UPDATED: 49 min ago
$3,750,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,177
    SQFT
Type:
Multi-Family
Built:
1947
County:
Area:

School Ratings & Info

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Description

Investors take notice! Fantastic opportunity to own a large portfolio in Northern Maine. A total of 18 buildings throughout Caribou, Limestone, Madawaska, and Van Buren. 3 Commercial Spaces, 1 garage rental, and 77 residential units. All properties except for one multi-unit have public water and public sewer! In-town lots close to amenities and convenient travel for management. Many units are in great shape with cosmetic, roof, and boilers updates and some units need a little TLC to increase rental income. Lots of potential with this opportunity. Come check it out and make it yours today!

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-24T10:50:53.403.
www.thenewenglandreco.com/homes/145794644
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272 E Main Street Madawaska, ME 04756

  • Price: $3,750,000
  • Status: Active
  • On Site: Days
  • Updated: 49 min ago
  • MLS #: 1578697
0
Beds
4
Baths
0
½ Baths
0.11
Acres
4,177
SQFT
$898
$/SQFT
1947
Built
County:
Aroostook
Area:
Madawaska
Property Description
Investors take notice! Fantastic opportunity to own a large portfolio in Northern Maine. A total of 18 buildings throughout Caribou, Limestone, Madawaska, and Van Buren. 3 Commercial Spaces, 1 garage rental, and 77 residential units. All properties except for one multi-unit have public water and public sewer! In-town lots close to amenities and convenient travel for management. Many units are in great shape with cosmetic, roof, and boilers updates and some units need a little TLC to increase rental income. Lots of potential with this opportunity. Come check it out and make it yours today!
Exterior Features

Architectural Style Multi-Level Attached Garage YN No Construction Materials BrickOther Foundation Details BlockConcrete PerimeterBrick/Mortar Garage YN Yes Lot Features Corner LotLevelRolling SlopeSidewalksIntownNear Shopping Parking 5 - 10 SpacesOn SiteOn Street Parking Features 5 - 10 SpacesPavedOn SiteUndergroundOn Street Patio And Porch Features Porch Road Surface Type Paved Roof FlatMetal Water View No Waterfront YN No

Interior Features

Above Grade Finished Area 4177 Accessibility Features Level Entry Basement FullInterior EntryWalk-Out AccessUnfinished Below Grade Finished Area 0 Carpet Floors YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateCarpet Heating Multi-ZonesHot WaterBaseboard Heating YN Yes Laundry Features Washer Hookup

Property Features

Association YN No Electric Circuit Breakers Gross Income 443496 Heat Fuel Oil YN Yes Land Lease YN No Operating Expense 167092 Property Seasonal No Sewer Public Sewer Tax Annual Amount 5176 Tax Year 2022 Water Source Public Zoning Commercial

Maine Real Estate Information Systems logo Listing provided courtesy of The Dot Fernald Team, Inc.: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-02-24T10:50:53.403.
 
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The New England Real Estate Company
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Camden ME, 04843
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