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327 Shusta Road

Madison, ME 04950
  • $1,650,000
  • STATUS: Active
  • MLS #: 1575141
UPDATED: 57 min ago
$1,650,000
  • 0
    BEDS
  • 7.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,884
    SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

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Description

Introducing an exceptional investment opportunity in Madison, Maine - a stunning 27-bedroom rooming house situated on an expansive 7.5-acre property. This income-generating property is a testament to exceptional cash flow and low expenses, making it a savvy choice for investors seeking substantial returns. With a total of 27 well-appointed bedrooms, this rooming house offers a consistent and lucrative income stream. The expansive 7.5-acre lot not only adds to the property's allure but also provides room for potential expansion or other future developments. The low operational costs and high occupancy rates ensure that your investment remains profitable, while the scenic surroundings and the charm of Madison, Maine, make it an enticing prospect for both investors and residents. Don't miss this opportunity to acquire a property that combines financial stability with the potential for growth and long-term success.

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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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-12-05T06:47:40.07.
www.thenewenglandreco.com/homes/144471464
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327 Shusta Road Madison, ME 04950

  • Price: $1,650,000
  • Status: Active
  • On Site: Days
  • Updated: 57 min ago
  • MLS #: 1575141
0
Beds
0
Baths
0
½ Baths
7.5
Acres
8,884
SQFT
$186
$/SQFT
1960
Built
Neighborhood:
Madison
County:
Somerset
Area:
Madison
Property Description
Introducing an exceptional investment opportunity in Madison, Maine - a stunning 27-bedroom rooming house situated on an expansive 7.5-acre property. This income-generating property is a testament to exceptional cash flow and low expenses, making it a savvy choice for investors seeking substantial returns. With a total of 27 well-appointed bedrooms, this rooming house offers a consistent and lucrative income stream. The expansive 7.5-acre lot not only adds to the property's allure but also provides room for potential expansion or other future developments. The low operational costs and high occupancy rates ensure that your investment remains profitable, while the scenic surroundings and the charm of Madison, Maine, make it an enticing prospect for both investors and residents. Don't miss this opportunity to acquire a property that combines financial stability with the potential for growth and long-term success.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Parking 21+ SpacesGarageOn Site Roof Metal

Interior Features

Basement Unfinished Heat Fuel Oil Heat System BaseboardHot Water

Property Features

Building Features Fire SystemInternet Access Available Electric Circuit Breakers Full Tax Amount Amount 7235.00 Leased Land No Location Rural Property Uses CommercialHotel/Motel Sewer Private Sewer Surveyed Unknown Tax Year 2022 Water Private Zoning Res Ru

Maine Real Estate Information Systems logo Listing provided courtesy of Hearth & Key Realty: 207-203-6579.

© 2023 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.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-12-05T06:47:40.07.
 
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