Courtesy: NextHome Discover
207-762-6398
Excellent investment opportunity or owner-occupant property! This well-maintained two-unit multi-family home features a spacious 2-bedroom unit and a comfortable 1-bedroom unit, both of which are in excellent interior condition. The property has been well cared for and provides a solid foundation for generating rental income. The downstairs unit is occupied by a wonderful long-term tenant, offering immediate income potential and stability for the next owner. The building is solid and presents an excellent opportunity to build equity through improvements over time. Conveniently located in a desirable area close to shopping, restaurants, schools, and other local amenities, this property combines strong rental potential with a great in-town location. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property deserves a closer look.
Courtesy: RE/MAX County
207-769-2900
Opportunity meets affordability in the heart of Madawaska. This well-located two-unit property features two spacious 1-bedroom, 1-bath apartments, each with in-unit laundry for added convenience. Large rooms create a comfortable living space for tenants or an owner-occupant. Major updates include the roof, boiler, and electrical, helping reduce future maintenance concerns. A dry basement offers valuable storage space and added utility. Located downtown with easy access to shops, services, and local amenities. Live in one unit while the other helps offset your expenses, or add an affordable income-producing property to your portfolio. Low entry cost with solid potential.
Courtesy: NextHome Discover
207-762-6398
Prime Multi-Use Building in the Heart of Downtown Madawaska! Endless possibilities await with this versatile multi-use building situated in the bustling heart of downtown Madawaska! Whether you're an investor seeking strong income potential or an entrepreneur ready to establish your business, this property offers a prime location, ample space, and multiple revenue streams. The main level features over 850 sq. ft. of highly visible retail or commercial space with excellent downtown exposure and steady foot traffic. Ideal for retail, office space, café, or a variety of service-based businesses. Recently, the first level also underwent renovations including the addition of a brand-new 1-bedroom, 1-bathroom apartment at the rear of the building, creating even more income potential. This unit offers modern updates, its own heat pump, and separate utilities, allowing the tenant to pay their own heating and electricity costs. The upper levels include two additional residential units. The second floor offers a spacious 3-bedroom apartment perfect for owner-occupancy or rental income. The third floor features a cozy 1-bedroom unit with great rental potential. Additional features include a partially finished basement providing excellent dry storage space, as well as convenient rear garage door access for easy loading and unloading. Mixed-use zoning allows for flexible commercial and residential opportunities, making this an ideal property for investors or owner-operators alike. This property is a rare find in Madawaska's thriving downtown district--maximize your investment with multiple rental streams while operating your own business or leasing out the commercial space. Don't miss this unique opportunity! Contact me today for more details or to schedule your private showing.
Courtesy: Dobbs Realty
207-492-1300
Great investment opportunity with this multi-family building with commercial space. There are spacious apartments, office/retail space and garage space.
Courtesy: Dobbs Realty
207-492-1300
Three unit with the possibility of two more units with some work to the two in the back at #434.
Courtesy: Dobbs Realty
207-492-1300
Investment opportunity with a unique property. You get two buildings with frontage on two streets, both buildings have two units with two bedrooms each. Paved driveways and a garage comes with the 14th Ave unit.
Madawaska is located in Maine. Madawaska, Maine has a population of 3,874. Madawaska is more family-centric than the surrounding county with 23.8% of the households containing married families with children. The county average for households married with children is 23.53%.
The median household income in Madawaska, Maine is $42,296. The median household income for the surrounding county is $47,278 compared to the national median of $69,021. The median age of people living in Madawaska is 53 years.
The average high temperature in July is 75.1 degrees, with an average low temperature in January of -3.6 degrees. The average rainfall is approximately 37.1 inches per year, with 96.6 inches of snow per year.
