Multi-Family for Sale: 221 Main Street, Madison, ME 04950

2 full baths
$168,000
$168,000
221 Main Street, Madison, ME 04950
2 full baths
$168,000
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Price:
$168,000
$2,000 - 10/07/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Farmhouse, Multi-Level
Total Baths 2 full baths
Square Feet 1,855 sqft
Lot Size 0.50 acres
Year Built 1940
Taxes Paid $2,064
City Madison
County Somerset
MLS 1592682
Status Active Under Contract
DOM 167 days
Back on the market to no fault of its own! This property has already been appraised, and it is listed below appraised value. Have you been looking for an amazing investment opportunity? Or maybe live in one unit and have your tenant pay most of your mortgage? If so, this great property could be the one you have been looking for. Both units are spacious 2 bedroom units and will be vacant at closing. There is also a nice two car garage with storage above for potential extra income. Outside on your very large intown lot, you will notice plenty of yard space for outdoor activities which you or your tenants will love. Located in a prime location in between the school and Hannaford and walking distance to downtown and the Kennebec River for boating, swimming, and fishing. Only 15 minutes to Skowhegan and 30 minutes to Waterville and Farmington.

Room Features

Basement Description Finished, Interior Entry

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $2,064

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 4
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 5

Price History of 221 Main Street, Madison, ME

Date Name Price Difference
10/07/2024 Price Adjustment $168,000 1.18%
09/25/2024 Price Adjustment $170,000 2.86%
06/09/2024 Listing Price $175,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Altona Kercher
Direct: 603-275-0516
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Real Broker, Corey Lee 207-272-3984
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1.2285714285714%
6.75%
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221 Main Street (MLS #1592682) is a farmhouse, multi-level multi-family listing located in Madison, ME. This multi-family listing is 1,855 sqft and on a lot of 21,780 sqft (or 0.50 acres) and is 84 years old. This property was listed on 06/09/2024 and has been priced for sale at $168,000.

Nearby zip codes are 04911, 04938, 04957 and 04958. This property neighbors other cities such as Anson, Industry, Norridgewock and Starks.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Real Broker

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.