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Madawaska,ME 04756
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 1,845 sqft
Price per Sqft $108
MLS Listing ID 1616395
Style Split Level,Other
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 1,845
Year Built 1930
Annual Tax Amount $1,943
Tax Year 2022
Lot Size 0.820 Acres
Acres 0.82
Source Maine Listings
Property Description
Unique Investment Opportunity - Income-Generating Property
with Commercial Garage! Prime Location in Madawaska, ME - Across from Tim Hortons! This versatile property offers an opportunity for a business owner, investor, or entrepreneur looking for a home, income stream, and commercial space—all in one!
Commercial Garage (2,000 Sq. Ft.) can be turned into more rental apartments. Ideal for a new business, workshop, or storage facility Two 14' roll-up doors for large vehicles, trucks, or equipment 220V power for heavy-duty operations Cement floor with floor drain for easy
maintenance New roof (3 years ago) for worry-free ownership High-visibility location across from Tim Hortons - strong foot & vehicle traffic Multi-Unit Residential - Current rental
Income but will be selling Unfurnished. One 3-bedroom unit & one 1-bedroom unit - already generating rental income Strong rental history - perfect for passive income or expansion. Live & Work on Site! Bonus 2-bedroom unit in the back, currently occupied by property
managers (who pay $650/month or work off rent by cleaning). Perfect for an owner occupant! Live in the 2-bedroom while running your business in the garage & managing rental income. Why This Property? Dual-income potential - commercial business +
rentals High-traffic location - prime exposure for businesses Flexible use - live, rent, or expand your business No zoning headaches - ready for multiple uses This is a rare, all-in one investment opportunity that offers multiple streams of income and a place to live, work,
and grow!
Location
State ME
County Aroostook
Zoning Residential
Rooms
Basement Interior,Brick/Mortar
Interior
Interior Features In-Law Apartment,1st Floor Bedroom,Attic,One-Floor Living,Storage
Heating Other Heat System,Heat Pump,Baseboard
Cooling Central Air
Flooring Vinyl,Carpet
Equipment Internet Access Available
Laundry Laundry - 1st Floor,Main Level,Washer Hookup
Exterior
Parking Features Storage Above,Heated,1 - 4 Spaces,Concrete,Paved,Common,On Site,Other,Detached
Garage Spaces 2.0
Utilities Available 1
View Y/N No
Roof Type Shingle
Porch Glass Enclosed,Porch,Screened
Garage Yes
Building
Lot Description Other Location,Corner Lot,Sidewalks,Near Shopping,Near Town,Neighborhood,Retail Strip
Sewer Public Sewer
Water Public
Architectural Style Split Level,Other
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil, Electric