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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
Year Built 1930
Annual Tax Amount $1,943
Tax Year 2022
Lot Size 0.820 Acres
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
Interior
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
Building
Lot Description Other Location,Corner Lot,Sidewalks,Near Shopping,Near Town,Neighborhood,Retail Strip
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame