Madawaska ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
5,477
Status:
Active
Beds:
n/a
Lot size:
2.5 Acres
Year built:
1925
Baths:
5.00
MLS#:
1605542

ADDITIONAL INFORMATION

Welcome to a unique opportunity to own a thriving restaurant and charming 5-room guest house in the heart of Madawaska. This turn-key property is ideal for entrepreneurs and investors looking to step into an established business with immediate revenue potential. The fully equipped restaurant includes all essential kitchen appliances, dining furniture, and furnishings, enabling you to start operations seamlessly from day one. With a strong local reputation for quality cuisine and excellent service, the restaurant already enjoys a loyal customer base, attracting both residents and visitors. Located in a high-traffic area with great visibility, this restaurant benefits from consistent foot traffic, maximizing its income potential. Additionally, the delightful 5-room guest house offers a cozy and private retreat for visitors, each room thoughtfully furnished with its own kitchenette, private entrance, and covered porch. This guest house not only provides a relaxing experience for travelers but also serves as a valuable additional income stream. Set on 2.5 acres, the property includes ample parking to comfortably accommodate both restaurant patrons and guest house visitors. With the hospitality industry thriving, owning this restaurant and guest house combination offers diverse income possibilities and incredible growth potential. Whether you're an aspiring restaurateur looking for a turn-key operation or an investor seeking multiple revenue streams, this property presents the perfect blend of opportunity and charm! Also listed under 1605531

Type:
Multi-Family
Sq.Ft.:
2,234
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1948
Baths:
2.00
MLS#:
1605015

ADDITIONAL INFORMATION

Welcome to 165 Pleasant Ave, this charming home boasts 3 bedrooms and 2 bathrooms with an in-law apartment on the second floor! It is great a space for when family is in town or rented out for extra income. This home includes a newer heating system ensuring your comfort all year round. With great curb appeal and an attached garage this house is not only convenient but also visually appealing. With a large garage, full basement, and outside shed this home offers plenty of stage space. And the best part? It's right in town giving you easy access to all the amenities and activities the area has to offer!

Type:
Multi-Family
Sq.Ft.:
1,969
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1926
Baths:
1.00
MLS#:
1604329

ADDITIONAL INFORMATION

Welcome to this beautifully renovated office building, offering a unique blend of professional workspaces and residential amenities. The office portion features four separate offices, perfect for a variety of business uses. Upon entry, you'll find a welcoming waiting room and receptionist area, creating an inviting first impression for clients and visitors. There's a dedicated space for photocopiers and supplies to keep your operations running smoothly. Downstairs, the basement offers a full kitchen, ideal for break times, and a comfortable seating area, as well as a convenient bathroom for office use. The upstairs residential area provides flexibility with two bedrooms, or one bedroom and a laundry room, depending on your needs. A spacious living room and a fully equipped kitchen make this a cozy and functional living space, offering the perfect work-life balance. An attached garage (23x17) in the rear adds additional convenience, offering ample storage or parking. This versatile property is currently in use, but will be available for occupancy by the end of 2024. Don't miss this exceptional opportunity to own a dual-purpose space in a prime location! Also listed under 1601321

Type:
Multi-Family
Sq.Ft.:
1,702
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1937
Baths:
2.00
MLS#:
1601846

ADDITIONAL INFORMATION

This multi-family building, situated right in the heart of town, offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Conveniently located close to everything, this property is ideal for tenants seeking easy access to local amenities. The home also includes a one-car attached garage, providing added convenience and storage. With both units fully rented, this property presents an excellent investment opportunity for those looking to generate steady rental income in a prime location. Don't miss out on this turnkey investment—schedule your viewing today!

Type:
Multi-Family
Sq.Ft.:
1,496
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1930
Baths:
2.00
MLS#:
1601641

ADDITIONAL INFORMATION

Nestled on a private dead-end street in a beautiful area of Madawaska, this charming multi-family two-unit building offers an exceptional opportunity for both investors and homeowners alike. Each spacious unit features 3 bedrooms, making it ideal for families or tenants seeking comfort and convenience. Recent upgrades include a brand-new shingled roof completed in 2024, new rear siding, and fresh flooring in key areas, adding modern touches throughout the home. Both units come fully equipped with all necessary appliances, including washers and dryers, making this property truly move-in ready. The 1st-floor unit even boasts a beautiful three-season sunroom, perfect for year-round relaxation. This property is an excellent investment opportunity or a perfect home for those seeking additional rental income, all while enjoying the privacy and tranquility of its quiet, private location. Don't miss out on this rare opportunity in Madawaska—schedule your showing today!

Type:
Multi-Family
Sq.Ft.:
4,510
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1929
Baths:
5.00
MLS#:
1590554

ADDITIONAL INFORMATION

*Motivated Seller!* Great income producing property in downtown Madawaska. Two separate buildings on one lot and deed, for a total of four units. One three bedroom two bathroom home, two one bedrooms units, and one two bedroom unit. The units are in great shape, both the tenants and the landlord have taken great care of them. There is an opportunity to increase the rent to be closer to market rate. Parking is nearby, with two public parking lots and an agreement for a private lot. Close to all amenities in downtown Madawaska. Great numbers, take a look and give us a call to discuss your new investment.

Type:
Multi-Family
Sq.Ft.:
2,494
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
2006
Baths:
2.00
MLS#:
1587619

ADDITIONAL INFORMATION

Here is your chance to own a piece of Heaven on Long Lake! This is a duplex, with one two bedroom unit on the ground floor and one one bedroom unit on the second floor. Great potential for rental income as you live in one unit and rent out the other; or simply an in-law suite for relatives. Access between the two is through the heated, oversized two car garage with 10 foot overhead doors. It offers ample storage and a workbench while a wood stove helps to reduce oil usage. The garage offers a glimpse of the home's 'overbuilt' construction via the large metal beams overhead that carry the second floor. Those who desire privacy will appreciate the tree lined borders of the lot which stretch from the road to the shoreline. Located just 20 minutes from Madawaska, 10 from St Agatha, and right near the Long Lake Bar and Grill and Golf Club, and easily accessible from ATV and snowmobile trails. Call for more info today.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.



Madawaska Real Estate

The median home value in Madawaska, ME is $162,500. This is higher than the county median home value of $157,200. The national median home value is $338,100. The average price of homes sold in Madawaska, ME is $162,500. Approximately 57.82% of Madawaska homes are owned, compared to 12.53% rented, while 29.64% are vacant. Madawaska real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madawaska real estate agent to arrange a tour today!

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.

Madawaska Weather

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.

Madawaska Real Estate Market Conditions

  • Median sales price

    $162,500
    19.8% change since last quarter
  • # Active listings

    56
    30-day change

Madawaska Schools and Demographics

Education near Madawaska, ME

Metric City County
High School Graduates 89.66 90.37
College Degree - 2 year 10.84 11.38
College Degree - 4 year 22.84 20.31
Graduate Degree 7.4 4.85
Expenditures per Student 17,923 17,923
Students per Teacher 11.9 11.9

Elementary Schools near Madawaska, ME

School Grades Students P/T Ratio ZIP
Connor Consolidated School PK - 06 34 7.4 04736
Dawn F Barnes Elementary School 01 - 08 35 7.1 04750
Fort Fairfield Elementary School PK - 05 280 14.1 04742
Hilltop Elementary School PK - 02 309 15.8 04736
Madawaska Elementary School PK - 06 218 11.2 04756
New Sweden Consolidated School PK - 08 63 9.3 04762
Teague Park School 03 - 05 221 11.8 04736
Woodland Consolidated School PK - 08 127 11.2 04736

Middle Schools near Madawaska, ME

School Grades Students P/T Ratio ZIP
Caribou Middle School 06 - 08 269 13.2 04736

High Schools near Madawaska, ME

School Grades Students P/T Ratio ZIP
Caribou High School 09 - 12 444 14.4 04736
Fort Fairfield Middle/High School 06 - 12 252 10.6 04742
Madawaska Middle/High School 07 - 12 242 12.4 04756
ME School of Science & Mathematics 09 - 12 139 7.2 04750

Ungraded Schools near Madawaska, ME

School Grades Students P/T Ratio ZIP
Caribou Regionaltechnology Center UG - UG 0 0 04736
Limestone Community School PK - 12 233 10.8 04750

Demographics near Madawaska, ME

Metric City County
Neighborhood Type Small Town
Population 3,874 67,272
Population Density 70 10
Median Age 53 47.9
People per Household 2.1 2.3
Median Household Income 42,296 47,278
Average Income per Capita 26,057 28,682