Madison ME Multi Family for Sale
$168,000
221 Street Madison, ME 04950
- Type:
- Multi-Family
- Sq.Ft.:
- 1,855
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1940
- Baths:
- 2.00
- MLS#:
- 1592682
View additional info
Courtesy: Real Broker
207-272-3984
ADDITIONAL INFORMATION
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.
Madison Real Estate
The median home value in Madison, ME is $173,000. This is lower than the county median home value of $187,000. The national median home value is $338,100. The average price of homes sold in Madison, ME is $173,000. Approximately 58.95% of Madison homes are owned, compared to 18.52% rented, while 22.52% are vacant. Madison 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 Madison real estate agent to arrange a tour today!
Madison, Maine 04950 has a population of 4,711. Madison 04950 is less family-centric than the surrounding county with 15.58% of the households containing married families with children. The county average for households married with children is 23.54%.
The median household income in Madison, Maine 04950 is $44,307. The median household income for the surrounding county is $47,488 compared to the national median of $69,021. The median age of people living in Madison 04950 is 50.1 years.
Madison Weather
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 43.8 inches per year, with 75.3 inches of snow per year.