105-107 10th Avenue

Madawaska, ME 04756

$219,900
Price
7
Beds
5
Baths
4,510 Sq. Ft.
$49 / Sq. Ft.
4,510
Sq. Ft.
$49
per Sq. Ft.

Description

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...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.
  1. Listed by Matthew Dechaine • Crown Lakes Realty

Property Details for 105-107 10th Avenue

Waterfront
No
ArchitecturalStyle
Other Style
Garage Spaces
1.00
Garage
Yes
Zoning
Mix
LISTING UPDATED: 08/28/2024 11:42 AM

Property Details for 105-107 10th Avenue

StatusActive
MLS #1590554
Days on Market179
Taxes$3,180 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1929
Lot Size0.13 AC / 5,662 SF
CountyAroostook County

Building Information for 105-107 10th Avenue

Stories-Residences4Year Built1929Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 105-107 10th Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1224
  • Directions: Turn onto 10th Avenue from Main Street. The buildings will be on your right.
  • Town: Madawaska
  • State/Province: ME
  • Zip Code: 04756
  • County: Aroostook
  • Geo Latitude: 47.35565
  • Geo Longitude: -68.327188
  • Tax Lot: 53
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
Parking
  • Parking Features: No Driveway, None, Inside Entrance, On Street
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 1120
  • Tax Map Number: 6
  • Tax Year: 2023
  • Parcel Number: MADA-000006-000000-000053
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,180.08
Property
Green Features
  • Energy Efficiency:Double Pane Windows: Yes
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4510.0
  • Lot Size Acres: 0.13
  • Source of Acreage: Public Records
  • Building Area Total: 4510.0
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Street Number: 105107
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:No Driveway: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Public Access, Property Disclosure Member Only, Lead Paint Addendum Member Only
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1929
Utilities
  • Electric: True
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Other Exterior, Wood Frame
  • Vehicle Storage:1 Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Roof: Shingle
  • Patio and Porch Features:Deck: Yes
Interior Features
  • Basement: Full, Interior Entry, Unfinished
  • Flooring: Tile, Laminate
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower, Primary Bedroom w/Bath
  • Cooling: Heat Pump
  • Heating: Stove, Heat Pump, Baseboard
  • Foundation Details: Concrete Perimeter
  • Accessibility Features: 32 - 36 Inch Doors
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Bathrooms Total (Integer): 5
  • Bathrooms Total (Decimal): 5.00
  • Bathrooms Total (Notational): 5.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $31,800.00
  • Operating Expenses: $12,112.00
Multi-Family Information
  • Number of Units: 4
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $450.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 2.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $650.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 2.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: No
  • Unit 3:Monthly Rent: $750.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: No
  • Unit 4:Level: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $800.00
  • Unit 4:# Full Baths: 2.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 5.00
  • Unit 4:# of Bedrooms: 3.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: No
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 105-107 10th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 105-107 10th Avenue

This home is within Madawaska Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Madawaska Elementary School
PublicPK to 6

Madawaska Middle/High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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105-107 10th Avenue is a multi-family home for sale in Madawaska, ME 04756. This property was listed for sale on May 21, 2024 by Crown Lakes Realty, it's currently listed at $219,900. This listing's school district is Madawaska Public Schools. Nearby schools include Madawaska Elementary School and Madawaska Middle/High School. 105-107 10th Avenue is a 7-bed, 5-bath, 4,510 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crown Lakes Realty

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.