400 E Main Street, Madawaska, ME 04756
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
400 E Main Street,Madawaska, ME 04756
$149,900
- - Beds
- 2 Baths
- 2,600 sq. ft.
- Multi-family
- Active
Office: crown lakes realty
MLS#:1679725
Source:ME_MREIS
Price summary
- Price:$149,900
- Price per sq. ft.:$57.65
About this home
Also listed as MLS#1677210 & #1679792. A unique and versatile Main Street investment opportunity offering approximately 2,600 square feet across three finished levels, with excellent potential to create a strong multi-family property with multiple income-producing spaces. With its flexible layout, multiple entrances and highly visible location. The upper level features a nicely renovated one-bedroom apartment with an oversized living area, full kitchen, private laundry, and an updated modern bathroom with a custom walk-in tile shower. This comfortable and updated apartment is already well suited for rental income or owner occupancy. The first floor offers an exciting opportunity to create a second residential unit. With a separate entrance, welcoming front area, and four finished rooms, the space already provides a flexible foundation for an additional apartment. With the addition of a full bathroom and the appropriate improvements and approvals, this level could become an excellent second rental unit, creating the potential for two residential units within the property. The lower level adds even more usable finished space and includes a kitchenette and bathroom, offering additional flexibility for storage, recreation, workspace, studio use, or other potential uses. Depending on an investor's vision and applicable approvals, the lower level could further enhance the property's functionality and income potential. The Main Street location also provides an opportunity for a commercial component, making this property appealing to an investor interested in a combination of residential and professional or business use. The first floor could potentially accommodate office or studio space instead of residential use, providing flexibility to adapt the property to the needs of the market. If you're looking to expand an investment portfolio, create a two-unit residential property, live in one unit while generating rental income from another this is the one!...
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Home facts
- Year built:1926
- Listing ID #:1679725
- Updated:November 03, 2026 at 11:41 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:1
- Flooring:Carpet, Laminate
- Basement Description:Finished, Full, Interior Entry, Walk-Out Access
- Living area:2,600 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Heat Pump, Heating, Hot Water, Oil, Zoned
Structure and exterior
- Roof:Shingle
- Year built:1926
- Building area:2,600 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Business District, Corner Lot, Intown, Near Shopping, Rolling Slope, Sidewalks
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Poured Concrete
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$57.65
- Tax amount:$2,057 (2026)
Parking
- Parking description:1 - 4 Spaces, Attached Garage, Garage Door Opener, Inside Entrance, Off street, On Street, Paved
- Garage:Yes
- Garage spaces:1
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