111 4th Ave Madawaska, ME 04756
Estimated payment $499/month
Highlights
- View of Trees or Woods
- Porch
- Baseboard Heating
- No HOA
- Cooling Available
About This Home
Charming 2-Unit Multifamily in the Heart of Madawaska! This well-maintained 2-unit multifamily property is perfectly situated close to all that Madawaska has to offer—shopping, medical facilities, restaurants, and more! One unit has been extensively remodeled, featuring new flooring, updated interior doors, a fresh bathroom vanity, and a new toilet. The beautiful wood stairway adds character and warmth to the space. The second unit has a long-term tenant in place, providing immediate rental income, while the vacant unit is move-in ready or available to rent for added investment potential. Whether you're looking for an owner-occupied opportunity or a turnkey investment, this property offers flexibility and convenience. Don't miss out—schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,019
Year Built
- Built in 1931
Home Design
- Shingle Roof
Interior Spaces
- 2 Full Bathrooms
- 1,296 Sq Ft Home
- Laminate Flooring
- Views of Woods
Utilities
- Cooling Available
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Porch
- 6,534 Sq Ft Lot
Listing and Financial Details
- Tax Lot 125
- Assessor Parcel Number MADA-000003-000000-000125
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $8,890
- Gross Income $11,440
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2022 | $1,019 | $44,800 | $5,400 | $39,400 |
| 2021 | $986 | $44,800 | $5,400 | $39,400 |
| 2020 | $1,024 | $44,800 | $5,400 | $39,400 |
| 2019 | $1,039 | $44,800 | $5,400 | $39,400 |
| 2018 | $905 | $44,800 | $5,400 | $39,400 |
| 2017 | $883 | $44,800 | $5,400 | $39,400 |
| 2016 | $838 | $44,800 | $5,400 | $39,400 |
| 2015 | $833 | $44,800 | $5,400 | $39,400 |
| 2014 | $780 | $44,800 | $5,400 | $39,400 |
| 2013 | $802 | $44,800 | $5,400 | $39,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | Pending | -- | -- | -- |
| 10/16/2025 10/16/25 | For Sale | $79,900 | -- | $62 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $23,200 | Commercial | |
| Closed | $19,200 | Commercial | |
| Previous Owner | $24,000 | Commercial |
Source: Maine Listings
MLS Number: 1641025
APN: MADA-000003-000000-000125
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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