$139,500
UNDER CONTRACT $140K PRICE DROP

352 St Thomas St Madawaska, ME 04756

Estimated payment $856/month

Total Views 13
-- Bed
7 Baths
4,680 Sq Ft
$30 Price per Sq Ft

Highlights

  • No HOA
  • Open Lot
  • Carpet
  • Forced Air Heating System

About This Home

Fantastic Investment Opportunity!This 7-unit multifamily building offers strong rental income potential and is perfect for investors looking to expand their portfolio. Featuring a mix of spacious units, off-street parking, and a convenient location, this property has room for future growth.

Listing Agent

Mindy Braley

NextHome Discover

NextHome Discover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7 Full Bathrooms
  • 4,680 Sq Ft Home
  • Multi-Level Property
  • Fireplace Features Blower Fan

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Garage
  • Basement Garage
  • Driveway
  • Assigned Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number MADA-000006-000000-000113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$896

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Active Under Contract
  • Directions: head up Legion St and this is the big grey building on the left hand side at the end of the road.
  • Above Grade Finished Sq Ft: 4680.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1947
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 4680.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Heat Fuel:Electric: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 7
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Water Heater:Oil2: Yes
  • Heat System:Blowers: Yes
  • Basement Entry:Exterior Only: Yes
  • Electric:Fuses: Yes
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Exterior Only, Unfinished
  • Full Bathrooms: 7
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Sidewalks, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Other Exterior, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement, Assigned, 5 - 10 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Blowers
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: MADA-000006-000000-000113
  • Zoning: residential

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 896.0
  • Tax Book Number: 2297
  • Tax Lot: 65
  • Tax Map Number: 6
  • Tax Year: 2022

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,983 $131,100 $15,100 $116,000
2021 $2,884 $131,100 $15,100 $116,000
2020 $2,996 $131,100 $15,100 $116,000
2019 $3,042 $131,100 $15,100 $116,000
2018 $2,648 $131,100 $15,100 $116,000
2017 $2,583 $131,100 $15,100 $116,000
2016 $2,452 $131,100 $15,100 $116,000
2015 $2,438 $131,100 $15,100 $116,000
2014 $2,281 $131,100 $15,100 $116,000
2013 $2,347 $131,100 $15,100 $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $279,000 -- $60 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Closed $100,000 New Conventional
Previous Owner $104,000 Purchase Money Mortgage
Previous Owner $23,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1621039

Maine Listings

APN: MADA-000006-000000-000065