$127,000
SOLD JUL 7, 2025

448 E Main St Madawaska, ME 04756

-- Bed
6 Baths
4,860 Sq Ft
0.31 Acres

Recently Sold

$26 Per Sq Ft

9% Below List Price

0 Day on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Baseboard Heating
  • Corner Lot

About This Home

As of July 2025

Fantastic Investment Opportunity!
This 6-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 room for future growth.

Last Agent to Sell the Property

Mindy Braley

NextHome Discover Listed on: 05/01/2025

NextHome Discover

Last Buyer's Agent

Mindy Braley

NextHome Discover Listed on: 05/01/2025

NextHome Discover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1944

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Open Lot
  • Sloped Lot

Home Design

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

Interior Spaces

  • 6 Full Bathrooms
  • 4,860 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Views of Woods

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number MADA-000003-000000-000025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,427

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: located on the left hand side of the road right before the Acadia Health Clinic
  • Above Grade Finished Sq Ft: 4860.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1944
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 28.7
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4860.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Water Heater:Oil2: Yes
  • Basement Entry:Exterior Only: Yes
  • Electric:Fuses: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Fantastic Investment Opportunity! This 6-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 room for future growth.
  • Levels:Multi-Level3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Laminate
  • Stories: 3

Exterior Features

  • Lot Features: Rolling/Sloping, Open, Corner Lot, Intown, Near Shopping, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 13503.6
  • Parcel #: MADA-000003-000000-000025
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2427.0
  • Tax Lot: 25
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2023
Sold by
Bonhomme John
Bought by
Sodacova Maine Inc
Current Estimated Value
$133,766
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Sold $127,000 -9.0% $26 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $139,500 -- $29 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

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 $2,427 $106,700 $18,900 $87,800
2021 $2,347 $106,700 $18,900 $87,800
2020 $2,438 $106,700 $18,900 $87,800
2019 $2,475 $106,700 $18,900 $87,800
2018 $2,155 $106,700 $18,900 $87,800
2017 $2,102 $106,700 $18,900 $87,800
2016 $1,995 $106,700 $18,900 $87,800
2015 $1,985 $106,700 $18,900 $87,800
2014 $1,857 $106,700 $18,900 $87,800
2013 $1,910 $106,700 $18,900 $87,800
Source: Public Records

Agents Affiliated with this Home

  • Mindy Braley

    Seller's Agent in 2025

    Mindy Braley

    NextHome Discover

    (207) 728-7069

    136 in this area

    220 Total Sales

    Mindy Braley
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1621049

Maine Listings

APN: MADA-000003-000000-000025

Maine Aroostook County Madawaska 04756

448 E Main St, Madawaska, ME

Sold

MultiFamily

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