$440,000
PENDING

69 Main St Madison, ME 04950

Estimated payment $2,434/month

Total Views 613
-- Bed
9 Baths
4,400 Sq Ft
$100 Price per Sq Ft

Highlights

  • Wood Flooring
  • Property is near shops
  • Baseboard Heating
  • Double Pane Windows
  • Forced Air Heating System
  • Wood Siding

About This Home

Income Property! Here is a 9 (expandable to 10) family apartment building with many updates already done. Good rental history, and plenty of parking out back. Natural Gas under sidewalk in front of building if that is your preferred method of heating and cooking but with the low cost of Madison Electric, maybe you have more options available. Close walk to shopping. Will need a 24 hour advanced notice to show.

Listing Agent

Aaron Bolster

Allied Realty Listed on: 04/26/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 4,400 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Laundry on upper level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number MADN-000019-000000-000075

Community Details

Overview

  • 9 Units

Pet Policy

  • Pet Size Limit

Building Details

  • Operating Expense $11,010
  • Gross Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,183

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Pending
  • Directions: East of Reny's Department Store in Madison with owned driveway between. See attached maps to show exact location.
  • Above Grade Finished Sq Ft: 4400.0
  • Architectural Style: Other
  • Garage Yn: No
  • Efficiency: Water Heater
  • Building Stories: 3
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 100.0
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Doghouse, Interior Entry, Full, Unfinished
  • Full Bathrooms: 9
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood, Hardwood
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Business District, Intown, Other, Right of Way, Sidewalks
  • Waterfront Features: Nearby, Public, River/Brook/Stream
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding, Wood Siding
  • Foundation Details: Stone, Granite, Poured Concrete
  • Roof: Flat, Membrane, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, Gravel, Paved, 5 - 10 Spaces, Off Street, On Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Oil, Pellets, Baseboard, Forced Air, Pellet Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Other Restrictions, Size Limit

Schools

  • Junior High Dist: RSU 59/MSAD 59

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: MADN-000019-000000-000075
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 82800.0
  • Annual Operating Expense: 11009.8

Tax Info

  • Tax Annual Amount: 1183.0
  • Tax Lot: 75
  • Tax Year: 2025

Map

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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
2025 $1,183 $82,700 $41,600 $41,100
2024 $1,024 $63,600 $32,100 $31,500
2023 $912 $54,600 $27,200 $27,400
2022 $961 $51,700 $21,600 $30,100
2021 $957 $49,300 $20,500 $28,800
2020 $1,018 $47,900 $20,500 $27,400
2019 $1,018 $47,900 $20,500 $27,400
2018 $1,030 $47,900 $20,500 $27,400
2017 $1,030 $47,900 $20,500 $27,400
2016 $1,659 $79,000 $20,500 $58,500
2015 $1,541 $79,000 $20,500 $58,500
2014 $1,541 $79,000 $20,500 $58,500
2013 $1,385 $79,000 $20,500 $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2026 05/14/26 Pending -- -- --
04/26/2026 04/26/26 For Sale $440,000 -- $100 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1659309

Maine Listings

APN: MADN M:019 L:075

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