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  • $266,000

    22-24-25 Martins Drive, Madison, ME 04950

    3beds
    1,431sqft
    Single Family Residence
    Built in 1997
    114 Acres lot
    $319,900 Zestimate®
    $186/sqft
    $-- HOA

    What's special

    Are you looking for a property that you can use seasonally but provides steady income year round? Are you an investor looking to expand your portfolio? Do you just want to get away from it all and live on a private road in the woods? Welcome to Martins Drive. A beautiful property with flexible options and many possibilities. This property generates income from 3 types of rental units. A 3 bedroom, 2 1/2 bath house, a large 14x70 foot mobile home and a leased lot. All currently tenant occupied. Each has it's own full septic system and electric meter. Live in one and lease the other 2 or lease all 3. Beyond the rentals there are over 100 acres of uncut forest waiting for you to explore, hunt or enter into a forestry management plan. There is also a sand and gravel pit that can provide additional income or the materials you need to start building your dream home in the woods. This property is across the road from the Kennebec River and has direct access to ATV and Snowmobile trails. All of the pleasure and privacy of rural living, minutes away from the towns of Madison or Skowhegan. 24 Hours minimum notice required for showings. Martins Drive is private property.

    Zillow last checked: 7 hours ago

    Listing updated: January 11, 2025 at 07:08pm

    Listed by:

    Keller Williams Realty

    Bought with:

    Century 21 Venture Ltd.

    Source: Maine Listings,MLS#: 1530319MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Washer, Refrigerator, Electric Range, Dryer
    • Laundry: Laundry - 1st Floor, Main Level, Washer Hookup
    Features
    • 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Primary Bedroom w/Bath
    • Basement: Bulkhead,Full,Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 1,431
    • Total interior livable area: 1,431 sqft
    • Finished area above ground: 1,267
    • Finished area below ground: 164

    Property

    Parking
    • Parking features: 5 - 10 Spaces, Gravel, Common
    Accessibility
    • Accessibility features: 32 - 36 Inch Doors
    Features
    • Has view: Yes
    • View description: Fields, Trees/Woods
    Lot
    • Size: 114 Acres
    • Features: Right of Way, Rolling Slope, Wooded, Pasture, Near Town, Rural
    Details
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: A-Frame,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Concrete Perimeter, Slab
    • Roof: Other,Shingle
    Condition
    • Year built: 1997

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer, Septic Existing on Site
    • Water: Other, Private

    Community & neighborhood

    Location
    • Region: Madison

    Other

    Other facts
    • Road surface type: Gravel
    Services availability
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