What an opportunity for an investor to start fresh! This is your chance to build wealth with a cash flowing 6 unit with 4 out of the 6 units vacant. Now is your chance to choose your new tenants at current market rents. With a good variety of unit sizes - 2 two bedroom units, 2 one bedroom units, and 2 third floor studios - these units will not stay empty long. A low maintenance property with vinyl siding, newer roof, newer propane monitor heaters in 4 units, replacement windows, and a state-approved lead abatement order recently completed. There is adequate parking in the back of the property which is within walking distance to downtown and a short drive to major employers such as Pratt and Whitney, Hussey Heating, and Hannaford for shopping.
Closed
$495,000
76 Madison Street, North Berwick, ME 03906
8beds
2,730sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$181/sqft
$3,947 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 11, 2025 at 07:09pm
Listed by:
Keller Williams Coastal and Lakes & Mountains Realty
Bought with:
Bean Group
Source: Maine Listings,MLS#: 1536455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Direct Vent Heater, Zoned
Cooling
- None
Features
- 1st Floor Bedroom, Attic, Bathtub
- Flooring: Carpet, Laminate, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,730
- Total interior livable area: 2,730 sqft
- Finished area above ground: 2,730
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 11 - 20 Spaces, On Site, Off Street
Features
- Patio & porch: Porch
Lot
- Size: 10,018 sqft
- Features: City Lot, Near Golf Course, Near Shopping, Level, Open Lot
Details
- Parcel number: NBERM018L044
- Zoning: Village A, B, C
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: North Berwick
Other
Other facts
- Road surface type: Paved