INVESTMENT OPPORTUNITY - PRICED TO SELL! Looking for an affordable investment property with plenty of potential? This versatile, fully vacant building presents an opportunity for investors, entrepreneurs, or buyers looking for a property they can make their own! The second floor features a two-bedroom apartment with an additional room currently used for laundry that could potentially serve as a third bedroom. The apartment has benefited from renovations, including an updated bathroom approximately four years ago. The main level previously operated as a hair salon and still features the hair-washing stations and existing plumbing, along with a break room and bathroom. This space could potentially be reopened as a salon, repurposed for another business, or converted into an additional residential unit, subject to necessary permits and approvals. With the entire building currently vacant, the next owner has the flexibility to begin planning renovations or improvements without having to work around existing tenants. The property has been priced accordingly to reflect known structural issues with the foundation, making this an opportunity for buyers prepared to address the necessary repairs. Whether you're looking to establish a business, create rental income, or renovate for future investment potential, this property is worth a look. Bring your ideas and explore the possibilities!
Listed By
Agency Name: NextHome Discover
Agency Phone: 207-762-6398
Shown By
Agent Name: Dylan Armstrong
Agent Phone: (207) 441-6095
Agency Title: Sprague and Curtis Real Estate
Estimated Payment
$ 231.36 per month $111.06 Principal & Interest $105.75 Property Tax $14.55 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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445 Main Street | MLS# 1685997
This multi-family property located at 445 Main Street , Madawaska, ME 04756 is currently listed for sale with an asking price of $49,900. Search Madawaska real estate on darmstrong.spragueandcurtis.com today.