22-24-25 Martins Drive

Madison, ME 04950

MLS ID# 1530319 Closed
Single Family Residence

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Closed $266,000

3 beds

3 baths

0 Garage

1431 sqft

114 acres

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details
• Rooms

Description

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. 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 M... show more

Location Information

• Street # 22-24-25
• Street Name Martins
• Street Type Drive
• County Somerset
• Town Madison
• State/Province ME
• Zip Code 04950
• Zip +4 4400
• Leased Land No
• Book 3634
• Page 39
• Map 012
• Block 003
• Lot 002
• Zoning Residential
• Zoning Overlay No
• Tax ID 22,24,25MartinsDrMadisonME04950
• Association No
• School District RSU 59/MSAD 59
• Full Tax Amount 2377.01
• Tax Year 2021
• HERS Certified No

Property Information

• Surveyed No
• Seasonal No
• Short Sale Continue to Show No
• Deed/Conveyance Type Offered Warranty
• Deed Partial
• Deed Restrictions Yes
• Bank Owned REO No
• 2 Detached Houses on 1 Lot Yes
• # Bedrooms 3
• # Fireplaces 0
• # Full Baths Basement 0
• # Half Baths Basement 1
• # Full Baths Level 1 1
• # Half Baths Level 1 1
• # Full Baths Level 2 0
• # Half Baths Level 2 0
• # Full Baths Level 3 0
• # Half Baths Level 3 0
• # Full Baths Upper 0
• # Half Baths Upper 0
• Total Full Baths 1
• Total Half Baths 2
• Total Baths 3
• Color Tan
• Year Built 1997
• SqFt Finished Above Grade 1267
• SqFt Finished Below Grade 164
• SqFt Finished Total 1431
• SqFt Source Seller
• Garage No
• Garage Spaces 0
• Lot Size Acres +/- 114
• Source of Acreage Seller
• Acreage Other Source Deed
• Road Frontage No

Compensation & Misc Info

• Buyer Agency 2.4%

Directions

Maine Route 43 to River Road Madison. Approximately 3.5 miles to Martins Drive on the right. GPS Wrong. Martins Drive is approximately 200 yards further than Google GPS location suggests.

Details

• Site

  Pasture/Field, Right of Way, Rolling/Sloping, Wooded

• Roads

  Gravel/Dirt, Private, Right of Way

• Water Info

  No Water Frontage, No Water View, No Island

• Recreational Water

  Nearby, River/Brook/Stream

• View

  Fields, Trees/Woods

• Appliances Included

  Dryer, Electric Range, Refrigerator, Washer

• Kitchen Countertop

  Formica, Other

• Style

  A-Frame, Ranch

• Construction

  Wood Frame

• Basement

  Bulkhead, Full

• Basement Entry

  Bulkhead

• Foundation Materials

  Poured Concrete, Slab

• Roof

  Other, Shingle

• Exterior

  Vinyl Siding

• Heat System

  Forced Air

• Heat Fuel

  Oil

• Water Heater

  Electric, Off Heating System

• Cooling

  None

• Floors

  Carpet, Laminate, Other, Tile, Vinyl

• Amenities

  Bathtub, One-Floor Living, Shower

• Accessibilitiy Amenities

  32 - 36 Inch Doors

• Equipment

  Internet Access Available

• Driveway

  Common, Gravel

• Parking

  5 - 10 Spaces

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Gas

  No Gas

• Sewer

  Private Sewer, Septic Existing on Site

• Water

  Other, Private

• Sold Info

  Buyer's Zip Code:04072, Appraiser:010544, Appraiser Name:Russell Barrows, Appraiser Phone Number:207-536-7372, Appraiser Email Address:[email protected]

• Sold Terms

  Conventional

• Sold Terms Other

  Not Applicable

Rooms (5)

Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room,