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22 24 25 Martins Drive

Madison, ME 04950

3 beds
3 baths
1,431 sqft
~114 acre lot
$185 per sqft
1997 build
– on site

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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.

Listing courtesy of MREIS / Keller Williams Realty

Last checked: Checking… • Last updated Dec 15, 2023 •

MLS# 1530319 —

The Building

Year Built:

1997
Construction Materials:

Vinyl Siding, Wood Frame
Roof:

Other, Shingle
Basement:

Bulkhead, Full, Exterior Entry
Direction Faces:

None
Window Features:

None
Building Features:

None
Accessibility Features:

32 - 36 Inch Doors
Building Area Total:

1431.0
Building Area Source:

Seller

Interior

Rooms Total:

5
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Lot Features:

Right of Way, Rolling Slope, Wooded, Pasture, Near Town, Rural
Lot Size:

4,965,840 Sqft
Lot Size Area:

114.0
Lot Size Acres:

114.0
Lot Size Units:

Acres
Lot Size Source:

Seller
Lot Size Dimensions:

None
Zoning:

Residential
Property Attached:

No
View:

Fields, Trees/Woods
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

false
Road Surface Type:

Gravel
Road Frontage Type:

Private
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Annual Amount:

$2,377.01

Beds

Bedrooms Total:

3

Baths

Bathrooms Full:

1
Bathrooms Three Quarter:

None
Bathrooms Half:

2
Bathrooms Partial:

None
Bathrooms One Quarter:

None

The Listing

Buyer's Brokerage Compensation:

2.4000

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Utilities:

None
Electric:

Circuit Breakers
Sewer:

Private Sewer, Septic Existing on Site
Water Source:

Other, Private

Appliances

Appliances:

Washer, Refrigerator, Electric Range, Dryer

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None
High School District:

RSU 59/MSAD 59

The Community

Spa Features:

None
Pool Private:

No
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport Spaces:

None
Parking Features:

5 - 10 Spaces, Gravel, Common

Explore the Area

My Commute

From

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$359/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
2/15/23 Feb 15, 2023	Sold	MREIS	$266,000

House Sold on 2/15/2023

$266,000

Listing provided by broker:

Byrne Wright

Keller Williams Realty

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Listing Provided Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

22 24 25 Martins Drive

Madison, ME 04950