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Bean Group
Offered at $53,000Active
beds
4
baths
2
sq ft
2,106
Built
1940

586 Main Street

Madawaska, ME 04756

About this home

Now, NEW low price! Occassionally you'll come across a 'steal' in real estate and this might just be the property! A foreclosure, it is neat & tidy inside and out, with a large bright living room, large kitchen, and a large room that has been used as a 1st floor bedroom and also a dining room - you decide! The first floor also has a mudroom entrance, a storage room, and a large half bath with 1st floor laundry hookup! Upstairs offers 3 bedrooms and a full bath. There is an amazing deck on the rear of the home with dark cable railings, very modern! There is a full basement that can be accessed from inside or outside. Being offered at an affordable price to help offset unknowns that always accompany a foreclosure. Power is on (there are actually 2 meters & 2 bills). Water is off at the street & seller will not allow to be turned on. AS IS, Grab this one quickly! All bids must be submitted at the vrmproperties website Agents must register as a User, enter the property address, and click on 'Start Bid'. This property may qualify for Seller Financing (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists.

Listing last checked: Listing updated:

Listed by Listing Agent · Kieffer Real Estate · MLS #1658936

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Oil, Baseboard, Hot Water
Cooling
None
Flooring
Carpet, Laminate, Wood
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1940
Garage
0
Foundation
Stone
Roof
Shingle
Land & utilities4 property facts
Lot size
0.13 acres
Water
Public
Sewer
Public Sewer
Zoning
Urban
Financial2 property facts
Annual taxes
$1,293
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $53,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$376 / monthAdjust
Principal & interest
$268
Property tax
$108
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,293. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 586 Main Street

Can I request a private showing?

Request a tour of 586 Main Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.