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Bean Group
Offered at $169,000Active
beds
4
baths
3
sq ft
1,530
Built
1900

7 Gray Street

Madison, ME 04950

About this home

13154 - In-town Madison location with a large lot and three-unit configuration offering excellent potential. The property includes two one-bedroom efficiency units and a spacious two-bedroom unit on the second level. All units feature electric heat. Currently vacant and ready for some TLC, this property presents an opportunity to bring your vision and updates to a multi-unit investment. Separate driveways provide added convenience, with the possibility of creating additional parking in the rear. Priced accordingly and being sold in "as is" condition.

Listing last checked: Listing updated:

Listed by Listing Agent · Allied Realty · MLS #1680539

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Details at a glance

Interior5 property facts
Rooms
8
Heating
Electric, Other
Cooling
None
Flooring
Carpet, Vinyl
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1900
Garage
0
Foundation
Block
Roof
Shingle
Land & utilities4 property facts
Lot size
0.21 acres
Water
Public
Sewer
Public Sewer
Zoning
Residential
Financial2 property facts
Annual taxes
$2,357
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $169,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,051 / monthAdjust
Principal & interest
$855
Property tax
$196
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,357. 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 7 Gray Street

Can I request a private showing?

Request a tour of 7 Gray 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.