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Bean Group
Offered at $20,000Active
beds
2
baths
1
sq ft
780
Built
1970

7 Elm Street

Medway, ME 04460

About this home

Bring your ideas and vision to 7 Elm Street in Medway! This 2-bedroom, 1-bath mobile home offers approximately 780 square feet of living space and is ready for someone willing to roll up their sleeves and bring it back to life. The home is situated on leased land with a lot rent of $300 per month. Inside, you'll find an eat-in kitchen, living room, dedicated laundry room, two bedrooms, and a full bath. Outside, a deck and storage shed provide additional space for enjoying the outdoors and storing tools, lawn equipment, and recreational gear. The home is in need of significant repairs and updating, making it an opportunity for a buyer looking for a renovation project, investment property, or an affordable place to make their own. Located in the small town of Medway, the property offers convenient access to nearby Millinocket for shopping, dining, and everyday amenities while putting you in the heart of Maine's Katahdin region. Outdoor recreation is abundant, with opportunities for ATV and snowmobile riding, fishing, hunting, hiking, boating, and exploring the beautiful North Maine Woods. Baxter State Park, Mount Katahdin, and Katahdin Woods and Waters National Monument are all within reach. If you're looking for an affordable property with potential and aren't afraid of a project, 7 Elm Street may be the opportunity you've been waiting for!

Listing last checked: Listing updated:

Listed by Listing Agent · NextHome Experience · MLS #1681977

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Details at a glance

Interior5 property facts
Rooms
5
Heating
Forced Air
Cooling
None
Flooring
Laminate, Vinyl
Fireplaces
0
Building5 property facts
Style
Mobile Home
Year built
1970
Garage
0
Foundation
Gravel/Pad
Roof
Metal
Land & utilities3 property facts
Water
Other, Well
Sewer
Other, Shared Septic
Zoning
Rural/Res
Financial3 property facts
Annual taxes
$165
Assessment year
2025
HOA fee
$300 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $20,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$115 / monthAdjust
Principal & interest
$101
Property tax
$14
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $165. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $300. The billing period was not supplied; confirm the monthly amount before adding it.

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 Elm Street

Can I request a private showing?

Request a tour of 7 Elm 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.