22-24-25 Martins DriveMadison, ME 04950MLS Number 1530319

  • Sale Price: $266,000
  • 108 Days Since Sale
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
22-24-25 Martins Drive Madison ME 04950
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  • 3Bedrooms
  • 3Bathrooms
  • 1,431Square Feet
  • 114Acreage
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.
Listed by Keller Williams Realty

Sold by Century 21 Venture Ltd.

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Hearth & Home Realty
Hearth & Home Realty
Office: 207-696-4247
274 Main St
Madison, ME 04950

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More Info

Basic Information

  • Documents Available Property Disclosure Public Access, Lead Paint Addendum Public Access, Deed Public Access, Plot Plan Public Access

Basic Information

  • Agent ID022590
  • Broker ID3054
  • Broker NameKeller Williams Realty
  • List Price$299,700
  • LocationTypeNear Town, Rural
  • MLS Number1530319
  • Modification Date02/15/2023
  • Property SubTypeSingle Family Residence
  • Sale Date02/15/2023
  • Sale Price$266,000


  • Building Area SourceSeller
  • Lot Size SourceSeller
  • Road FrontageGravel/Dirt, Private, Right of Way
  • View Fields, Trees/Woods

Property Information

  • Acreage114
  • Lot Features
    • Near Town
    • Pasture
    • Right of Way
    • Rolling Slope
    • Rural
    • Wooded
  • Lot Size Area 114
  • Lot Size Square Feet 4,965,840
  • Lot Size Units Acres
  • Site Pasture/Field, Right of Way, Rolling/Sloping, Wooded
  • Square Feet1,431


  • Date Listed05/31/2022
  • Recreational Water Nearby, River/Brook/Stream
  • View Count23

Tax Information

  • Tax Book Number 3634
  • Tax Lot2
  • Tax Map Number 12
  • Tax Year 2021
  • Taxes$2,377


  • Address22-24-25 Martins Drive
  • Building Number22-24-25
  • CountySomerset
  • DrivewayCommon, Gravel
  • Latitude44.863826
  • Longitude-69.857057
  • StateME
  • StreetMartins Drive
  • TownMadison
  • Zip04950


  • Flooring Carpet, Laminate, Other, Tile, Vinyl
  • Interior Features 1st Floor Bedroom,1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower,32 - 36 Inch Doors, Primary Bedroom w/Bath


  • Amenities
    • Bathtub
    • Laundry - 1st Floor
    • Laundry - Hookup
    • One-Floor Living
    • Primary Bedroom w/Bath
    • Shower
  • Appliances IncludedDryer, Electric Range, Refrigerator, Washer
  • Mls StatusClosed
  • Other AmenitiesBasement, Fireplace


  • Number of Photos14


  • Parking Features 5 - 10 Spaces, Gravel, Common


  • Bathroom3
  • Bedrooms3
  • Full Bath1
  • Half Baths2


  • Above Grade Finished Area 1,267
  • BasementBulkhead, Full, Exterior Entry
  • Below Grade Finished Area 164
  • Building ConstructionVinyl Siding, Wood Frame
  • FoundationConcrete Perimeter, Slab
  • Garage Spaces
  • Property StyleA-Frame, Ranch
  • Rooms5
  • Year Built1997


  • Exterior Vinyl Siding
  • RoofOther, Shingle


  • Electric Circuit Breakers
  • Heat SystemForced Air, Oil
  • Heating FuelOil
  • Heating YN Yes
  • Laundry Features Laundry - 1st Floor, Main Level, Washer Hookup
  • Sewer Private Sewer, Septic Existing on Site
  • Utilities Internet Access Available
  • Water HeaterElectric, Off Heating System
  • Water Source Other, Private

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