$1,650,000

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327 Shusta Road, Madison, ME, 04950

327 Shusta Road, Madison, ME, 04950
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1960

8,884 sqft

Introducing an exceptional investment opportunity in Madison, Maine - a stunning 27-bedroom rooming house situated on an expansive 7.5-acre property. This income-generating property is a testament to exceptional cash flow and low expenses, making it a savvy choice for investors seeking substantial returns. With a total of 27 well-appointed bedrooms, this rooming house offers a consistent and lucrative income stream. The expansive 7.5-acre lot not only adds to the property's allure but also provides room for potential expansion or other future developments. The low operational costs and high occupancy rates ensure that your investment remains profitable, while the scenic surroundings and the charm of Madison, Maine, make it an enticing prospect for both investors and residents. Don't miss this opportunity to acquire a property that combines financial stability with the potential for growth and long-term success.

Status:

Active

Type:

Commercial

Zoning:

Res RU

Heating:

Hot Water, Baseboard

Basement:

Unfinished

Parking:

21+ Spaces, On Site

Acreage:

7.5

Est. Taxes:

$7,235

Construction

Vinyl Siding, Wood Frame

Lot Description:

Rural

MLS #:

1575141

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Hearth & Key Realty 207-577-2851