8 Thomas St
Madison, Maine 04950
$380,000 - For Sale
4 Beds
4 Baths
2,500 SQ. FT.
.5 Acres
8 Thomas St
Madison, Maine 04950
$380,000 - For Sale
4 Beds
4 Baths
2,500 SQ. FT.
.5 Acres
Overview
All four units are 1-bedroom layouts, each offering private outdoor space with a balcony or patio. One interior unit remains in progress, and exterior improvements—including remaining siding, staircases, balconies, and railings—present an opportunity for a buyer to complete the final phase and add value. Rear stair components for the second-floor balconies have already been purchased and are ready for installation. The lot provides room for a future garage, and the property is not zoned, allowing flexibility for residential or commercial use (buyer to verify). An additional storage structure is included and conveyed as-is. Conveniently located near town amenities while maintaining a quiet neighborhood setting.
Seller is finalizing siding installation and minor touch ups for move-in readiness. This property is currently operating successfully as a short-term vacation rental on platforms including Airbnb, Vrbo, and Booking.com, providing a strong, established, source of supplemental income for the owner.
Type
Multi-Family
Parking Space
5-10
Year Built
1900
Stories
2
Price
$380,000
MLS#
1651300
Amenities
Appliances
- Full Refrigerator
- Range/Oven
- Stainless Steel Appliances
- Washer/Dryer
Exterior Amenities
- Balcony
- Covered Entry Porch
- Deck
- Patio
- Sewer - Public
- Water - Public
Interior Amenities
- Cooling - Window Unit
- Heating - Direct Vent
- Heating-Hot Water, Radiator
- Tankless Water Heater
Local Weather
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