97 13th Avenue

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97 13th Avenue

Madawaska, ME 04756
Asking Price
$95K
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily property located at 97 13th Avenue in Madawaska Maine
  • Asset is currently offered for sale at a price of $95,000
  • Strategically positioned near the Saint John River and international transit
  • Suitable for investors targeting long-term residential rental income opportunities
  • Stable regional submarket with proximity to local manufacturing employment hubs

What's Special

Madawaska serves as a northern gateway in Maine, positioned along the Saint John River border. This multifamily property at 97 13th Avenue sits within a region characterized by its close proximity to international transit routes and a localized economy centered on manufacturing and forestry-related industries. The area offers a quiet, residential atmosphere that appeals to those seeking consistent rental demand from regional workers and long-term residents. The asset provides a straightforward investment for owners looking to enter the northern Maine residential market. With a purchase price of $95,000, this building represents a scalable option for individuals focused on portfolio diversification in smaller, stable submarkets. Investors can explore various management strategies to optimize cash flow, as the structure is well-positioned to serve as a steady component of a rental income strategy. The property stands as a functional addition for operators familiar with the specific dynamics of Aroostook County real estate.

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NOI
$80,000
Cap Rate
84.21%
DSCR
14.18
Strong
Cash-on-Cash
260.91%
Monthly Payment
$470.008
Annual Cash Flow
$74,359.902

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