Refine Search

54 Weston Avenue , Madison, ME 04950

$265,000
  • 54 Weston Avenue , Madison, ME 04950 Main Photo

70 Total Photos [Click to View All]

New to the Market Active
BEDS0 BATHS3 full SQUARE FEET4,684 MLS#1672049
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRSU 59-MSAD 59

Property Description

Whether you're looking to owner occupy while your tenants help pay the mortgage or expand your investment portfolio, this versatile multi-unit property is one you won't want to miss.Offering over 4,500 square feet of living space, the property features one spacious 4-bedroom unit, one 3-bedroom unit, and one 1-bedroom unit, providing excellent income potential. Live in one unit and let the rental income offset much of your mortgage, or lease all three units as a strong investment opportunity.The property has seen several major updates over the past few years and is situated on a quiet road on a rare double lot. A detached two-car garage offers additional rental or storage income potential, while the unfinished attic presents an opportunity for future expansion. The current rents are below market value, offering room to increase income over time.For investors looking to maximize the property's potential, there may also be an opportunity to reconfigure the layout into four 2-bedroom units and one 1-bedroom unit, subject to municipal approval and any required permits.Properties offering this combination of size, flexibility, income potential, and future upside are hard to find. Schedule your private showing today!

54 Weston Avenue | MLS# 1672049

This multi-family property located at 54 Weston Avenue , Madison, ME 04950 is currently listed for sale with an asking price of $265,000. Weston Avenue is located within the RSU 59-MSAD 59 school district. Search Madison real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Doghouse, Interior Entry, Walk-Out Access, Finished, Full, Unfinished
Garage: 2
Heating: Oil, Baseboard, Hot Water
Home Style: Victorian
Lot Size: 0.23 Acres
Roof Type: Metal, Shingle
Taxes: $5,590
Year Built: 1910

Feature Descriptions

Amenities: 1st Floor Bedroom, Attic, Bathtub, Washer Hookup, Pantry, Storage
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Clapboard
Flooring: Laminate, Vinyl, Wood
Foundation: Granite, Poured Concrete
Lot: Intown, Near Golf Course, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks
Parking: Common, Paved,5 - 10 Spaces, On Site, Garage Door Opener, Detached
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 3984
SQ FT Below Grade: 700
Water: Public

Local Schools

School District: RSU 59-MSAD 59

Listed By / Shown By

Listed By

Agency Name: Real Broker
Agency Phone: 207-272-3954

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,132.90 per month $589.78 Principal & Interest $465.83 Property Tax $77.29 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel