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!
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
Estimated Payment
$ 1,132.90 per month $589.78 Principal & Interest $465.83 Property Tax $77.29 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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.