152 Main Street, Madison, ME 04950
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
152 Main Street,Madison, ME 04950
$173,000
- - Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by:chelsea vangorden
Office:allied realty
MLS#:1636284
Source:ME_MREIS
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Price summary
- Price:$173,000
About this home
13007 - PRIME Investment Opportunity in Madison! Here's your chance to scoop up a 3-unit multi-family property sitting right on Main Street—where tenants (or you!) can walk to shops, restaurants, schools, and the park. Talk about LOCATION, LOCATION, LOCATION! This gem sits on an oversized lot with a shared driveway and comes with long-term tenants in all 3 units and a solid rental history. inside you'll find a spacious 2 bed / 1 bath unit, and two 1 bed / 1 bath unit. With all units currently rented and a historically low vacancy rate, you've got steady income right out of the gate! Want to live here yourself? No problem! With no long-term leases in place, you've got the flexibility to move in and make it your own. The property already has strong bones—half the roof was replaced after the 2023 ''Grinch Storm,'' and while the other half may need updating soon, the potential here is HUGE. A little paint and TLC will go a long way in boosting value. Opportunities like this don't pop up every day. Whether you're looking to expand your portfolio or get started in real estate investing, this property checks all the boxes. Don't wait—this Madison multi-unit won't last long!
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Home facts
- Year built:1940
- Listing ID #:1636284
- Updated:October 21, 2025 at 07:47 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1940
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$173,000
- Tax amount:$1,378 (2024)
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