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45 Madison Avenue, 
Madison, ME 04950

$285,000


Bed


2

Baths


2,304

Sq Ft


Multi-Family

Pending

Listed by

Sylvia Turner

Allied Realty

Last updated:

May 29, 2025, 07:24 AM

MLS#

1614162

Source:

ME MREIS

About This Home

45 Madison Avenue

12913 - Prime investment opportunity downtown Madison. This beautifully remodeled 2-unit apartment (2023-2024) is perfect for homeowners or savvy investors! Each unit offers 2-bedrooms 1 bath. The home could be converted to a 4-bedroom residential home if desired. This unit sits on a desirable corner lot with two separate driveways. Recent upgrades include new high efficiency hot water heaters and a new oil-fired burner for worry-free living. Live in one unit and rent the other to offset your mortgage. Build equity and generate rental income. Madison Electric for affordable power. Call for your showing today.

Home Facts

Multi-Family

2 Baths

Built in 1925

Price Summary

285,000

$123 per Sq. Ft.

MLS #:

1614162

Last Updated:

May 29, 2025, 07:24 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,304 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,304 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$285,000

Price per Sq. Ft:

$123 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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