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About the Listing 1112 - 023363
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 3 bed / 1 bath unit, a 2 bed / 1 bath unit, as well as 1 bed / 1 bath. 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!
Listing Highlights for 152 Main St
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
1636284
Year Built
1940
Total Square Footage
2,112
Lot/Acreage
0.21
County
Somerset
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2112
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Bulkhead,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Open,Level,Sidewalks,Intown,Near Shopping
- Garage Capacity: N/A
- Roof: Metal
- Others:
- Sewer: Public Sewer
- Parking Features: 5 - 10 Spaces,Paved,Common
Financial Details
- Tax Amount: $1,378
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
152 Main St Madison, ME 04950
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