$215,000
152 Main Street
Madison
Listing Courtesy of
Allied Realty
152 Main Street, Madison, ME 04950
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!
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 Courtesy of
Allied Realty
DETAILS
- Listing Id1636284
- StatusActive
- TypeMulti-Family
- SeasonalNo
- Map / Lot20 / 45
- Book / Page2155 / 193
- Sq Ft Finished Above Grade2112
- Sq Ft Finished Total2112
- Total Baths3 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Hot Water
- CoolingNone
- ElectricFuses
- BasementBulkhead, Full, Interior, Unfinished
- RoofMetal
- FloorsCarpet, Laminate, Wood
- GarageNo
- Lot FeaturesIntown, Level, Near Shopping, Open, Sidewalks
- Parking Features5 - 10 Spaces, Common, Paved
- StyleColonial
- Water ViewNo
- Checked For UpdatesWednesday, September 3, 2025 at 3:02 PM
- IDX Listing UpdatedTuesday, September 2, 2025 at 7:51 PM
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